# Dundee Partners

Dundee Partners is a Single Family Office based in Westport, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Westport, United States
- **Region:** North America
- **Address:** 28 Turkey Hill Road, Westport, CT 06880, United States
- **Founded:** 2012
- **Assets under management:** 959 (Altss estimate)
- **LinkedIn:** https://www.linkedin.com/company/dundee-partners

## Regulatory record

- **Reports private funds:** No

## About

Dundee Partners was founded in 2012 by Stephen M. Hendel after his career in energy trading. Sam Hendel serves as managing partner and has expanded the firm’s reach into cultural and technology assets. Ruth Hendel participates as co-founder with a focus on Broadway production. The firm allocates across music rights, intellectual property, private equity and direct co-investments. Chord Music Partners, its joint venture with Universal Music Group, holds global music catalogs. Searchlight Capital Partners committed $400 million to the vehicle in 2025 after KKR exited its position in 2024. Deployments span North America and Europe with exposure to pre-seed and seed stages in AI/ML and data analytics. The team maintains offices and residences in Westport and Larchmont. Additional holdings include Fela Kuti cultural assets. Sam Hendel co-founded Accelerate Yale and StartUp Westport while serving on the Yale Schwarzman Center Advisory Board. The Hendel Family Foundation and Ruth & Stephen Hendel Foundation handle separate philanthropic activity. Ownership remains within the Hendel family with investment decisions concentrated at the managing-partner level. This structure allows rapid commitment to special-situations and royalty transactions without external limited-partner reporting cycles.

## Sectors

- FinTech
- Media & Entertainment
- Luxury
- Data Analytics
- AI/ML

## People

- Stephen M. Hendel — Founder
- Sam Hendel — Managing Partner
- Ruth Hendel — Co-founder

## Questions

### Who runs investment decisions at Dundee Partners?

Sam Hendel serves as managing partner and directs day-to-day allocations. Stephen M. Hendel retains founder oversight on major commitments.

### How does Dundee Partners source proprietary deal flow?

The firm leverages family relationships in energy trading and Broadway production. Sam Hendel’s co-founding of Accelerate Yale and StartUp Westport generates additional technology and media opportunities.

### Does Dundee Partners participate in fund commitments or only direct deals?

The firm favors direct co-investments and SPVs. Chord Music Partners operates as a joint venture rather than a blind-pool fund.

### What investment stages does Dundee Partners typically target?

Confirmed activity includes pre-seed and seed rounds alongside buyout and special-situations transactions in music rights and cultural assets.

### Does Dundee Partners maintain philanthropic structures, and how are they separated?

The Hendel Family Foundation and Ruth & Stephen Hendel Foundation operate as separate entities from the investment office.

### What is Dundee Partners’ known posture on co-investments alongside external GPs?

The firm has executed co-investments with Searchlight Capital Partners and previously with KKR inside Chord Music Partners.

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/dundee-partners

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