FI  Parkland Management Company

     Office Locations:

1001 Lakeside Avenue East, Suite 900
Cleveland, OH 44114
Phone: 216-479-2200



  • Middle Market



  • Business Services
  • Financial Services
  • Manufacturing & Industrial
  • Transportation & Distribution



    Parkland Management Company, originally organized in 1987 as an Ohio corporation, manages the investments of Lois U. Horvitz and family members of Lois and her husband, Harry R. Horvitz. Harry R. Horvitz was a newspaper publisher whose family owned five newspapers in Ohio and New York and operated seven cable TV systems. He passed in 1992. In 1998, the company was reorganized as a single member Ohio limited liability company. On January 31, 2003, ownership of the company was divided and transferred equally to the three children of Harry R. Horvitz and Lois U. Horvitz. The investment strategy is focused on private equity and hedge funds. Within private equity / venture capital: funds the firm makes co-investments and select direct investments. General areas of focus (with exceptions) include Venture Capital: Pre-seed to Series A stage. Fund sizes are generally $30-$300M. For buyout Parkland targets: $100-$500M funds targeting $3-15M EBITDA companies. For Growth equity the firm targets $100-$500M funds. Michael Horvitz (son of Harry) is a trustee of the Cleveland Orchestra, where he chairs the Personnel and Audit Committees and serves on the Executive and Investment Committees. He also serves as a trustee of The Cleveland Clinic Foundation (where he serves on the Finance Committee) and The Frick Collection in New York.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Al Hemmingsen Chief Investment Officer
    Michael Horvitz Principal
    Peter Horvitz Principal


    Portfolio companies include:


    Recent News: