Asset Manager

Updated:

Kearney

Kearney has advised three-quarters of the Fortune Global 500 since 1926, embedding product designers with operators through its PERLab unit.

Kearney

Andrew Thomas Kearney founded the firm in 1926 on a single principle: that advisory value turns on the essential rightness of the advice. Today the firm operates from more than 40 countries, serving governments alongside the Fortune Global 500. The partnership remains privately held and organized around industry verticals rather than a single-family balance sheet. Kearney routes its strategy mandates through three interconnected practices: cost and supply-chain restructuring, growth and innovation, and product-level design via PERLab. Product-first engagements in Chicago, Stuttgart, Bangalore, and Shanghai let client teams co-build physical prototypes rather than review slide decks. The firm's FDI Confidence Index is a widely cited macro barometer; its 2026 edition tracked a geopolitical recalibration of investment flows. A 2025 Sustainability Report formalized the firm's climate-procurement commitments. September 2023 brought the launch of the wHealth Employer Index, a benchmarking tool that moves corporate women's-health commitments from awareness to auditable accountability. The firm does not publish a headcount or an assets-under-management figure. No adjacent philanthropic foundation, club, or real-asset vehicle is publicly linked to the operating partnership. Kearney's architecture differs from most consultancies in one structural way: PERLab operates as a product-first innovation lab inside a legacy strategy house. That hybrid lets clients move from cost diagnostics to physical product redesign inside a single engagement, collapsing the typical consultant-to-industrial-designer handoff into one weeklong working session.

General information

Firm type

Asset Manager

Year founded

1926

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Frequently asked questions

Who runs Kearney's investment or advisory decisions?

Kearney is a privately held management consulting partnership founded by Andrew Thomas Kearney in 1926. The firm does not manage a public investment fund; advisory decisions rest with elected partners organized along industry verticals. No single named principal controls an investment book.

Does Kearney participate in fund commitments or direct deals?

Kearney is not an investment manager and does not make fund commitments or direct company investments. It delivers strategy, operations, and product-design advisory services to corporate and government clients across more than 40 countries.

What is PERLab and how does it affect Kearney's sourcing?

PERLab is Kearney's product-first innovation lab, housed inside the broader consulting partnership. It places industrial designers alongside Kearney's cost and supply-chain consultants so clients can prototype physical products — from packaging to durable goods — during the same engagement window, compressing the traditional separate design sprint into days.

Which sectors does Kearney explicitly avoid?

Kearney does not publish an exclusion list or a restricted-sectors policy. Its public work spans consumer goods, public-sector reform, financial services, and industrial supply chains. The firm has not disclosed a posture on defense, extractives, or contentious industries.

Does Kearney maintain philanthropic structures, and how are they separated?

The 2025 Sustainability Report formalized climate and social commitments made directly through the consulting partnership. Kearney does not identify a separate philanthropic foundation, endowment, or impact-investment vehicle in publicly available materials.

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