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Sector

Family Offices Investing in Defense

This list covers 22 family offices with a recorded interest in defense. Most are single-family offices, with 19 in that category and three multi-family offices. Defense appears alongside related or broader areas such as technology, infrastructure, artificial intelligence and manufacturing. Real estate and private equity are also common recorded focus areas, so the listed offices may approach defense through varied investment structures. The United States accounts for 18 profiles, with other listed locations including Lithuania, Germany and the United Kingdom. Chicago has the largest city count at four, followed by New York and Los Angeles with three each. Use these profiles as a starting point for research. Confirm whether an office considers your subsector, stage and geography, and whether its investment process accommodates the regulatory, contracting and capital requirements relevant to your business.

At a glance

  • The list includes 19 single-family offices and 3 multi-family offices.
  • Defense is a recorded focus for 6 profiles.
  • Technology is a recorded focus for 6 profiles.
  • Infrastructure is a recorded focus for 6 profiles.
  • The United States accounts for 18 listed offices.

Family office profiles (22)

Public firm-level fields only. Contact details are withheld. Order follows disclosed assets under management where available, then profile depth. It is not a ranking.

United States (18)

Henry Crown and Company

Chicago, IL | Single family office

Henry Crown and Company manages investments across publicly traded securities, real estate, investment funds, and privately held operating companies. Its subsidiary holding company manages wholly owned businesses.

AUM range
$5B-$20B
Check size
Not stated
Asset classes
Public Equities, Real Estate, Funds, Direct Investments, Infrastructure, Private Credit
Wealth source
Crown family
  • Public Securities
  • Real Estate
  • Operating Companies
  • Industrial Manufacturing
  • Transportation
  • Food Processing

The Stephens Group, LLC

Little Rock, AR | Single family office | Founded 1933

The Stephens Group is a single family office that invests the capital of the Stephens and Campbell families. It focuses on long-term ownership of businesses, including industrial products and services and specialty distribution.

AUM range
$1B-$5B
Check size
Not stated
Asset classes
Private Equity, Direct Investments
Wealth source
Stephens and Campbell families; energy and financial businesses
  • Industrial Products
  • Services
  • Specialty Distribution
  • Commercial Products
  • Vertical Software
  • Engineered Components

Silver Rock Capital Partners, LP

New York, NY | Single family office

Silver Rock Capital Partners is an alternative credit asset manager and family office firm originating from the Milken family office.

AUM range
$1B-$5B
Check size
Not stated
Asset classes
Private Credit
Wealth source
Milken family
  • Aerospace
  • Defense
  • Automotive
  • Consumer
  • Retail
  • Industrials

Firmender Capital

Boca Raton, FL | Single family office | Founded 2021

Firmender Capital invests family capital across public markets, private innovation, and real assets. It also supports selected companies with venture building, commercialization, partnerships, and international expansion.

AUM range
Under $50M
Check size
Not stated
Asset classes
Public Equities, Venture Capital, Real Estate, Infrastructure, Direct Investments
Wealth source
Firmender family
  • Public Markets
  • Private Innovation
  • Real Assets
  • Venture Building
  • Infrastructure
  • Climate Technology

Salem Partners Wealth Management LLC

Los Angeles, CA | Multi-family office | Founded 1997

Salem Partners provides customized investment solutions in a multi-family office environment. Its stated areas include media and entertainment, healthcare, life sciences, technology, real estate, and aerospace and defense transactions.

AUM range
$250M-$1B
Check size
Not stated
Asset classes
Real Estate, Private Equity, Venture Capital
  • Media and Entertainment
  • Healthcare
  • Life Sciences
  • Technology
  • Real Estate
  • Aerospace and Defense

D'Orazio Capital, LLC

Chicago, IL | Single family office | Founded 2010

D'Orazio Capital is a single-family office that acquires, manages, and supports the growth of companies, primarily in the industrial sector. Its stated areas include aerospace and defense, automotive components, building products, chemicals, construction materials, energy equipment, industrial services, and machinery.

AUM range
$50M-$250M
Check size
Not stated
Asset classes
Direct Investments
Wealth source
Not stated
  • Industrial Sector
  • Aerospace and Defense
  • Automobiles and Components
  • Building Products
  • Chemicals and Coatings
  • Machinery

Ramex, Inc.

Houston, TX | Single family office | Founded 1987

Ramex is a family office based in Houston, Texas. It invests up to $10 million per transaction and may partner with other investors on larger transactions.

AUM range
$50M-$250M
Check size
Up to $10 million
Asset classes
Real Estate, Infrastructure
Wealth source
Not stated
  • Aerospace and Defense
  • Chemicals
  • Energy
  • Real Estate
  • Telecom Infrastructure
  • Transportation

Bawden Capital

New York, NY | Single family office | Founded 2000

Bawden Capital is a single-family office rooted in the Bawden family’s work in finance and industry. It invests and partners in early-stage and strategic situations across energy, mining, defense technology, and information technology, and provides business and financing support in those sectors.

AUM range
Not stated
Check size
Not stated
Asset classes
Venture Capital, Private Equity, Direct Investments
Wealth source
Bawden family; finance, oil and gas, aviation, mining, and insurance businesses
  • Early-Stage Companies
  • Energy
  • Clean Technology
  • Gold Mining
  • Defense Technology
  • Information Technology

The Pritzker Organization, LLC

Chicago, IL | Single family office | Founded 1902

The Pritzker Organization manages the business interests of the Pritzker family and partners with businesses across industries. Its investments include control and non-control positions in industrials, technology, infrastructure, healthcare, and logistics.

AUM range
Not stated
Check size
Not stated
Asset classes
Private Equity, Infrastructure, Direct Investments
Wealth source
Pritzker family
  • Industrials
  • Business Services
  • Technology
  • Infrastructure
  • Healthcare
  • Logistics

Fulton Asset Management LLC

Chicago, IL | Single family office | Founded 1962

Fulton Asset Management is a single-family office and investment vehicle focused on strategic acquisitions and partnerships in the U.S. industrial sector. Its stated areas include aerospace, manufacturing, infrastructure, and defense.

AUM range
Not stated
Check size
Not stated
Asset classes
Infrastructure, Real Estate, Direct Investments
Wealth source
Not stated
  • Industrials
  • Aerospace
  • Manufacturing
  • Infrastructure
  • Defense
  • Real Estate

R+ VC

Redwood City, CA | Multi-family office | Founded 2023

R+ VC is a multi-family office investing in early growth stage companies in deep tech and dual-use fields, primarily in Europe and the United States. Its areas of interest include automation, cybersecurity, supply chain, industrial software, and land and border protection.

AUM range
Not stated
Check size
€1M to €3M
Asset classes
Venture Capital
  • Deep Tech
  • Dual-Use
  • Automation
  • Cybersecurity
  • Supply Chain
  • Industrial Software

Thiel Capital LLC

West Hollywood, CA | Single family office | Founded 2018

Thiel Capital provides strategic and operational support for a family office's investment initiatives and entrepreneurial activities. Its stated interests include technology, biotechnology, healthcare, aerospace and defense, public equities, and digital assets.

AUM range
Not stated
Check size
Not stated
Asset classes
Venture Capital, Public Equities, Digital Assets, Private Equity
Wealth source
Not stated
  • Venture Capital
  • Technology
  • Artificial Intelligence
  • Defense and National Security Technology
  • Biotechnology
  • Healthcare

Scorpion Capital Management

Atlanta, GA | Single family office | Founded 2015

Scorpion Capital Management is a single-family office and investment bank that provides buy-side and sell-side advisory services. Its stated areas include internet of things, defense, software and fundraising.

AUM range
Not stated
Check size
Not stated
Asset classes
Not stated
Wealth source
Not stated
  • Internet Of Things
  • Defense
  • SaaS
  • Software
  • M&A
  • Fundraising

Admiralty Partners Inc.

Los Angeles, CA | Single family office | Founded 1992

Admiralty Partners is a private family office investment firm focused on the global aerospace, defense, and federal information technology industries. It provides capital and strategic guidance to portfolio companies.

AUM range
Not stated
Check size
Not stated
Asset classes
Direct Investments
Wealth source
Not stated
  • Aerospace
  • Defense
  • Federal Information Technology

West Nonpublic Holdings

Carlsbad, CA | Single family office | Founded 2015

West Nonpublic Holdings makes direct investments in private companies on behalf of the West family. It seeks equity stakes in businesses across several sectors, with a long-term investment horizon.

AUM range
Not stated
Check size
Not stated
Asset classes
Private Equity, Real Estate, Infrastructure, Direct Investments
Wealth source
West family
  • Private Equity
  • Real Estate
  • Manufactured Housing
  • Gaming
  • Business Services
  • Technology

Beechwood Ventures, LLC

New York, NY | Single family office | Founded 2003

Beechwood Ventures is a single-family office focused on investments in high-technology and life sciences sectors.

AUM range
Not stated
Check size
Not stated
Asset classes
Venture Capital, Private Equity
Wealth source
Not stated
  • High Technology
  • Life Sciences
  • Cybersecurity
  • FinTech
  • Energy
  • Healthcare

LIG Capital US

Los Angeles, CA | Single family office

LIG Capital US is a single family office investing in liquid strategies, deep technology venture capital, and mid-market buyouts. Its areas of interest include climate technology, semiconductors, biotechnology, defence, and other emerging technologies.

AUM range
Not stated
Check size
Not stated
Asset classes
Hedge Funds, Private Credit, Venture Capital, Private Equity, Digital Assets, Funds
Wealth source
Not stated
  • Deep Technology
  • Climate Technology
  • Semiconductors
  • Biotechnology
  • Defence
  • Novel Technologies

Third Lake Capital, LLC

Tampa, FL | Single family office | Founded 2013

Third Lake Capital manages capital for a family whose wealth comes from ownership of a privately held company. Its investment activities include private equity, direct real estate, and selected investments with third-party private equity, private debt, and hedge fund managers.

AUM range
Not stated
Check size
Not stated
Asset classes
Private Equity, Real Estate, Private Credit, Hedge Funds, Direct Investments, Funds
Wealth source
Proceeds from a privately held company
  • Private Equity
  • Real Estate
  • Private Credit
  • Hedge Funds
  • Industrial
  • Healthcare

Lithuania (1)

INVL Family Office

Vilniaus m. sav., Lithuania | Multi-family office | Founded 2015

INVL Family Office provides family office services alongside asset management across private equity, land, renewable energy, real estate, private debt and global funds. The group traces its origins to families pooling expertise to manage assets.

AUM range
$250M-$1B
Check size
Not stated
Asset classes
Private Equity, Real Estate, Infrastructure, Private Credit, Funds
  • Pension Funds
  • Mutual Funds
  • Private Equity
  • Real Estate
  • Infrastructure
  • Renewable Energy

Germany (1)

Sterling Concorde

Lueneburg, Germany | Single family office

Sterling Concorde is a single family office focused on direct investments and company building in technology. It co-founds, builds, and invests in companies across deep technology domains.

AUM range
Not stated
Check size
Not stated
Asset classes
Direct Investments, Venture Capital
Wealth source
Not stated
  • Space and Defense
  • Technology
  • Electric Aviation
  • Energy Transition
  • Deep Technology Software

United Kingdom (1)

Miloro Capital

London, United Kingdom | Single family office | Founded 2025

Miloro Capital is a single-family office that invests in direct real estate, early-stage and growth opportunities, and commercial ventures. Its stated technology interests include software, artificial intelligence, blockchain, property technology, sports technology, and defense technology.

AUM range
Not stated
Check size
Not stated
Asset classes
Real Estate, Venture Capital, Private Equity, Direct Investments
Wealth source
Not stated
  • Real Estate
  • Commercial Ventures
  • Software
  • Artificial Intelligence
  • Blockchain
  • Sports Technology

India (1)

Adani Family Office

Gujarat, India | Single family office | Founded 2020

Adani Family Office is a single-family office associated with the Adani Group, whose businesses span infrastructure, energy, transport and logistics, airports, real estate, and other sectors. Its stated areas also include private equity, venture capital, and hedge funds.

AUM range
Not stated
Check size
Not stated
Asset classes
Private Equity, Venture Capital, Hedge Funds, Real Estate, Infrastructure, Direct Investments
Wealth source
Adani family; infrastructure and diversified businesses
  • Energy
  • Transport and Logistics
  • Infrastructure
  • Real Estate
  • Private Equity
  • Venture Capital

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Questions about this list

Does a defense focus confirm willingness to invest in my company?

No. The profiles indicate a recorded area of interest, not a current fundraising mandate or fit with a particular company. Stage, jurisdiction, customer base, contracting model and regulatory considerations can all affect suitability. Confirm the office’s criteria before sharing sensitive information.

How should I approach these family offices?

Explain the capability and customer problem in plain terms, then give the company stage, contract status, capital need and intended use of funds. Clarify any regulatory or export control considerations relevant to the opportunity. A concise note tailored to the office’s stated interests is a better starting point than a broad pitch.

What does the location data show?

The United States accounts for 18 profiles. Chicago has four listed offices, while New York and Los Angeles have three each. Other country counts include one each in Lithuania, Germany and the United Kingdom. These locations describe office profiles and do not define where they can invest.

What does the full list add?

The full list adds contact data, decision makers and check size fields. This information can help founders and advisers identify a relevant point of contact and assess potential fit before outreach. It is a research aid and does not promise introductions, investment consideration or funding.

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