Single Family OfficeRIA · CRD 318780SEC-RegisteredPrivate Fund Adviser

Updated:

Sator Grove Holdings

Greg Dugard's Sator Grove Holdings operates as a permanent capital investor with a three-person team across four US offices.

Sator Grove Holdings

Sator Grove Holdings was founded by Greg Dugard alongside co-founders Rick Buhrman and Paul Buser. The firm’s website describes an investment philosophy centered on permanence and alignment with operating partners. Wealth origin is not publicly disclosed. The firm operates as a permanent capital vehicle, eschewing traditional fund structures. Its website states a focus on helping world-class people build a world-class business and aligning as owners for as long as possible. Publicly disclosed portfolio holdings, co-investors, or asset-class allocations are not available. Geographic presence includes offices in Norwalk, Houston, Greenwich, and South Bend, though investment footprint is not specified. The day-to-day team consists of three experienced professionals, per the firm's website: Greg Dugard, Rick Buhrman, and Paul Buser. The firm does not publicly disclose total assets under management, total deployment, or any adjacent vehicles such as philanthropic foundations or operating companies. Recent operational events within the last 24 months are not publicly documented. Sator Grove's structural differentiator lies in its explicit rejection of finite fund lives in favor of permanent, indefinite holding periods — an architecture designed to remove exit-timing pressure from partnership decisions. Governance and succession structures are not publicly detailed.

General information

Firm type

Single Family Office

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Norwalk

Corporate office

Norwalk, CT, United States

Additional offices

Houston, TX · Greenwich, CT · South Bend, IN

Principals

Greg Dugard

Founder

Rick Buhrman

Co-Founder

Paul Buser

Co-Founder

Frequently asked questions

Who runs investment decisions at Sator Grove Holdings?

According to the firm’s website, the day-to-day investment team is composed of three experienced professionals: Greg Dugard (Founder), Rick Buhrman (Co-Founder), and Paul Buser (Co-Founder). The specific decision-making process or investment committee structure among these three is not publicly detailed.

Is Sator Grove structured as a single family office or does it operate more like a traditional investment firm?

Sator Grove’s website presents it as a permanent capital investor, which aligns with the single-family-office model of investing proprietary capital without external fundraising constraints. It does not market itself as a multi-family office or a fund manager seeking outside capital, although its explicit structure is not defined beyond its permanent capital philosophy.

What does 'permanent capital' mean at Sator Grove?

The firm states its goal is to align with world-class business builders 'as owners for as long as possible.' This implies a strategy free from the fixed liquidation timelines of traditional private equity funds. It means Sator Grove is not compelled to sell a business within a 5–10 year window and can hold assets indefinitely.

Does Sator Grove participate in fund commitments or only direct deals?

The publicly available information does not specify whether the firm makes fund commitments. Its language about aligning with businesses as owners suggests a focus on direct equity positions. No information is available regarding allocations to external funds as a limited partner.

Where is the underlying wealth from?

The source of wealth for Sator Grove Holdings is not publicly disclosed. Neither the firm's website nor available public records detail the origin of its capital base.

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