Pritzker Private Capital Secures .4 Billion for PPC IV Fund

Pritzker Private Capital Closes .4 Billion Fund, Surpassing Expectations

Pritzker Private Capital (PPC), a leading investment firm dedicated to the enhancement of family and founder-owned businesses, has successfully closed its latest fund, PPC IV, with commitments totaling .4 billion. This figure not only surpasses the firm’s initial target of billion but also reflects a significant increase compared to the .7 billion raised for its predecessor fund, PPC III, in 2021.

With over two decades of experience in the private equity sector, PPC has established a robust track record, partnering with a diverse range of companies. The firm has engaged in more than 110 acquisitions across 31 businesses, cumulatively investing over billion since its inception. This extensive portfolio positions PPC as a notable player in the private equity landscape, particularly within the niche of family-owned enterprises.

PPC IV benefits from substantial contributions from both team members and a varied group of investors, which includes family investment firms and institutional investors from North America, Europe, Asia, and Latin America. This diverse backing underscores the firm’s appeal and the trust it has built among its investor base, who are drawn to its focus on long-term value creation. Notably, family investment firms constitute a significant portion of this funding, aligning with PPC’s commitment to nurturing businesses with familial roots.

To date, the fund has made three prominent investments: HeartLand, specializing in landscaping services; Americhem, a producer of custom color and performance additives; and Buckman, which provides specialty solutions for water treatment and industrial processes. These investments reflect PPC’s strategic focus on sectors poised for growth and innovation, underscoring its capacity to enhance operational efficiencies and drive progress within its portfolio companies.

Key figures at PPC have commented on the fund’s successful closing and its implications for the firm’s future trajectory. Michael Nelson, Managing Partner and Head of Investing, emphasized the importance of trust and collaboration with investor partners, citing the firm’s proven history of growth in family-owned enterprises as a foundation for this success. David Gau, President and Head of Operations, noted that PPC’s heritage as a family business serves as a distinct advantage, enabling deeper relationships with client firms that share similar values.

Rebecca Converse, Partner and Head of Strategic Partnerships, expressed appreciation for both returning and new investors, promising adherence to the firm’s core values of honesty, integrity, and loyalty in future endeavors. Tony Pritzker, Co-Founder and CEO, reiterated the importance of building lasting relationships and fostering excellence within the businesses in which PPC invests.

As Pritzker Private Capital continues to expand its influence and capabilities, the closing of PPC IV marks a significant milestone that positions the firm well for further growth and development in the evolving landscape of private equity investment.