NGMP

NGMP

NGMP is the formal investment entity for the McNair family, whose wealth originates from the 1999 sale of Cogen Technologies to Enron for approximately $1.5 billion in cash and stock. Robert C. McNair founded Cogen, a pioneering cogeneration power company, before bringing the Houston Texans to the NFL in 2002. Following McNair's death in 2018, his wife Janice took over as principal owner of the Texans, while the family office continues to manage a diversified portfolio from Houston with additional offices in Stamford, Chicago and Beverly Hills. The family office invests across a broad mandate that spans real estate — including office, multifamily and industrial properties — private equity funds, direct venture investments and hedge fund allocations. The real estate practice is particularly active, with the McNair Group managing commercial assets across Texas and beyond. While the office does not publicly disclose full holdings, its network places it in regular deal flow for energy transition assets and early-stage technology companies, often co-investing alongside other Texas-based family offices and institutional partners. Geographic focus skews toward the Sun Belt and major coastal metro markets. The office maintains a lean internal team with deep ties to Houston's energy and real estate ecosystems. Janice McNair serves as the senior principal, supported by a small group of investment professionals operating across the four office locations. In September 2023, the McNair family sold a minority stake in the Houston Texans to a group including Tilman Fertitta, valuing the franchise at over $6 billion (per Forbes, 2023). The transaction did not alter the family office's core investment operations but marked one of the largest NFL liquidity events in recent years. NGMP's structure reflects a deliberate separation between sports ownership, operating businesses and the investment portfolio — an architecture common among NFL-owner family offices but unusual in its geographic dispersion across four metro areas. The multi-city footprint supports both real estate asset management and venture deal sourcing, giving the office presence in both energy-centric and technology-centric markets without consolidating into a single headquarters.