Plough Penny Partners

About The Fund

Plough Penny Partners is a multi-family office located in New York City that was founded in 1985. They serve as a family investment office specializing in managing the assets of the Traphagen family. The firm's investment focus encompasses various domains including private equity, venture capital, distressed investments, secondary transactions, and direct investments. Their investment philosophy places a strong emphasis on diversifying across publicly traded companies, privately held companies, real estate holdings, and partnership interests. As a multi-family office, they provide a range of services that aim to preserve and grow the family's wealth across generations, acting as stewards of their financial assets. The sectors in which Plough Penny Partners invests reflect their interest in innovation and market trends, specifically targeting areas such as Software, which includes Web Marketplaces and Software-as-a-Service (SaaS) platforms, as well as Media, Business Solutions, and Artificial Intelligence (AI) & Big Data. By strategically investing in these areas, they aim to leverage emerging technologies and business models that have the potential to drive significant returns. The firm prides itself on a strong executive management team that is responsible for making key investment decisions and handling the day-to-day asset management, ensuring that the family's portfolio is well-maintained and positioned for long-term success.