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PRASSAS CAPITAL, LLC
Prassas Capital is a boutique advisory firm providing strategic and financial advice for project financing, corporate and not-for-profit companies.
Overview
Prassas Capital is a boutique advisory firm providing strategic and financial advice for project financing, corporate and not-for-profit companies. It is a Registered Investment Advisor that manages taxable and non-taxable equity and fixed income portfolios for individuals, corporations, endowments and foundations on a discretionary, fee-only basis. The firm focuses on capital and debt raising from $10 million to $100 million for solid waste, waste-to-energy, recycling, wind and other renewable energy projects, and offers advisory and restructuring services.
General information
Firm type
RIA
Year founded
2000
Location
Region
North America
Country
United States
City
Draper
Corporate office
Chicago, IL, United States
Principals
Bill Prassas
President
Sector focus
Frequently asked questions
What is Prassas Capital's investment strategy?
The firm focuses on acquiring and developing industrial outdoor storage (IOS) facilities, truck terminals, and logistics properties, primarily in the Chicago area and broader Midwest. Prassas Capital pursues a permanent-hold strategy, rarely divesting assets and prioritizing long-term cash flow over development-for-sale gains. The strategy targets supply-constrained infill locations with high barriers to entry for new development.
Does Prassas Capital accept outside capital or operate fund vehicles?
No. Prassas Capital deploys exclusively family capital on a deal-by-deal basis and does not manage commingled funds or accept external limited partners. This structure distinguishes it from institutional fund managers operating in the same industrial real estate space.
How does Prassas Capital source its deals?
The firm leverages three generations of Chicago real estate operating experience to source off-market and lightly marketed transactions. Its in-house property management arm, Prassas Management Company, also generates situational acquisition opportunities through tenant and broker relationships across the industrial property sector.
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