Real Estate
Chicago Loses Another Financial Firm as Peak6 Moves HQ to Austin
- Peak6’s largest office was already in the Texas capital
- The investment firm will maintain a location in Chicago
Chicago and Illinois have weathered several high-profile corporate departures in recent years.
Photographer: Jamie Kelter Davis/BloombergThis article is for subscribers only.
Peak6 Investments will transfer its global headquarters to Austin from Chicago, making it the latest finance firm to dial back its operations in the Midwestern city.
The company, with a portfolio that has ranged from early-stage businesses to professional sports teams, said the move will put its executive team closer to the bulk of its workers, a majority of whom are already in Texas. The firm will maintain a Chicago office even after the change.