# McCourt LP McCourt LP is a Single Family Office based in New York, United States. ## Overview - **Organization type:** Single Family Office - **Headquarters:** New York, United States - **Region:** North America - **Address:** New York, NY, United States - **Founded:** 1893 - **Assets under management:** Undisclosed - **Website:** mccourt.com - **LinkedIn:** https://www.linkedin.com/company/mccourt-global ## Regulatory record - **Reports private funds:** No ## About McCourt LP traces its roots to 1893 when John McCourt started a Boston road-building firm. Frank McCourt, fifth-generation principal and Executive Chairman, expanded the platform after selling the Los Angeles Dodgers in 2012 for $2.15 billion. The office now operates from New York as a single-family vehicle that integrates operating businesses with investment activity. Deployment spans real estate, private equity, infrastructure, and sports franchises. Asset classes include direct real-estate projects such as 360 Tenth Avenue in New York and The Stage in London, plus ownership of Olympique de Marseille. The office also commits to private credit through MGG Investment Group and technology bets via Project Liberty. Activity covers North America and Europe. Structures favor direct ownership and co-investments over fund-of-funds vehicles. The team remains small and centralized in New York. Frank McCourt serves as Executive Chairman while Shéhérazade Semsar-de Boisséson acts as CEO. Adjacent vehicles include The McCourt Foundation and Project Liberty Institute. In 2025 Conning & Company acquired a majority stake in MGG Investment Group, an affiliate founded with McCourt capital. In 2024 Frank McCourt published the book Our Biggest Fight, directing proceeds to Project Liberty Institute. The office maintains a hybrid structure that combines operating-company ownership with mission-related investing. This architecture lets McCourt LP retain control over both commercial assets and civic initiatives without external limited-partner reporting requirements. ## Sectors - PropTech - Sports & Wellness - Media & Entertainment - FinTech - GovTech ## People - Frank McCourt — Executive Chairman - Shéhérazade Semsar-de Boisséson — Chief Executive Officer ## Questions ### Who runs investment decisions at McCourt LP? Frank McCourt serves as Executive Chairman and sets overall direction. Shéhérazade Semsar-de Boisséson acts as CEO and oversees day-to-day operations of McCourt Global. ### Does McCourt LP participate in fund commitments or only direct deals? The office favors direct ownership, co-investments, and SPVs. It maintains permanent capital inside McCourt Partners rather than committing to third-party funds. ### What investment stages does McCourt LP typically target? Activity spans buyouts, growth equity, seed, and venture capital. Holdings include both mature real-estate assets and early-stage technology platforms such as Frequency. ### How is McCourt LP related to Project Liberty? Project Liberty operates as an initiative of McCourt Global. It develops the Decentralized Social Networking Protocol and advocates for data-ownership standards in internet infrastructure. ### Does McCourt LP maintain philanthropic structures, and how are they separated? The McCourt Foundation and Project Liberty Institute sit alongside the investment platform. Both entities receive funding from McCourt Global but pursue separate civic and research mandates. ### What is McCourt LP's known posture on co-investments alongside external GPs? The office co-invests selectively with partners such as MGG Investment Group and Guggenheim Partners. It structures these positions through direct vehicles rather than blind-pool funds. ## Related profiles - [LionX Advisors](https://altss.com/profile/lionx-advisors-corp) - [SKG Family Office](https://altss.com/profile/skg-family-office) --- Last updated: 2026-08-10T15:54:10.904Z Canonical page: https://altss.com/profile/mccourt-lp-frank-mccourt-family-office Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology