# 42 North Partners 42 North Partners is a Single Family Office based in Grand Rapids, United States. ## Overview - **Organization type:** Single Family Office - **Headquarters:** Grand Rapids, United States - **Region:** North America - **Address:** Grand Rapids, MI, United States - **Founded:** 2011 - **Assets under management:** Undisclosed - **Website:** 42np.com - **LinkedIn:** https://www.linkedin.com/company/42-north-partners/about/ ## Regulatory record - **Reports private funds:** No ## About Mike Jandernoa established 42 North Partners in 2011. He previously served as CEO and chairman of Perrigo Company. The office manages the family’s capital alongside co-founder Sue Jandernoa. The firm allocates across private equity funds, direct co-investments and regional venture programs. It targets early-stage and growth opportunities in North America. Confirmed focuses include AgriTech & FoodTech and Healthcare Services. The team also maintains an affordable housing portfolio in Grand Rapids and Lansing through ICCF. The office employs a compact professional staff that includes dedicated leads for investments, finance, tax and entrepreneurship programs. It operates the Jandernoa Entrepreneurial Mentoring initiative and maintains the Jandernoa Foundation. Mike Jandernoa serves on the board of Business Leaders for Michigan and chairs the policy committee at the West Michigan Policy Forum. The family office integrates investment, operating-company and philanthropic activities under one roof. This structure allows direct oversight of capital deployment and community initiatives without external fund vehicles or outside limited partners. ## Sectors - AgriTech & FoodTech - Healthcare Services ## People - Mike Jandernoa — Co-founder - Sue Jandernoa — Co-founder - Carl — Investment lead - Will — Private equity and co-investment manager ## Questions ### Who runs investment decisions at 42 North Partners? Carl leads investment activities. Will manages the private equity fund portfolio and co-investment program. Both report within the family office structure. ### How does 42 North Partners source proprietary deal flow? The firm draws on Mike Jandernoa’s network from his Perrigo tenure and regional business leadership roles. It also participates in West Michigan economic development initiatives. ### Does 42 North Partners participate in fund commitments or only direct deals? It commits to private equity funds and runs a separate co-investment program. Both approaches appear in the documented strategy. ### What investment stages does 42 North Partners typically target? The firm targets early stage, seed, start-up and growth opportunities alongside buyouts. It states these stages explicitly on its site. ### Does 42 North Partners maintain philanthropic structures, and how are they separated? The Jandernoa Foundation operates alongside the office. Janet coordinates grants for the foundation while also supporting 42 North Partners operations. ### How is 42 North Partners related to the Jandernoa Entrepreneurial Mentoring program? Mike Jandernoa founded the mentoring program. Brandon serves as its executive director and reports within the 42 North Partners organization. ## Related profiles - [3P Equity Partners](https://altss.com/profile/3p-equity-partners-llc) - [47 Capital Management](https://altss.com/profile/47-capital-management) --- Last updated: 2026-08-10T15:58:45.833Z Canonical page: https://altss.com/profile/42-north-partners Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology