# Hemenway Trust Company

Hemenway Trust Company is a Multi Family Office based in Salem, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Salem, United States
- **Region:** North America
- **Address:** 23 Keewaydin Drive Suite 400, Salem, NH 03079
- **Founded:** 2010
- **Assets under management:** Undisclosed
- **Website:** hemtrust.com
- **LinkedIn:** https://www.linkedin.com/company/hemenway-trust-company-llc

## Regulatory record

- **Reports private funds:** No

## About

Hemenway Trust Company was established in 2010 by Hemenway & Barnes LLP to offer fiduciary, investment and advisory services. Stephen W. Kidder serves as chairman and president while Michael J. Puzo acts as treasurer and CFO. The firm deploys capital across private equity, hedge funds, real estate, commodities and private credit. It maintains confirmed exposure to North America and indicated exposure to Europe. Confirmed positions include a stake in Sterling Suffolk Racecourse LLC through Vornado Suffolk Trust and top 13F holdings such as Alphabet, NVIDIA and Apple as of Q4 2025. ESG integration is led by a dedicated Head of Sustainable Investing. The firm manages two foundations, including the Cnr Foundation established in 2023. It holds membership in the New Hampshire Bankers Association and the Boston Bar Association. No verifiable operational events occurred in the last 24 months. Its structure originates from a law firm, allowing direct integration of trust and estate counsel with investment management for clients.

## Sectors

- Private Equity
- Hedge Funds
- Real Estate
- Commodities
- Private Credit
- Philanthropic / Mission-Related Investing

## People

- Stephen W. Kidder — Chairman of the Board and President
- Michael J. Puzo — Treasurer, CFO, and Managing Director

## Questions

### Who runs investment decisions at Hemenway Trust Company?

Stephen W. Kidder serves as chairman and president. Michael J. Puzo serves as treasurer, CFO and managing director. Both are listed in the firm's internal records.

### How is Hemenway Trust Company related to Hemenway & Barnes LLP?

Hemenway & Barnes LLP founded the firm in 2010 and continues to serve as legal counsel. The relationship supplies integrated trust and estate services to clients.

### Does Hemenway Trust Company participate in fund commitments or only direct deals?

The firm executes both fund commitments and direct investments. Confirmed holdings include public equities via 13F filings and the operating business Sterling Suffolk Racecourse LLC.

### What investment stages does Hemenway Trust Company typically target?

The firm focuses on long-term holdings rather than early-stage venture. Its public positions center on established large-cap companies and its private holdings include operating real estate assets.

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

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