Quintin E. Primo III facts for kids
Quick facts for kids
Quintin E. Primo III
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| Born | March 14, 1955 Illinois
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| Alma mater | Indiana University, Harvard Business School |
| Occupation | Hedge fund manager |
Quintin E. Primo III (born March 14, 1955) is a very successful American businessman. He is the Co-Founder, Chairman, and CEO of Capri Capital Partners, LLC. This company is one of the largest real estate investment firms in the United States that is owned by a minority group.
Primo's company manages over $6 billion in commercial real estate, both in the U.S. and around the world. He has been recognized by Forbes magazine as one of the richest African Americans globally. Primo often shares his knowledge on CNBC and is highly respected in the real estate world for his many achievements.
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Building a Business Empire
Quintin Primo III has played a key role in making Capri Capital Partners a leader in real estate investment. His company helps invest in large properties like shopping malls and office buildings.
Investing in Communities
Under Primo's leadership, Capri Capital has made important investments in areas that needed help. For example, they were one of the first companies to invest in urban markets that were not getting much attention, like South Los Angeles. In 2006, Capri Capital bought Baldwin Hills Crenshaw Plaza, a large shopping mall in Los Angeles. This kind of investment helps bring new life and opportunities to these communities.
National Recognition
In 2012, Black Enterprise Magazine honored Capri Capital. They named it the Financial Services Company of the Year. This award showed how successful and important the company had become.
Expanding Globally
In September 2013, Primo led Capri Capital to expand internationally. They launched Capri Global Capital, Limited, in India. This was done through a partnership with an Indian company, which was then renamed Capri Global Capital Limited. Quintin Primo III became the non-executive chairman and director on the board of this Indian company. This made him one of the first, if not the first, African Americans to serve on the board of a publicly listed company in India.
Giving Back to the Community
Quintin Primo III is also well-known for his philanthropy, which means he gives a lot of money and time to help others. He is the founder and chairman of the Primo Center for Women and Children. This center is a homeless shelter located in West Side, Chicago. It helps women and children who are going through difficult times by providing them with a safe place to stay and support to get back on their feet.
Early Life and Education
Quintin E. Primo III was born on March 14, 1955. He graduated from Homewood-Flossmoor High School in Flossmoor, Illinois, in 1973. He later attended Indiana University and Harvard Business School, where he gained the knowledge that helped him become a successful businessman. His father was Episcopal Bishop Quintin E. Primo Jr..
