Lucey Investment Management

Thomas C. Lucey serves as the principal overseeing the office's investment activity. The firm's structure as a single-family office means decision-making remains concentrated with the principal rather than dispersed across an investment committee with outside members or limited-partner advisory boards.

The Lucey family's wealth derives from commercial real estate and private operating investments, with deep roots in the Chicago market. The family built its capital base through direct property ownership over multiple decades rather than through a single liquidity event such as a business sale or IPO.

No. The office is structured strictly as a single-family office and does not accept or manage third-party capital. This distinguishes it from multi-family offices and registered investment advisers that pool assets from unrelated families or institutional investors.

The firm invests across three primary asset classes: direct commercial real estate, private credit, and private equity in operating companies. Its real estate focus has historically centered on Midwestern office, industrial, and retail properties, while its credit activity emphasizes asset-backed lending structures.

Lucey Investment Management pursues direct, concentrated equity positions in operating companies rather than committing as a limited partner to third-party private equity funds. This direct-investment approach allows the family to control transaction terms and hold positions without the constraints of a fund's lifecycle.