# Perritt Capital Management

Perritt Capital Management is a Multi Family Office based in Chicago, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Founded:** 1987
- **Assets under management:** 280 (Altss estimate)
- **Website:** perrittcap.com
- **LinkedIn:** https://www.linkedin.com/company/perritt-capital-management

## Regulatory record

- **CRD number:** 111623
- **SEC file number:** 801-30378
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/111623

## About

Perritt Capital Management was founded in 1987 by Dr. Gerald W. Perritt. The founder built the firm on a record of micro-cap research and mutual-fund publishing before his death in 2013. Michael J. Corbett now holds majority ownership through Investment Information Services, Inc. and directs day-to-day investment decisions. The firm allocates across public equities, hedge funds, and secondaries. It also executes distressed and turnaround investments. Confirmed focuses include early-stage venture alongside listed small-cap holdings. Geographic reach centers on North America with additional exposure to sectors such as FinTech, ClimateTech, and Healthcare Services. Portfolio construction mixes direct holdings with fund commitments. The firm maintains one office at 300 South Wacker Drive in Chicago. In late 2025 it reorganized its mutual-fund business under North Star Investment Management Corp. Team size and additional vehicles remain undisclosed. Perritt operates as a registered investment adviser that combines family-office mandates with two proprietary mutual funds. This hybrid structure creates a distinct governance layer between the Corbett-led operating company and the legacy Perritt funds.

## Sectors

- Industrial Tech
- Healthcare Services
- FinTech
- Energy Transition & Renewables
- Media & Entertainment
- ClimateTech
- AgriTech & FoodTech
- Supply Chain & Logistics
- Mobility & Transportation
- Gaming

## People

- Michael J. Corbett — CEO, CIO
- Dr. Gerald W. Perritt — Founder

## Questions

### Who runs investment decisions at Perritt Capital Management?

Michael J. Corbett serves as CEO and CIO and holds majority ownership through Investment Information Services, Inc.

### How is Perritt Capital Management structured relative to its mutual funds?

The firm maintains two proprietary small-company mutual funds while managing separate discretionary portfolios for families and institutions.

### What asset classes receive allocations?

Allocations span public equities, hedge funds, secondaries, and distressed situations with confirmed exposure to early-stage opportunities.

### What recent operational change occurred at the firm?

In late 2025 the mutual-fund business was reorganized under North Star Investment Management Corp.

## Related profiles

- [Meira](https://altss.com/profile/meira)
- [1 North Wealth Services](https://altss.com/profile/1-north-wealth-services)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/perritt-capital-management-inc

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