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P.W.B.

P.W.B., INC. is a state-registered investment adviser with approximately $4 million in regulatory assets under management. The firm advises clients on...

P.W.B.

P.W.B., INC. is a state-registered investment adviser with approximately $4 million in regulatory assets under management. The firm advises clients on investment matters. It is subject to SEC oversight.

General information

Firm type

RIA

Year founded

1992

Location

Region

North America

Country

United States

City

Minneapolis

Corporate office

Minneapolis, MN, United States

Principals

Whitney MacMillan

Former Chairman & CEO, Cargill; principal, P.W.B.

W. Duncan MacMillan

Director, Cargill; principal, P.W.B.

Sector focus

Private CreditReal EstateHedge FundsPrivate EquityVenture Capital

Frequently asked questions

Does P.W.B. invest in direct deals or only through third-party funds?

P.W.B. employs both strategies. It makes direct investments in private credit and real estate, while also committing capital as a limited partner to external private equity, venture capital, and hedge fund managers. This hybrid approach allows the office to blend co-investment economics with diversified access to top-tier GPs.

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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