Single Family Office

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Parkland Management

Parkland Management was founded in 1987 to serve the Horvitz family. Michael J. Horvitz, a retired Jones Day partner, serves as chairman. The underlying wealth...

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Parkland Management

Parkland Management was founded in 1987 to serve the Horvitz family. Michael J. Horvitz, a retired Jones Day partner, serves as chairman. The underlying wealth originated in Ohio heavy-highway construction plus regional newspaper and cable holdings. The firm allocates across public securities, private equity funds, real estate, hedge funds and secondaries. It also executes direct co-investments and SPVs. Geographic exposure centers on North America with additional real-estate holdings in Florida and Washington state. Confirmed positions include interests in private-equity and hedge-fund vehicles alongside direct real-estate assets. No recent operational events from the last 24 months appear in available records. The team includes CIO Al Hemmingsen and principal Peter Horvitz. Parkland maintains multiple Cleveland offices and supports several family foundations including the MJH Foundation and the Richard Horvitz and Erica Hartman-Horvitz Foundation. Parkland integrates investment management with family-office services such as estate planning and philanthropic administration under one structure, a model that keeps governance and deployment decisions within the same entity.

General information

Firm type

Single Family Office

Year founded

1987

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Cleveland

Corporate office

1001 Lakeside Avenue, Suite 900, Cleveland, OH 44114, United States

Principals

Michael J. Horvitz

Chairman

Al Hemmingsen

Chief Investment Officer

Peter Horvitz

Principal

Sector focus

Other

Frequently asked questions

Who runs investment decisions at Parkland Management?

Michael J. Horvitz serves as chairman. Al Hemmingsen acts as chief investment officer. Peter Horvitz participates as a principal.

Where does the underlying wealth come from?

The Horvitz family fortune originated in Ohio heavy-highway construction and holdings in regional newspapers and cable television.

What asset classes does Parkland Management deploy into?

Allocations span public securities, private equity funds, real estate, hedge funds, secondaries and direct co-investments.

Does Parkland Management maintain philanthropic structures?

Yes. The firm administers multiple family foundations including the MJH Foundation and the Richard Horvitz and Erica Hartman-Horvitz Foundation.

How is Parkland Management related to the Horvitz family?

It functions as the dedicated single-family office for the Horvitz family and handles investment, tax, estate and philanthropic matters across generations.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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