Koch Development

Charles Koch and the Koch Industries board provide strategic oversight. Christina Denari serves as EVP of Koch Development, per public record. Day-to-day investment decisions are made by a leadership team of approximately 45 professionals across the firm's five offices — New York, Summit, Miami Beach, St. Louis, and Miami.

The firm leverages Koch Industries' vast operating network across refining, chemicals, paper, and ranching — sourcing opportunities that emerge from industrial supply chains. Additionally, it maintains relationships with major developers like Related Companies and infrastructure funds like Stonepeak Infrastructure Partners, per public record. The blend of internal corporate needs and external partnerships drives its deal pipeline.

Koch Development is structurally a multi-family office that functions with operating-company capabilities. It manages capital for multiple Koch family branches under one umbrella while executing real estate and infrastructure projects akin to a commercial developer. It sits alongside sibling entities — Koch Disruptive Technologies, Koch Equity Development — that cover venture and private equity, respectively.

The firm does both. It commits capital to external private credit and hedge fund vehicles, per public filings, while also executing direct real estate equity deals — acquisitions, ground-up developments, and infrastructure co-investments. Its proximity to Koch Industries' balance sheet allows it to underwrite larger direct positions than typical family offices.

Koch Development focuses on growth and opportunistic stages — ground-up development projects, stabilized assets, and value-add repositioning in commercial real estate; infrastructure assets with long-duration cash flows; and credit investments at the middle-market level. It does not invest in early-stage venture or seed-stage companies; those are handled by Koch Disruptive Technologies.

Koch Development avoids early-stage venture capital, pre-revenue technology startups, and consumer-facing businesses outside its core real estate and infrastructure focus. It also steers clear of sectors that conflict with Koch Industries' operational interests, such as regulated utilities or direct commodity speculation, per public record.

Koch Development and Koch Disruptive Technologies (KDT) are separate investment entities under the Koch family office umbrella. KDT handles venture and late-stage private equity in industrial tech, AI, and energy transformation. Koch Development focuses on real estate and infrastructure. Both report to Charles Koch and share certain back-office functions but operate with independent deal teams.

Yes — the Koch Foundation operates as a separate 501(c)(3) organization with its own board and endowment (approximately $2B, per publicly available IRS filings). Foundation funding comes from Koch family wealth and Koch Industries dividends but is managed independently of Koch Development's investment portfolio. The foundation focuses on education, free-market initiatives, and civic projects.

Koch Development co-invests selectively with institutional real estate and infrastructure general partners. Known partnerships include Related Companies on Hudson Yards related infrastructure and Stonepeak Infrastructure Partners on energy assets, per public record. The firm typically takes significant minority or majority stakes in co-investments, leveraging its ability to underwrite larger check sizes than most family offices.