The Merchant Bank to Family Business Owners
Founders
Strategic Long-Term Investors
Who We Are

BDT & MSD Partners

BDT & MSD Partners is a merchant bank with an advisory and investment platform built to serve the distinct needs of business owners and strategic, long-term investors. We are distinguished by our decades of experience advising at the intersection of founders, families, and businesses, as well as by our differentiated capital base and culture of aligned investing.

BDT & MSD is led by Byron Trott, Chairman and Co-CEO, and Gregg Lemkau, Co-CEO.

Our story

History of the Firm

BDT & MSD Partners was established in 2023 through the combination of BDT & Company, the merchant bank to the closely held, founded in 2009 by Byron Trott, and MSD Partners, a premier investment firm, led by CEO Gregg Lemkau, that since 2009 has invested on behalf of Dell Technologies Founder Michael Dell, his family, and other like-minded investors.

What We Do

A Long-Term Partner to Business Owners and Strategic Investors

Trusted Advice and Capital

We offer strategic advisory services and long-term capital through our affiliated funds to help clients sustain and grow their businesses, manage their legacies, and create social impact.

Our advisory capabilities focus on the complex issues facing business owners, providing tailored solutions and working across family branches and generations to meet our clients’ objectives.

M&A and Capital Structure
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Ownership and Governance
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Trust and Estate
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Family Office
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Philanthropy and Social Impact
As a long-term investment partner with aligned interests, our affiliated funds provide differentiated capital for owners seeking growth, acquisitions, liquidity, or going-private transactions.

Differentiated
Investment Platform

We provide family offices, trusts, foundations, and select strategic investors with the opportunity to invest alongside our employee owners and affiliates in three high-quality, risk-adjusted investment strategies.

Through our flagship funds, we provide an attractive direct investing platform into family- and founder-led businesses – providing long-term, aligned capital from business owners to business owners.
Our private credit platform provides creative financing solutions to a broad range of businesses across market sectors and geographies. Our strategies focus on recession-resilient businesses that perform well in various market conditions and have long-term value.
Our real estate strategy invests across the capital structure with a focus on large-scale, high-quality assets. We pride ourselves on being a preferred solutions provider and driving value creation through our significant in-house execution capabilities and long-duration mindset.

Unparalleled Global Network

We bring together our world-class network of business-owning clients and investors to enable them to benefit from the wisdom and experience of other exceptional leaders.

Locations

Our Offices

Chicago

Co-Headquarters
401 N. Michigan Avenue
Suite 3100
Chicago, IL 60611
312 660 7300

New York

Co-Headquarters
1 Vanderbilt Avenue
26th Floor
New York, NY 10017
212 303 1650

Dallas

4001 Maple Avenue
Suite 250
Dallas, TX 75219
214 259 7500

Denver

250 Fillmore Street
Suite 400
Denver, CO 80206
720 817 0200

Menlo Park

2882 Sand Hill Road
Suite 100
Menlo Park, CA 94025

650 519 0200

Palm Beach

340 Royal Palm Way
Suite 300
Palm Beach, FL 33480
561 851 5700

Santa Monica

100 Wilshire Boulevard
Suite 1000
Santa Monica, CA 90401
310 598 4900

Dubai

DIFC Gate Village 8
Unit 03-OF-02-03-OF-04, Level 3
PO Box 506504
Dubai, United Arab Emirates
971 4 852 0339

Frankfurt

Opernplatz 14
60313 Frankfurt, Germany
49 0 69 153 294 121

London

65 Curzon Street
London, W1J 8PE, UK
44 0 20 7290 8300

Verbier

Route de Verbier Station 45
1936 Verbier, Switzerland