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Berco
Acquirer and operator of oil fields in the US, with operations concentrated in the Williston Basin and Southwestern Wyoming. The company acquires oil fields in...
Berco
Acquirer and operator of oil fields in the US, with operations concentrated in the Williston Basin and Southwestern Wyoming. The company acquires oil fields in the Northern Rocky Mountain region. Its operations are primarily focused on this area.
General information
Firm type
Single Family Office
Year founded
1920
AUM
Undisclosed
Location
Region
North America
Country
Bermuda
City
Pembroke
Corporate office
Pembroke, Bermuda
Principals
Alexander Green
Principal
Andrew Green
Principal
Sector focus
Frequently asked questions
Who controls investment decisions at Berco?
Brothers Alexander and Andrew Green, sons of Peter Green, serve as principals of the family office. The Green family has not disclosed a formal investment committee structure, and the office operates without external capital, indicating the brothers retain final decision-making authority over both real estate developments and corporate investments.
What is Berco's relationship to the Trudeau family?
Peter Green, the father of current principals Alexander and Andrew Green, was a long-time close associate of former Canadian Prime Minister Pierre Trudeau. The two families maintained a personal friendship that spanned decades. This is considered a social and political connection rather than a business partnership, though it defines the family's place in North American elite circles.
Is Berco structured as a single-family office or does it manage outside capital?
Berco operates as a single-family office managing exclusively Green family capital. The firm has no externally marketed fund vehicles, accepts no outside limited partners, and maintains no SEC or BMA registration as an investment adviser. All investment activity, from venture-stage deals to real estate development, is conducted with permanent family capital.
What is the Green family art collection, and where is it held?
The Green family maintains a substantial art collection displayed at the Hamilton Princess & Beach Club in Bermuda. The museum-grade assembly includes works attributed to Pablo Picasso, Henri Matisse, and Banksy, among others. Integrating the collection into a commercial hotel operation creates a cultural amenity that differentiates the property while keeping the assets within the family's hospitality holdings.
What geographies does Berco target for real estate investments?
Berco's hospitality and real estate holdings concentrate in Bermuda and the Eastern Caribbean. Confirmed properties include the Hamilton Princess in Bermuda, Sugar Beach in St. Lucia, and the Prospect Estate in Jamaica. The family also holds undeveloped land in Southampton, Bermuda, at the former Sonesta Beach Resort site.
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