Co-Founder and Director
Penny Pritzker is an entrepreneur, civic leader, and philanthropist, with more than 30 years of private- and public-sector experience in numerous industries. She is the founder and Chairman of PSP Partners and its affiliates, Pritzker Realty Group, PSP Capital, and PSP Growth. From 2013–2017, she served as U.S. Secretary of Commerce in the Obama Administration. Penny founded Vi Senior Living (formerly known as Classic Residence by Hyatt) and co-founded The Parking Spot and Artemis Real Estate Partners and Inspired Capital Partners. She is the former executive chairman of the Board of TransUnion, and is a past Board Member of Hyatt Hotels Corporation, Wm. Wrigley Jr. Company, Marmon Group, and LaSalle Bank Corporation.
Penny is also a board member of Microsoft and Icertis, chairman of the board of trustees of the Carnegie Endowment for International Peace, co-founder and board chair of Chicago-based civic-tech organization P33; a member of the Harvard Corporation, President Biden’s Council of Advisors on Science and Technology, Aspen Strategy Group and the Aspen Economic Strategy Group and the Smithsonian American Women’s History Museum Advisory Council; and a co-chair of the Cyber Readiness Institute. Previously, she served as a Board Member of the Council on Foreign Relations, the Board of Trustees of Stanford University, the Harvard University Board of Overseers, and founded Skills for America’s Future and Skills for Chicagoland’s Future. Penny served on President Obama’s Council on Jobs and Competitiveness and his Economic Recovery Advisory Board.
Penny earned a Bachelor of Arts in Economics from Harvard University and a Juris Doctor and Master of Business Administration from Stanford University. She lives in Chicago with her husband, Bryan Traubert, and has two adult children.