Single Family Office

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PSP Partners

Penny Pritzker established PSP Partners in 2011 after serving as U.S. Secretary of Commerce. The office manages capital originating from the Pritzker family’s...

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PSP Partners

Penny Pritzker established PSP Partners in 2011 after serving as U.S. Secretary of Commerce. The office manages capital originating from the Pritzker family’s Hyatt Hotels and Marmon holdings. It operates with three internal teams handling buyouts, growth equity, and real estate. The firm commits to buyouts and recapitalizations of market-leading companies in advanced industrials and business services. It also backs early-stage B2B software companies and holds a real estate portfolio exceeding $2 billion in multifamily and industrial assets. Confirmed positions include StormTrap, acquired from Warren Equity Partners in April 2022, and E.B. Bradley Co. Investments span North America with additional exposure in Europe and Asia. Structures include direct co-investments, fund commitments, and SPVs. PSP Partners employs long-tenured investment professionals across its Chicago headquarters. The firm maintains board and advisory roles for Penny Pritzker at Harvard Corporation, Stanford University, and the Council on Foreign Relations. No new operational events have been recorded in the last 24 months. Adjacent vehicles include the Pritzker Traubert Foundation. The office’s structure separates direct operating-company investments from real-asset management under Pritzker Realty Group. This separation allows distinct teams to pursue buyouts, venture, and property development while sharing family-level relationships and permanent capital.

General information

Firm type

Single Family Office

Year founded

2011

AUM

2 (Altss estimate)

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Principals

Penny Pritzker

Founder and Chairman

Sector focus

Real EstatePrivate EquityVenture CapitalAdvanced Industrials

Frequently asked questions

Who runs investment decisions at PSP Partners?

Penny Pritzker serves as Founder and Chairman. Dedicated teams manage buyouts under PSP Capital, venture under PSP Growth, and real estate under Pritzker Realty Group.

Does PSP Partners participate in fund commitments or only direct deals?

The firm makes both direct investments in operating companies and real assets and selected commitments to funds and partnerships that complement its holdings.

What investment stages does PSP Partners typically target?

Stages include buyouts and recapitalizations of established businesses, early-stage and growth equity in B2B software, and long-term real estate development and acquisition.

Where does the underlying wealth come from?

Wealth originates from Penny Pritzker’s share of the Pritzker family fortune derived from Hyatt Hotels and the Marmon industrial group.

How is PSP Partners related to other Pritzker family vehicles?

It operates separately from Pritzker Group and Pritzker Private Capital founded by Penny Pritzker’s brothers. Philanthropic activity flows through the Pritzker Traubert Foundation.

What is PSP Partners’ known posture on co-investments alongside external GPs?

The firm pursues direct co-investments and joint ventures, particularly in real estate and operating companies, while also committing to external funds for diversification.

Which sectors does PSP Partners explicitly focus on?

Focus areas include advanced industrials, business and technology services, B2B software, and U.S. multifamily and industrial real estate.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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