Thirteen years ago
Peninsula Capital Partners started out with four people and $50 million to invest. Today the downtown-based company employs 12 people and controls just under $1 billion in assets.
The firm is continuing that growth. It has added one person to its payroll in the last year and expects to grow more within the next few years by putting together another investment fund. That fund is expected to be worth $400 million when it launches sometime next year.
Scott Reilly, president of Peninsula Capital Partners, calls the investment company a generalist firm, meaning it doesn't focus on one industry.
Some of its biggest investors are state and corporate pension funds, insurance companies, banks, funds-of-funds and wealth management firms. The company has three investment partnerships and is working on a fourth called Peninsula Fund IV.
Source: Scott Reilly, president of Peninsula Capital Partners
Writer: Jon Zemke
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