# Tulco

Tulco is a Single Family Office based in Pittsburgh, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Pittsburgh, United States
- **Region:** North America
- **Address:** Pittsburgh, PA, United States
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** tulcoholdings.com
- **LinkedIn:** https://www.linkedin.com/company/tulcoholdings/

## Regulatory record

- **Reports private funds:** No

## About

Thomas Tull established Tulco in 2017. The office manages proceeds from the sale of Legendary Entertainment. Tull serves as chairman and chief executive. Tulco executes direct co-investments and private-equity transactions across growth equity and secondaries. Confirmed positions include stakes in Anduril Industries and board service at SandboxAQ. The firm also holds interests in the Pittsburgh Steelers alongside Art Rooney II. Geographic focus remains North America, with activity in insurance, healthcare services, supply-chain logistics, circular-economy businesses and media. Asset classes span InsurTech, Energy Transition & Renewables, and Cybersecurity. The office lists no disclosed headcount or additional offices. Tull sits on the boards of Carnegie Mellon University, the Smithsonian Institution and the National Baseball Hall of Fame. Adjacent vehicles include the Tull Family Foundation and Teton Ridge Ranch Foundation. No operational events from the last 24 months appear in public records. Tulco’s architecture centers on a permanent-capital holding company rather than a traditional fund-of-funds or limited-life vehicle. This structure allows direct operational involvement and data-science deployment without external LP reporting cycles.

## Sectors

- InsurTech
- Energy Transition & Renewables
- Healthcare Services
- Supply Chain & Logistics
- Circular Economy
- Media & Entertainment

## People

- Thomas Tull — Founder, Chairman, and CEO
- Alba Tull — Co-Trustee, Tull Family Foundation

## Questions

### Who runs investment decisions at Tulco?

Thomas Tull serves as founder, chairman and chief executive. Mark Walter acts as co-chairman of TWG Global, the joint venture that now houses Tulco assets.

### How does Tulco source proprietary deal flow?

Tull leverages board seats at Anduril Industries and SandboxAQ plus relationships with Art Rooney II and Jack Hidary. The firm also draws on MIT and Carnegie Mellon networks.

### Is Tulco structured as a single family office or does it operate more like a venture firm?

Tulco operates as a single-family office through a holding-company structure. It deploys permanent capital directly rather than raising external funds.

### Does Tulco participate in fund commitments or only direct deals?

The firm focuses on direct co-investments and SPVs. No external fund commitments are disclosed in available records.

### What investment stages does Tulco typically target?

Tulco targets growth-stage companies. It also executes buyouts, early-stage venture and secondaries when opportunities align with operational capabilities.

### Does Tulco maintain philanthropic structures, and how are they separated?

The Tull Family Foundation and Teton Ridge Ranch Foundation exist alongside the investment office. Alba Tull serves as co-trustee of the family foundation.

## Related profiles

- [Telemos Capital](https://altss.com/profile/telemos-capital-jacobs-family-office)
- [Pleion SA](https://altss.com/profile/pleion-sa)

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Last updated: 2026-08-10T15:54:10.904Z

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