Single Family Office

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Point C

Point C was formed in 2006, six years after Michael Krasny stepped down as CEO of CDW Corporation, the technology products and services company he founded...

Point C

Point C was formed in 2006, six years after Michael Krasny stepped down as CEO of CDW Corporation, the technology products and services company he founded in 1984. Krasny took CDW from a classified ad in the Chicago Tribune to a publicly traded Fortune 500 enterprise, generating the liquidity that funds the family office. Point C operates privately from Chicago, with no external fundraising and no public AUM disclosure. The office deploys capital across a deliberately broad mandate: venture capital fund commitments, growth equity partnerships, and occasional direct co-investments in private technology companies. Krasny has backed funds managed by Chicago-based firms including Valor Equity Partners and has participated in direct rounds for companies such as messaging platform Slack prior to its public listing. The strategy is geographically concentrated in North America, with a Midwest bias, but includes exposure to coastal technology hubs through fund commitments. The firm does not seek control positions. Point C maintains a lean operating structure typical of a non-institutional family office, with Krasny as the primary investment decision-maker and a small support team in Chicago. The office has been a limited partner in venture funds raised by firms that later became multibillion-dollar platforms. In recent years, Point C has continued making new fund commitments and direct technology investments, though specific deployment figures remain private. The Krasny family also maintains philanthropic interests, including significant gifts to the University of Illinois and the establishment of the Krasny Family Foundation, which operates independently of the investment office. Point C is structurally distinct because it functions as a pure proprietary capital vehicle with no external reporting requirements, allowing it to write smaller checks into emerging venture funds that larger institutions often overlook and to hold positions indefinitely without LP pressure. This permanent-capital posture gives general partners a long-term anchor investor while granting the Krasny family access to early-stage deal flow that is typically reserved for specialized endowments and foundations.

General information

Firm type

Single Family Office

Year founded

2006

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Principals

Michael Krasny

Founder

Sector focus

Enterprise SoftwareAI/MLDigital HealthFinTechClimateTech

Frequently asked questions

Who runs investment decisions at Point C?

Michael Krasny, the founder of CDW Corporation, serves as the principal investment decision-maker at Point C. He built the family office to manage the wealth generated by CDW's growth from a small startup to a Fortune 500 public company. The Chicago-based office operates with a small internal team and does not employ a CIO structure.

How did the underlying wealth originate?

Michael Krasny founded CDW Corporation in 1984, initially operating out of his kitchen before building it into one of the largest direct marketers of technology products and services in the United States. CDW went public in 1993 and joined the Fortune 500 in 2001. Krasny served as CEO until 2000 and sold his remaining stake over time, generating the capital base that funds Point C.

Does Point C participate in direct deals, or only fund commitments?

Point C primarily invests as a limited partner in venture capital and growth equity funds, but the firm also selectively participates in direct co-investments alongside trusted managers. Krasny has backed technology companies directly, including Slack during its private growth stage. The direct portfolio is opportunistic rather than programmatic, with no dedicated direct-investment team.

What geography and sectors does Point C focus on?

Point C concentrates on North American technology companies and fund managers, with a bias toward Chicago and the Midwest. Sector exposure spans enterprise software, fintech, digital health, AI and machine learning, and climate technology, reflecting the mandates of the venture funds in which the office invests.

Does Point C ever accept outside capital or operate as a multi-family office?

No. Point C is structured as a single-family office managing proprietary capital exclusively for the Krasny family. It does not accept external investors, does not operate as a registered investment adviser, and has no plans to convert to a multi-family office or institutional fund manager.

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