Development Capital Partners

What Development Capital Partners does

Development Capital, LLC is a privately held investment firm incorporated in New York in 1999 and headquartered at 645 Madison Avenue, 20th Floor, New York City. The firm operates as the dedicated investment vehicle for the Tierney family, deploying proprietary capital globally across public and private companies as well as third-party investment funds in sectors including technology, healthcare, real estate and emerging markets. By its own public statement, Development Capital does not solicit or accept capital from external investors; co-investment activity is described as being conducted alongside a small group of aligned outside investors who share the firm's long-term compounding orientation. Day-to-day investment decisions and portfolio management are overseen by Managing Partner Matthew S. Tierney, while Paul E. Tierney Jr. — the founding principal of Coniston Partners — serves as Chairman. Headcount is in the 11-50 range and the firm does not produce technology products, maintain a software platform, or operate a SaaS offering; its deliverable is active principal-led capital allocation rather than a sellable product.

Name

Development Capital Partners

Legal name

Development Capital, LLC

Website

https://devcapital.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Development Capital, LLC is a private family investment firm founded in 1999 that deploys Tierney family capital globally across public equities, private companies, and third-party funds in technology, healthcare, real estate, and emerging markets, without soliciting external investors.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Core offering

Development Capital, LLC is a private investment firm that invests its own capital globally in public and private companies across technology, healthcare, real estate, and emerging markets. The firm also invests in third-party investment funds and partners with a select group of aligned outside investors on a co-investment basis. It operates as the private investment vehicle for the Tierney Family and does not solicit or accept money from external investors.

Product overview

Development Capital, LLC is a private investment firm, not a technology product company. The firm invests its own capital globally in public and private companies across various sectors including technology, healthcare, real estate, and emerging markets. It also invests in outside investment funds and partners with a select group of aligned investors. No software products, platforms, or SaaS offerings are described.

Differentiator

Problem solved

Functional benefit

Products and services

• Direct Proprietary Capital Investment Deployment of Development Capital's own capital into public and private companies globally, targeting active situations in technology, healthcare, real estate, and emerging markets where the principals can add significant value. Intended for operating companies whose boards, founders, or management teams seek long-duration, principal-led equity or debt capital.
• Investments in Outside Investment Funds Allocations into a broad array of third-party managed investment funds as part of the firm's portfolio construction. Intended for fund managers seeking limited-participant capital from a sophisticated, principal-led investor with multi-sector experience.
• Co-Investment Partnerships with Aligned Outside Investors Selective co-investment partnerships with a limited group of outside investors whose outlook aligns with Development Capital's long-term compounding-growth focus. Intended for sophisticated outside investors seeking co-investment participation alongside the firm's proprietary capital.

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights3 records

Others

• Tiger 21: Peer network and learning community for high-net-worth investors; represents the broader family-office and private-capital ecosystem in which Development Capital participates, though it is not a direct investment competitor.

Broad incumbents

• Pershing Square Capital Management: Family-controlled (Ackman) public/investment firm deploying capital across concentrated public and private opportunities, sharing Development Capital's family-controlled multi-strategy approach but at much larger scale.
• Point72 Asset Management: Multi-strategy investment firm combining public-market investing with private deal participation; shares Development Capital's flexible capital-deployment orientation, though operating at much larger scale.
• Soros Fund Management: Large family-controlled multi-strategy investment firm deploying proprietary capital across public and private markets globally, broadly analogous operating model at significantly larger scale.

Direct peers

• Henry Crown and Company: Single-family investment office deploying proprietary family capital across public and private opportunities; structurally analogous to Development Capital's own-capital, multi-strategy model.
• Pritzker Private Capital: Family-controlled private equity firm making direct equity investments in operating companies across multiple sectors; highly comparable in family-office structure, size, and partnership-style investing.
• Dalton Investments: Multi-strategy investment firm operating globally across public and private investments; comparable in flexibility of mandate and direct-investing orientation at a similar size.
• Coniston Partners: Multi-strategy private equity firm founded by Paul E. Tierney Jr., the same principal who founded Development Capital. Directly comparable investment mandate, sector focus, and own-capital deployment model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/development-capital-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Development Capital Partners