The Saint Louis Private Fund (SLPF) is a Missouri limited liability corporation, formed in 2008. SLPF and the Saint Louis Business Development Fund have agreed to co-invest in approved applications submitted to SLBDF. The primary reason for the agreement is to increase the maximum investment amount to $1 million from $500,000.

The Private Fund investors consist of 22 local business leaders who are interested in promoting the economic growth in the region by investing in successful local companies.

Relevancy to Applicant

In most instances, investment in a client company will be equally shared between SLPF and SLBDF. There will be only set of closing documents, as well as only one note.

The relationship between SLPF and SLBDF will be seamless to the client, from the application to the closing processes.

SLPF Board of Directors

John F. Kalishman is the managing director of Harcourt Capital Management, LLC, a registered investment advisor that operates Harcourt Capital LP. Prior to forming Harcourt Capital Management,, John served as director of corporate strategy and development at Insituform Technologies, Inc. He worked for Arthur Andersen & Co. from 1984-88 and became a certified public accountant in 1987. He currently is a director of the Jewish Federation of St. Louis where he also serves as chairman of the investment committee for the St. Louis Jewish Community Foundation. John is also a trustee of the Wyman Center and is a graduate of the Leadership St. Louis program.
Gary Matthes is the former co-owner and President of Advantage Sales & Marketing, a food brokerage firm. He sold the business in 2004 to Allied Capital. Gary is a past president and board member of the St. Louis Food Brokers Association, and served on the Board of Directors of the Allied Food Club. He is also the past president and current board member of Sunset Country Club. Gary has served on numerous advisory committees for such companies as Del Monte, Dow Chemical (Retail Div), Alpo Pet Foods, and Mars, Inc. He is currently retired.

Rick Holton is the Managing Member of Classic Car Studio, a premium classic car dealership specializing in building, restoring and selling classic automobiles. Rick also serves as Chairman of Arch Framing & Design, a commercial picture framing and mirror company catering to the hospitality industry. Prior to starting his business career in St. Louis, he received an MBA from Washington University Olin School of Business. Rick currently serves on the board of Anchor Packaging, an international food packing company.

Tim Houghton is the former President and owner of Hutchinson Foundry Products, Inc. Hutchinson is a manufacturer of precision die cast parts for the electric motor industry, with plants in Alton, IL and Monterrey, Mexico. Prior to purchasing Hutchinson Foundry, Tim was the Vice- President and General Manager of Metal Container Corp., which is a subsidiary of Anheuser- Busch. Under his control, the company grew from four to ten plants in a span of five years. Tim managed all operations, purchasing, quality, and personnel functions for this $500 million manufacturing subsidiary from 1978 to 1990.

James Saitz is the Vice Chairman of Southwest Bank of St. Louis and the former Chairman, President and CEO of both Missouri State Bank and Trustcorp Financial, Inc. Prior to his work with Trustcorp Financial, James was the Executive Vice President and Chief Credit Officer, Magna Group, Inc., a multi-state holding company headquartered in St. Louis, Missouri. He was also the President and CEO of Landmark Bancshares Corporation, another multi-bank holding company. Mr. Saitz holds many positions with various local organizations, including: Chairman of the Board of The Wyman Center, Director of St. Louis Equity Fund, and the Board of Trustees of St. Louis University. Prior to his business career, James was a Sergeant in the United States Army.
Additional Information

If you have any questions about the Saint Louis Private Fund, please contact Rick Palank at 314.615.7667.