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42 North Partners
Michael Jandernoa, former CEO and Chairman of Perrigo Company, established 42 North Partners as a single-family office based in Grand Rapids, Michigan.
42 North Partners
Michael Jandernoa, former CEO and Chairman of Perrigo Company, established 42 North Partners as a single-family office based in Grand Rapids, Michigan. The wealth trace originates from Jandernoa's executive leadership at Perrigo, a global pharmaceutical manufacturer that became one of Michigan's largest public companies under his tenure.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Grand Rapids
Corporate office
171 Monroe Avenue NW, Suite 410, Grand Rapids, MI 49503, United States
Principals
Michael Jandernoa
Founder
Susan Jandernoa
Co-founder
Carl Jandernoa
Partner
Rob Jandernoa
Partner
Steve Jandernoa
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at 42 North Partners?
Carl Jandernoa, a family member and partner, leads investment activities for 42 North Partners. The investment mandate is managed by the family partnership, with Michael Jandernoa serving as founder.
How does 42 North Partners source deal flow?
The firm appears to focus on real estate development opportunities in West Michigan, with its flagship Studio Park project as a primary example. Deal sourcing is likely driven by local relationships and the Jandernoa family's network from Michael's tenure at Perrigo.
Is 42 North Partners structured as a single family office or does it operate more like a venture firm?
42 North Partners is structured as a single-family office with a partnership model, dividing responsibilities among family members. It does not operate as a registered investment adviser or fund, and its activities remain concentrated on direct investments rather than third-party capital.
What investment stages does 42 North Partners typically target?
The firm focuses on direct real estate development and operating assets rather than venture capital or growth equity. Studio Park represents a ground-up mixed-use development, not a passive financial investment.
Which sectors does 42 North Partners explicitly avoid?
There is no public statement on excluded sectors. However, based on observed activity, the firm does not appear to invest in public equities, hedge funds, or private equity fund commitments.
Does 42 North Partners maintain philanthropic structures, and how are they separated?
Yes, the Michael and Susan Jandernoa Foundation is a separate philanthropic entity distinct from 42 North Partners. The foundation, co-founded by Susan Jandernoa, handles charitable giving, while 42 North Partners focuses on investment and business activities.
How is 42 North Partners related to Perrigo Company?
42 North Partners is not an operating entity of Perrigo. The wealth managed by the family office originates from Michael Jandernoa's tenure as CEO and Chairman of Perrigo, but the family office is a separate private entity.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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