Molex

Fred Krehbiel, formerly CEO and co-chairman of Molex Incorporated, sets investment policy and approves direct commitments. The office operates with a small internal team; day-to-day sourcing and diligence are handled by investment professionals reporting to Krehbiel. Outside counsel and deal-specific advisors are brought in for larger transactions, but final capital-commitment authority rests with the family principal.

The wealth originated from the sale of Molex Incorporated to Koch Industries for $7.2 billion in 2013. John H. Krehbiel Sr. founded Molex in 1938 as a plastics-molding business that evolved into one of the world's largest electronic-connector manufacturers. The Krehbiel family held majority ownership until the Koch acquisition, at which point the family's proceeds created the capital base for the current investment office.

It operates strictly as a single family office managing the Krehbiel family's capital. There is no evidence of external limited partners, and the office does not market itself as a multi-family platform. The permanent-capital structure allows it to hold positions indefinitely without redemption pressure from outside investors.

The office primarily pursues direct investments and co-investments alongside venture capital and private equity sponsors. Public filings and portfolio-company disclosures indicate direct equity stakes in companies such as Addepar and Aviatrix. While the office may hold limited-partner positions in select funds, its disclosed activity skews toward direct-deal participation.

The family office concentrates on late-stage venture and growth-equity rounds, typically participating in Series C through pre-IPO financings. Portfolio company disclosures show check sizes in the $20 million to $200 million range. The office occasionally takes public-equity positions in industrial and technology companies where the Krehbiels' operational background provides edge.

The office has shown no appetite for consumer-facing software, retail, or traditional energy exploration. Its disclosed investments cluster in industrial technology, enterprise infrastructure, and mobility, suggesting a deliberate avoidance of sectors where the principals lack hands-on operating experience. Biotech and pharmaceuticals are also absent from known portfolio holdings.

The offices are entirely separate entities. Koch Industries acquired Molex Incorporated in 2013, but the Krehbiel family proceeds from that sale formed an independent investment vehicle with no shared governance, personnel, or capital with Koch. Fred Krehbiel retired from Molex's board upon the acquisition's closing and manages the family office autonomously.