Development Capital

Development Capital, LLC is a New York-based private investment firm. It deploys capital globally across diverse traditional and non-traditional financial assets. The firm actively engages where principals add significant value, complementing direct investments with allocations to external funds. This strategy enables diversified capital deployment and active market participation, targeting impactful growth.

Paul E. Tierney Jr., a Coniston Partners founding principal, established Development Capital in 1999 to manage the Tierney Family’s investment interests. His financial background provided the insight for this flexible private vehicle. Matthew S. Tierney, as Managing Partner, now oversees all investment decisions and portfolio management, continuing the firm's strategic approach.

The firm primarily serves the Tierney Family and collaborates with select aligned outside investors. Development Capital’s vision focuses on compounding growth by fostering innovation and leadership within its portfolio. It aims to drive sustained development, creating lasting value for stakeholders through diligent capital stewardship and a long-term perspective.