Single Family Office

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Peery Partners

Peery Partners is a privately-held investment firm based in Palo Alto, California. It invests in commercial real estate, technology, consumer electronics, and...

Peery Partners

Peery Partners is a privately-held investment firm based in Palo Alto, California. It invests in commercial real estate, technology, consumer electronics, and entertainment. The firm has made two investments, including a private equity investment in Platform Accounting Group in February 2024.

General information

Firm type

Single Family Office

Year founded

2012

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Palo Alto

Corporate office

Palo Alto, CA, United States

Additional offices

Lehi, UT · Salt Lake City, UT

Principals

Richard Peery

Principal

John Arrillaga

Co-investor / Partner (historical)

Sector focus

Real EstatePrivate Credit

Frequently asked questions

Who runs investment decisions at Peery Partners?

Richard Peery is the named principal, and investment decisions are understood to flow through his direct oversight from the Palo Alto office. The office does not publicly disclose a separate CIO or investment committee structure.

What is the relationship between Peery Partners and John Arrillaga?

Richard Peery and John Arrillaga were business partners for over five decades, developing core Silicon Valley real estate together. Arrillaga passed away in 2022. The Peery and Arrillaga families now steward separate family offices, each capitalized by their share of the partnership's proceeds.

Does Peery Partners invest outside of real estate?

Private credit is a known secondary allocation, typically real estate-secured lending that complements the office's direct property holdings. The office does not publicly disclose venture capital or public equity positions, and its posture appears anchored to asset classes adjacent to the family's operating expertise.

How is the family's philanthropy structured relative to the investment office?

The Peery Foundation operates as a separate entity with its own governance. IRS filings from 2023 show the foundation holds over $170 million in assets, managed independently from the investment portfolio of Peery Partners.

What is Peery Partners' known posture on co-investments?

The office does not publicly solicit co-investors, and its single-family structure suggests investments are made solely for the Peery family balance sheet. No public track record of fee-based capital management for external LPs exists.

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