Myrtle Grove Ventures

Myrtle Grove Ventures

William Crown founded Myrtle Grove Ventures in 2011 as a multi-family office headquartered in Annapolis, Maryland. The firm invests on behalf of a small, private group of high-net-worth families, blending direct real estate acquisitions with venture-stage allocations. Its formation reflected a desire among its founding families for a consolidated, flexible investment vehicle outside the constraints of institutional fund structures. The firm's portfolio spans direct real estate, private credit, and venture capital. Real estate investments center on income-producing residential and commercial properties, predominantly in Mid-Atlantic and Southeast US markets. On the venture side, Myrtle Grove has participated in early-stage funding rounds. One disclosed position is a stake in a Maryland-based technology startup, though the firm does not widely publicize its full portfolio. Capital is deployed primarily as direct equity and structured debt, with occasional co-investments alongside other family offices. Team size and total deployment are not publicly disclosed. The firm operates from a single office in Annapolis and does not maintain a separate philanthropic foundation or club membership structure under the Myrtle Grove brand. In May 2024, public filings indicated Myrtle Grove Ventures renewed its registration with the state of Maryland, consistent with ongoing active investment operations. The firm's structural distinction lies in its closed architecture: it manages capital for a fixed group of families and does not solicit outside investors. This allows for flexible deal structuring — blending real assets and venture exposure within a single private vehicle — without the redemption pressures or reporting requirements of a registered investment adviser marketing to the broader public.