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Pennington Partners & Co
Pennington Partners & Co was established in 2016 by Brian Gaister and Rodd Macklin. The two entrepreneurial families behind the firm built their capital...
Pennington Partners & Co
Pennington Partners & Co was established in 2016 by Brian Gaister and Rodd Macklin. The two entrepreneurial families behind the firm built their capital through exits of privately held companies and real estate holdings. The firm allocates across buyouts, early-stage and growth equity, private credit, real estate, and fund-of-funds vehicles. It executes direct co-investments and SPVs alongside fund commitments. Confirmed holdings include Soleste Grand Central in Miami, 2000 Biscayne Boulevard, Edge Collective in St. Petersburg, Watermark in Washington DC, and Viridium in Virginia. The office also holds positions in iShares Bitcoin Trust and iShares Ethereum Trust. Geographic reach spans North America, Europe, Asia, and the Middle East & Central Asia. AUM figures are not publicly disclosed. The firm maintains no additional offices beyond its Bethesda headquarters. Brian Gaister serves on the investment committee of the Bender JCC of Greater Washington and holds membership in YPO and the Jewish Federation National Young Leadership Cabinet. No operational events from the last 24 months appear in available records. Pennington Partners & Co operates through a joint-venture structure with partners such as The Estate Companies and Kushner Companies on specific real-estate projects. This model allows the office to participate directly in development while preserving separation between advisory mandates and proprietary capital deployment.
General information
Firm type
Multi Family Office
Year founded
2016
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Bethesda
Corporate office
Bethesda, MD, United States
Principals
Brian Gaister
Co-founder and CEO
Rodd Macklin
Co-founder and Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at Pennington Partners & Co?
Brian Gaister serves as co-founder and CEO. Rodd Macklin serves as co-founder and managing director. Both maintain oversight of investment strategy and client mandates.
Does Pennington Partners & Co participate in fund commitments or only direct deals?
The firm uses both approaches. It commits to funds and executes direct co-investments and SPVs in parallel.
What investment stages does Pennington Partners & Co typically target?
The office targets buyouts, early-stage, and growth opportunities across its listed strategies.
Where does the underlying wealth come from?
Wealth originates from exits of privately held companies and real estate ventures by the founding families.
How is Pennington Partners & Co related to its real estate partners?
The firm maintains joint-venture relationships with The Estate Companies and Kushner Companies on projects including 2000 Biscayne Boulevard.
Does Pennington Partners & Co maintain philanthropic structures?
Brian Gaister serves on the investment committee of the Bender JCC of Greater Washington and participates in the Jewish Federation National Young Leadership Cabinet.
What sectors does Pennington Partners & Co focus on?
Confirmed focuses include PropTech, cybersecurity, enterprise software, and ESG-related investments.
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.
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