Hillspire

About Hillspire

Hillspire is the family office of Eric Schmidt, Google Chairman, and his wife Wendy, founded in 2006. It manages more than $5 billion for the Schmidts. Its focus is family office investment and wealth management, with a broad range of investment activity worldwide. The primary objective is a portfolio built for long-term capital appreciation. Hillspire invests in publicly-traded securities, traditional private equity activities, real estate and other alternative assets, and third-party managers in private and public markets. The Eric and Wendy Schmidt Group directs the family office and drives the Schmidts' full philanthropic efforts. These include The Schmidt Family Foundation, which advances the development of renewable energy and a wiser use of natural resources. Its grant-making operation, The 11th Hour Project, supports more than 150 non-profit organizations in program areas including climate and energy, ecological agriculture, human rights and oceans. The Schmidts created the Schmidt Ocean Institute in 2009 and in 2012 launched the research vessel Falkor, a mobile platform for ocean exploration, discovery and knowledge, and for sharing information about the oceans. Through The Eric and Wendy Schmidt Fund for Strategic Innovation, they also support a variety of organizations addressing global issues in science and technology, education and the environment. Hillspire bought a 20 percent stake in hedge fund D.E. Shaw for about $500 million.

Real estate mandate

Contacts at Hillspire