# Plough Penny Partners

Plough Penny Partners is a Single Family Office based in New York, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** 270 Lafayette Street, Ste. 1301, NY, NY 10012
- **Founded:** 1985
- **Assets under management:** Undisclosed
- **Website:** ploughpenny.com
- **LinkedIn:** https://www.linkedin.com/company/plough-penny-partners/

## Regulatory record

- **Reports private funds:** No

## About

Plough Penny Partners was founded in 1985. Ross E. Traphagen Jr. created the underlying wealth through his Goldman Sachs investment-banking partnership followed by private investing. The firm allocates across public equities, private companies, and real estate. It executes buyout transactions in private equity. Confirmed sector focuses include Healthcare Services, Industrial Tech, and Supply Chain & Logistics. All activity remains within North America. No AUM figure is published. The firm lists a single New York address and maintains no disclosed additional offices or adjacent vehicles. No operational events from the last 24 months appear in available records. The structure centers on a single family office that originated from one principal’s banking and investing career rather than an operating business or multi-generational enterprise.

## Sectors

- Healthcare Services
- Industrial Tech
- Supply Chain & Logistics

## Questions

### Who runs investment decisions at Plough Penny Partners?

Investment decisions rest with the family office led by principals tied to Ross E. Traphagen Jr.

### Does Plough Penny Partners participate in fund commitments or only direct deals?

The firm executes buyout transactions in private equity.

### What investment stages does Plough Penny Partners typically target?

The firm targets buyout opportunities.

### Which sectors does Plough Penny Partners explicitly avoid?

The firm does not focus on Distressed & Turnaround, Luxury, or PropTech.

## Related profiles

- [P.J. Weil](https://altss.com/profile/p-j-weil)
- [PlumTree Partners](https://altss.com/profile/plumtree-partners)

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Last updated: 2026-08-10T15:54:10.904Z

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