Pritzker Family Launches $190 Million Venture Fund to Back Startups
Nov. 22, 2023 6:00 am ET|WSJ ProThe Pritzker Organization, the family office for Thomas Pritzker who is the executive chairman of Hyatt Hotels, has started a venture division to invest in early-stage companies with a $190 million fund.The venture arm, called 53 Stations, will target startups that could have strategic significance to more mature companies that TPO has majority control of, said Kevin King, a founder and managing partner of the new venture wing.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Exclusive venture capital news and commentary.Stay on top of deals, funds, people and the broader influences on the market.
