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Prairie Management Group
Gordon and Carole Segal founded Prairie Management Group in 1962. The firm manages capital generated by the sale of Crate & Barrel to Otto Group in 2008.
Prairie Management Group
Gordon and Carole Segal founded Prairie Management Group in 1962. The firm manages capital generated by the sale of Crate & Barrel to Otto Group in 2008. The office allocates across private equity, real estate, hedge funds, venture capital and commodities. It executes direct co-investments and SPVs. Geographic exposure centers on North America with holdings that include medical office buildings in Houston and industrial parks in Raleigh. Matt Frekko oversees day-to-day operations. Harvey Silverstone acts as Chief Investment Officer. The team maintains relationships with Northwestern University and the Art Institute of Chicago through board service by Gordon Segal. The structure remains a dedicated single-family office without external capital or third-party fund vehicles.
General information
Firm type
Single Family Office
Year founded
1962
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Northbrook
Corporate office
Northbrook, IL, United States
Principals
Gordon Segal
Founder
Carole Segal
Founder
Matt Frekko
President
Harvey Silverstone
Chief Investment Officer
Michael Smoler
Director of Investments
Brett Snidtker
Director of Public Investments
Christopher Segal
Principal
Sector focus
Frequently asked questions
Who runs investment decisions at Prairie Management Group?
Matt Frekko serves as President. Harvey Silverstone holds the Chief Investment Officer title. Michael Smoler directs investments.
Where does the underlying wealth come from?
The capital originates from Gordon and Carole Segal, co-founders of Crate & Barrel.
Does Prairie Management Group participate in fund commitments or only direct deals?
The firm executes both fund commitments and direct co-investments or SPVs.
What asset classes does Prairie Management Group target?
Allocations include private equity, real estate, hedge funds, venture capital and commodities.
How is Prairie Management Group related to the Segal Family Foundation?
The office oversees philanthropic initiatives of the Segal Family Foundation and Segal Family Foundation II.
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