Real Estate
Urban development and repositioning. We seek well-located buildings where thoughtful design, careful execution and attentive management create value that lasts.
A private family office
Patient capital.
Enduring ownership.
State Partners invests in real assets and private enterprises, bringing an owner’s perspective to each investment.
Our philosophy
Philosophy
A long view,
shared purpose.
State Partners is a private family office. We invest as owners do: deliberately, directly and with a clear understanding of the work each investment requires.
Alignment begins with shared objectives and clear expectations, reflected in the terms of each partnership and the commitments we keep.
Stewardship means caring for what we hold—buildings, businesses and relationships—with the next generation in mind. We work to improve each through informed decisions, consistent attention and capable operating partners.
Our approach
Capital with an owner’s hand.
Investment judgment, joined to the practical demands of ownership.
Direct ownership
We invest directly and remain close to what we own, drawing on the knowledge of those responsible for each asset's performance.
An operator's perspective
We look beyond financial models to the people, processes and daily decisions that shape performance.
Considered structure
We shape each investment around its particular circumstances, with clear responsibilities and terms that support the work ahead.
A long horizon
We give sound plans time to mature, and we do not treat an exit date as the objective.
Areas of focus
Real assets and operating enterprises.
We concentrate where experience gives us perspective, and we hold each area to the same standard of care.
Equipment Leasing
Construction equipment, fleet vehicles and aviation assets, leased to operators through our affiliated platform, State Leasing.
Operating Businesses
Partnerships with established companies and their leadership. We work alongside capable operators through growth, ownership transitions and the everyday work of running a business.
Aviation
Ownership and management of aircraft and related aviation assets, with the oversight and discipline that ownership requires.
Hospitality
Restaurants, hotels, resorts, yachts and luxury travel. We back operators who bring thoughtful service and close attention to the details that shape a guest's experience.
Private Investments & Technology
Selective investments in private companies and emerging technology, where we can be an informed, constructive partner to the people building them.
Rooted in Chicago
Built on Midwestern ground.
Chicago is our home. Its traditions of industry, architecture and enterprise shape how we work: practical judgment, straightforward dealings and respect for the people who build and operate the assets we own.
Partnerships
Relationships built across borders.
Our relationships reach well beyond Chicago. Across North America, Europe and Asia, we work with a trusted network of operators, builders, partners and advisors, and we make that network available to the businesses we own.
The network
Operators
Experienced executives who bring practical insight across the industries in which we invest.
Developers & Trades
Builders, architects and craftspeople we rely on to deliver real assets with care.
Partners
Like-minded families, companies and individuals with whom we build lasting relationships.
Advisors
Trusted legal, financial and industry advisors in the markets where we work.
Relationships come first
The strongest partnerships rest on trust earned over time.
Alignment
We work with partners whose objectives and standards match our own.
A network that works
When a business we own needs expertise, talent or a candid second opinion, we make the introduction.
Interested in working with us?
We welcome conversations with operators, partners and advisors around the world who share our approach.
State Partners works with a select group of partners.We welcome considered introductions.
Contact us
contact@statepartners.com