In recognition of this commitment, the initiative’s faculty directorship will be known as the Anthony Pritzker Family Foundation - Family Office Initiative Director.

The University of Chicago Booth School of Business has received a $5 million gift from the Anthony Pritzker Family Foundation in support of the school’s Family Office Initiative (FOI). In recognition of this commitment, the FOI faculty director will be named the Anthony Pritzker Family Foundation - Family Office Initiative Director. The foundation has also made a philanthropic commitment to the UChicago Private Markets Program (PMP) in the College. Tony Pritzker, who established the foundation, received his MBA in finance in 1987 from Chicago Booth.

“The Anthony Pritzker Family Foundation’s generosity will help the Family Office Initiative jump-start its mission to educate, connect, and support family office leaders globally. Support from alumni helps Booth maintain its position at the leading edge of business education and scholarship,” said Madhav Rajan, dean and George Pratt Shultz Professor of Accounting.

Launched in October 2024, Chicago Booth’s Family Office Initiative advances the education, research, and networking needs of current and future family office leaders around the world. Booth is one of the first major academic institutions in the country to implement a comprehensive program focused on supporting family office leaders, making the school a pathbreaker in this space.

The FOI has already spearheaded new developments in curriculum and resources at Booth. Winter 2025 brought a new course, The Family Office, to educate students on the goals, roles, structures, and leadership strategies of modern family offices. In May 2025, the inaugural Family Office Summit will take place in Chicago. This exclusive event will bring together influential family office leaders, Booth faculty, and others to discuss current challenges and opportunities in the field.

In addition to furthering the mission of the FOI, the Anthony Pritzker Family Foundation is also supporting the UChicago Private Markets Program. PMP educates undergraduate students in the field of private markets and positions them to pursue related professional opportunities. Components of the program include a one-week cohort experience in which students attend lectures on key concepts, learn to build detailed investment strategy models, and benefit from opportunities to engage with potential employers. The foundation’s gift will help PMP enhance its existing programming, allowing students in the College to get an immersive and career-oriented introduction to private markets.

“Investing in leadership is one of the most meaningful ways to drive lasting impact,” explained Tony Pritzker. “This gift reflects our foundation’s commitment to empowering the next generation of principled, forward-thinking leaders who will shape the future of the family office landscape. We are proud to help launch this important initiative at Chicago Booth, where rigorous education, real-world collaboration, and a dynamic network of faculty and peers will equip future leaders to lead with purpose and vision.”

As chairman and chief executive officer of Pritzker Private Capital, a family investment firm founded in 2002, Tony Pritzker has spent a career putting into practice lessons in investing and wealth management that he learned at Booth.

The most recent gift builds on his foundation’s other commitments to the university. The foundation has championed education at UChicago for decades, including endowing the Pritzker Professorship at the Law School.

“The Anthony Pritzker Family Foundation’s philanthropic investment comes at an exciting time for the family office as an area of academic research. The impact of this gift will only increase as family offices become more complex and the networks among their leaders grow,” said John C. Heaton, PhD ’89, the Joseph L. Gidwitz Professor of Finance, who leads the FOI as faculty director in collaboration with Steven N. Kaplan, the Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance and Kessenich E.P. Faculty Director at the Polsky Center for Entrepreneurship and Innovation.

A steering committee provides thought leadership, supports decision-making, and advances network building. In addition to the faculty, members of the steering committee are: University of Chicago trustee Paul Carbone, AB ’83 (FOI steering committee head, Cofounder and Vice Chairman of Pritzker Private Capital, and Cofounder, President, and Chairman of the Investment Committee of Pritzker Alternative Strategies); Andreas Angelopoulos, MBA ’02 (Former Senior Advisor, Pritzker Alternative Strategies); Ronald Diamond (Founder and Chairman, Diamond Wealth); Quan Mac, MBA ’05 (Chief Executive Officer and Chief Investment Officer, Greenville Asset Management); Michael Montgomery (Chief Executive Officer and Chief Investment Officer, Marshall Street Capital, Inc.); Stephan Roche (Partner, specialized advisory firm, and Former Chief Executive Officer, Walton Enterprises); Bill Woodson (Managing Director and Co-Head, The Cynosure Group); Stuart E. Lucas (Co-Managing Partner, Wealth Strategist Partners, LLC); Alex Dexeus, MBA ’23 (Vice President – Operations Management, Pritzker Private Capital); as well as Malorie Flemming (Project Manager, Booth Strategic Initiatives), who provides staff support to the FOI.

Looking toward the future, with the support of the Anthony Pritzker Family Foundation’s gift, the FOI faculty director will advance the initiative’s aims to build a robust network of leaders in the family office sector and to generate research and actionable insights that will help these leaders manage their offices and drive progress across family enterprises in United States and around the globe.