PARK + ELM INVESTMENT ADVISERS

Managing Directors Ann Harter, Robert Harter, Suzanne Hirt, and Stephen Romaine set investment policy and approve individual manager selections. The firm does not delegate authority to an external investment committee, which keeps decision-making within the senior team that directly serves each family relationship.

The firm does not operate a formal proprietary-sourcing engine. Its co-investment and private-market exposure come through relationships with general partners who have worked with the firm's principals over multiple fund cycles. Because Park + Elm carries no distribution mandate and makes decisions quickly, GPs often offer capacity before broader fundraising launches.

Park + Elm is structured as a multi-family office, but it operates at a scale closer to a small single-family office. It deliberately limits the number of client families to ensure each receives direct access to the founding partners, avoiding the layered service model that characterizes larger multi-family platforms.

The firm does both. It commits to third-party funds across private equity, venture capital, and private credit for diversified exposure, while also participating in direct co-investments alongside managers it knows well. The allocation split depends on each family's liquidity and tax profile.

The firm is an established co-investment partner for a small circle of GPs. Its multi-family office structure allows it to aggregate capital from several families into a single co-investment vehicle, which gives Park + Elm meaningful check-size leverage without requiring any single family to over-concentrate.

While the firm does not operate a separate philanthropic entity, it coordinates charitable planning as part of its broader estate and tax advisory work. This includes donor-advised fund strategies, private foundation compliance, and structuring charitable remainder trusts for families transitioning concentrated equity positions.

The firm is headquartered in Darien, Connecticut and serves families primarily across the Northeast corridor. Its client base includes families in Fairfield County, New York City, and Boston, though the firm manages assets for families elsewhere who value the specific expertise in concentrated single-business wealth.