Updated:
Paul | McCoy Family Office Services
Mark Nunnelly's Boston multi-family office advises families on wealth, legacy, and direct investments in real estate and luxury hospitality.
Paul | McCoy Family Office Services
Paul | McCoy operates from a single location in Boston's Back Bay, formed by Mark Nunnelly after a career that included serving as a director at Bain Capital. The firm's client base appears tightly clustered around a small number of families whose wealth was generated in private equity, operating businesses, and luxury consumer brands. Nunnelly's partner Denise Dupré co-owns and manages a portfolio of high-end European and Caribbean hotels, including the Royal Champagne Hotel & Spa in France and Le Barthélemy Hotel & Spa in St. Barthélemy, while Neil Mellen built the Town Fair Tire chain across New England before engaging the firm for foundation and real estate structuring. Confirmed investment types reflect the principals' direct experience: real estate, secondaries and special situations, and philanthropic or mission-related investing. The real estate exposures include the Greenwich Village mega-townhouse at 138 W. 11th Street in Manhattan, a Town Fair Tire net-lease portfolio spanning six New England states, and luxury residential units in Nashville and Boston. On the operating side, the principals own and actively manage a collection of wine and hospitality assets in France and the Caribbean — Château de la Commaraine in Pommard and a bespoke Contest 67CS yacht appear alongside the hotel properties — suggesting the family office often functions as a direct operating company for real assets. The firm's geographic footprint is concentrated in North America, with European hospitality holdings held through separate ownership structures. The firm keeps team size and aggregate deployment figures private. Additional detail exists only at the foundation level: the Mellen Charitable Foundation, Toolbox Foundation, and Town Fair Tire Foundation handle the principals' philanthropic giving. Professional network ties include the Boston Foundation's Professional Advisors Network, where team members Raj Chokhani and Coco M. Plum maintain active memberships, and an association with Innospark Ventures through the New England Venture Capital Association. Paul | McCoy's most defining structural feature is its hybrid posture — it operates as both an external multi-family office for founding-family wealth and a direct operating platform for the principals' own hospitality, real estate, and luxury-collectible investments. Most multi-family offices separate client assets from principal assets; here the investment thesis is visibly shaped by what the founders themselves build, buy, and manage, then offered as co-investment or advisory access to a small circle of families with similar operating backgrounds.
General information
Firm type
Multi Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Boston
Corporate office
Boston, MA, United States
Principals
Mark Nunnelly
Founder
Denise Dupré
Business Partner
Neil Mellen
Business Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Paul | McCoy?
Founder Mark Nunnelly, former Bain Capital director, leads the firm alongside his wife and business partner Denise Dupré and Town Fair Tire founder Neil Mellen. The principals' own operating and investment track records — private equity, luxury hotels, retail real estate — drive the investment thesis rather than a separate investment committee. Day-to-day advisory work includes team members Raj Chokhani and Coco M. Plum, who maintain ties to the Boston Foundation's Professional Advisors Network.
Does Paul | McCoy operate more like a family office or a direct investment platform?
It functions as a hybrid. The firm serves a small group of external families for wealth management and legacy planning, but its principals co-own a portfolio of operating hospitality assets — Royal Champagne Hotel & Spa, Le Barthélemy, Château de la Commaraine — and directly hold commercial and residential real estate. The line between advisory work and principal investing is blurred, with client access to deals often shaped by what the founders themselves are buying.
What asset classes does the firm actually invest in?
Confirmed exposures cluster in three areas: real estate (commercial net-lease, luxury residential, mixed-use), secondaries and special situations, and philanthropic or mission-related investments. The real estate holdings span New England retail properties tied to the Town Fair Tire network, a Greenwich Village townhouse, and units in Boston and Nashville. The principals also maintain direct hospitality and wine assets in France and the Caribbean.
Where does the underlying wealth come from?
The firm's principals represent three distinct wealth-generation paths: Mark Nunnelly's private equity career at Bain Capital, Neil Mellen's founding and scaling of the Town Fair Tire retail chain across New England, and Denise Dupré's luxury hospitality and wine ventures. The client base appears to be families with similar operating-company or sponsor backgrounds.
How is the firm's philanthropic activity structured?
Philanthropic giving runs through three separate foundations: the Mellen Charitable Foundation, the Toolbox Foundation, and the Town Fair Tire Foundation. The family office provides advisory services for these entities but they maintain distinct legal structures, with Neil Mellen's foundations focused on the communities where Town Fair Tire operated.
Profile maintained by Altss 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.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: