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Penrose
Billy Rosenthal established Penrose in 1998 after building Standard Meat Company. The firm manages family capital that originated in meat processing and now...
Penrose
Billy Rosenthal established Penrose in 1998 after building Standard Meat Company. The firm manages family capital that originated in meat processing and now spans multiple generations. Ben Rosenthal serves as managing partner while also leading Standard Meat Company as CEO. Penrose deploys across private equity, real estate, venture capital, hedge funds and infrastructure. It executes direct co-investments and fund commitments. Confirmed positions include holdings tied to food production facilities in Texas and technology platforms in North America and Europe. The office maintains exposure in Asia and the Caribbean through fund relationships. The team includes Steve Hudgins as chief investment officer. Penrose operates from its Fort Worth headquarters in the former Swift & Co. Building. Ben Rosenthal holds leadership roles in YPO Fort Worth and the Fort Worth Stock Show Syndicate. No material operational changes occurred in the last 24 months. Penrose integrates oversight of Standard Meat Company plants with external capital allocation. This structure creates direct access to industrial and agricultural operating data that informs investment decisions across the portfolio.
General information
Firm type
Single Family Office
Year founded
1998
Location
Region
North America
Country
United States
City
Fort Worth
Corporate office
Fort Worth, TX, United States
Principals
Billy Rosenthal
Founder and Chairman
Ben Rosenthal
Managing Partner
Ashli Rosenthal Blumenfeld
Co-President of Standard Meat Company
Steve Hudgins
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Penrose?
Billy Rosenthal serves as founder and chairman. Ben Rosenthal acts as managing partner. Steve Hudgins holds the chief investment officer role.
Where does the underlying wealth come from?
The capital originated from Standard Meat Company, a meat-processing business founded by Billy Rosenthal.
Does Penrose participate in fund commitments or only direct deals?
Penrose executes both direct co-investments and commitments to external funds.
What investment stages does Penrose typically target?
The office targets buyout, middle-market, early-stage and venture capital opportunities.
Which sectors does Penrose focus on?
Penrose allocates to AgriTech & FoodTech, PropTech, Digital Health, Media & Entertainment, Real Estate and Energy Transition & Renewables.
How is Penrose related to Standard Meat Company?
Penrose oversees family capital while family members hold operating roles at Standard Meat Company plants in Fort Worth, Saginaw, Dallas and Ponder.
Does Penrose maintain philanthropic structures?
The firm supports the Penrose Foundation and the Rozanne and Billy Rosenthal Department of Management.
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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