WHO WE ARE
Neither PE nor traditional family office
The Pritzker Organization (TPO) partners with management teams to build and grow businesses over the long term.
TPO is not a traditional private equity fund, nor a traditional family office. We bring the institutional capabilities of a PE firm with the flexibility of a family office. We are not driven by fund cycles, predefined exit timelines, or short-term optimization. Our approach is flexible by design. We invest across industries, structures, and situations, including control, minority, and partnership-oriented investments. Rather than force a company into a predetermined model, we shape our capital and involvement around the needs of the business, its management team, and its stakeholders.
The benefits we enjoy from our permanent capital base include:
Long hold periods to compound value free of transactional friction costs and to invest for long-term value creation
Agile and flexible processes which allow for speed and certainty for our partners and counterparties
A strong focus with deep expertise on maximizing after-tax returns for our partners and ourselves
TPO’s unique history over the last 70+ years has led to work on ~300+ transactions representing ~$40+ billion of equity value, which has provided us with the experience to navigate nearly every situation.
1902 CAPITAL
TPO’s Permanent Capital Investment Platform
1902 Capital serves as TPO's primary investment vehicle, supporting the stewardship of long-term investment holdings and family business interests. We bring a flexible, permanent capital base that allows us to invest behind opportunity with a patient, long-term mindset; support companies through cycles; and prioritize enduring value alongside exceptional business leaders.
OUR HISTORY
Decades of investing experience
The Pritzker Family traces its roots to Nicholas J. Pritzker, who immigrated to Chicago in 1881. Nicholas established Pritzker & Pritzker as a law firm in 1902. By the 1950’s, Pritzker & Pritzker evolved into a merchant bank for the Family's business holdings. Our business model was to acquire and build companies to create long term value. That continues to be our culture to this day. In the 1990s, the name was changed to The Pritzker Organization (TPO) to reflect its commercial, rather than legal, mission. Through the successive leadership of A.N. Pritzker, followed by Jay, followed by Tom, The Pritzker Organization has used our Family’s capital base to work with partners and Management teams to found, acquire, and build companies. This resulted in a significant and diverse portfolio of businesses which were, for the most part, privately held. TPO is led by Tom Pritzker, who has worked at the firm for more than 40 years.
ABOUT TOM
TPO’s leader for more than 25 years
Tom Pritzker is Jay Pritzker’s successor and has been the leader of TPO for more than 25 years. He served as Executive Chairman of Hyatt Hotels Corporation (NYSE: H) from 2004 to 2026, and began his senior executive and Chairman responsibilities for predecessor entities starting in 1980. Over his career, Tom has been involved in acquiring and building mature companies in a variety of industries. He has also founded significant companies in the fields of container leasing (Triton), life sciences (Bay City Capital), and health care (Reliant Pharmaceuticals and First Health). Outside of business, he is chairman of the board of the Hyatt Foundation, which sponsors the Pritzker Architecture Prize, is chairman of CSIS’s Board of Trustees, is a member of the board of trustees of the University of Chicago, and is a member of the Aspen Strategy Group.
WHAT WE DELIVER
Speed, certainty, patience, and expertise
Speed: Given our flat and small organization, we have the ability to move quickly through complex situations. Certainty: We do what we say we will do. Our desire is to be the best partner we can be, and that starts with providing certainty to our executives. Patience: Our Family’s capital base is permanent and flexible as it is not beholden to any outside investors. We believe that patient and flexible capital provides businesses with the best opportunity to build scale in their industry. Expertise: Through decades of investing we have built expertise in certain areas as well as industry relationships that we consider to be one of our core assets. The expertise and relationships are fundamental to how we think about opportunities in any vertical. Alignment: We are dogmatic about alignment with our partners and management teams. We believe that long-term business building where we are closely aligned with our partners is the best path for success and we have taken that approach for over 70 years.