Updated:
Hobby Lobby Investments
HL Investments was founded in 2009 to manage wealth originating from the Green family’s ownership of Hobby Lobby Stores. David Green established the firm...
Hobby Lobby Investments
HL Investments was founded in 2009 to manage wealth originating from the Green family’s ownership of Hobby Lobby Stores. David Green established the firm alongside the retail business that began in 1970. The office operates from Oklahoma City and follows a mandate tied to family governance. The investment approach centers on private equity and real estate allocations executed through concentrated commitments to external managers. The firm also executes direct co-investments and fund-of-funds positions. Geographic exposure remains limited to North America. No specific portfolio holdings or co-investors appear in public materials. Team leadership includes Scott McLain as Chief Investment Officer and Derek Green as Managing Director. No additional offices or headcount figures are disclosed. The firm maintains ties to the Hobby Lobby Foundation and Museum of the Bible. No operational events from the last 24 months are recorded in available sources. The office structure integrates investment decisions with explicit religious guidelines that shape manager selection and capital use.
General information
Firm type
Single Family Office
Year founded
2009
Location
Region
North America
Country
United States
City
Oklahoma City
Corporate office
Oklahoma City, United States
Principals
David Green
Founder
Scott McLain
Chief Investment Officer
Derek Green
Managing Director
Altss tracks 1 additional named team member for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
Book a demoSector focus
Frequently asked questions
Who runs investment decisions at HL Investments?
Scott McLain holds the Chief Investment Officer title. Derek Green serves as Managing Director. Both report within the family office structure.
How does HL Investments source proprietary deal flow?
The firm relies on relationships with private equity and real estate managers. No additional sourcing channels are described in public materials.
Is HL Investments structured as a single family office or does it operate more like a venture firm?
It functions as a single-family office for the Green family. Activity centers on manager commitments rather than early-stage venture.
Does HL Investments participate in fund commitments or only direct deals?
The office makes fund commitments alongside direct co-investments and SPVs. Both structures appear in its mandate.
Where does the underlying wealth come from?
Wealth originates from the Green family’s ownership of Hobby Lobby Stores, founded in 1970.
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.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: