# McCombs Partners

McCombs Partners is a Single Family Office based in San Antonio, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** San Antonio, United States
- **Region:** North America
- **Address:** 755 East Mulberry Avenue, Suite 600, San Antonio, TX 78212, United States
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** mccombsenterprises.com
- **LinkedIn:** https://www.linkedin.com/company/mccombs-partners

## Regulatory record

- **Reports private funds:** No

## About

McCombs Partners was formed in 2005 to oversee the McCombs family's capital. Marsha McCombs Shields serves as CEO and Managing Partner. The firm allocates to direct private equity, real estate and energy assets. Investment types include private equity, real estate, natural resources and direct co-investments. Geographic focus remains North America with primary activity in Texas. Confirmed holdings encompass the Tower Life Building, Palmilla Beach Resort, The Reserve at St. Charles Bay and multiple automotive dealerships operating under Red McCombs Automotive. No recent operational events from the last 24 months appear in available records. The firm maintains the McCombs Foundation for philanthropic distributions that have exceeded $175 million. Team size and external office locations remain undisclosed. The structure integrates an operating company with the family office, allowing direct control over automotive, energy and development assets rather than reliance on external managers.

## Sectors

- Private Equity
- Real Estate
- Energy Transition & Renewables
- Mobility & Transportation
- PropTech
- Healthcare Services
- FinTech

## People

- Marsha McCombs Shields — CEO & Managing Partner

## Questions

### Who runs investment decisions at McCombs Partners?

Marsha McCombs Shields serves as CEO and Managing Partner. Rad Weaver, Gary Woods and Harry Adams IV act as long-standing business partners on investment and operating matters.

### Is McCombs Partners structured as a single family office or does it operate more like a venture firm?

It functions as a single family office that also controls operating divisions in automotive, real estate and energy. The model combines direct ownership of businesses with private equity and real estate allocations.

### Does McCombs Partners participate in fund commitments or only direct deals?

Available records show emphasis on direct private equity investments and ownership of operating assets rather than commitments to external funds.

### What investment stages does McCombs Partners typically target?

The firm targets growth equity and venture capital stages alongside direct ownership of established operating businesses.

### Does McCombs Partners maintain philanthropic structures, and how are they separated?

The McCombs Foundation handles charitable giving that has totaled more than $175 million. It operates separately from the investment activities of the family office.

## Related profiles

- [McCombie Group Family Office](https://altss.com/profile/mccombie-group-family-office)
- [McCullen Capital](https://altss.com/profile/mccullen-capital)

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Last updated: 2026-08-10T15:58:45.833Z

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