Tuesday, October 06, 2026

$969,205.66 --THAT IS THE REQUEST FROM OTHER-DIRECTED ST. JOHNS COUNTY ADMINISTRATOR JUNYAO ANDREWS' "SPECULATIVE" DEMAND: INDIANA/KENTUCKY PRIVATE EQUITY FIRM WANTS $969,205.66 TAX HOLIDAY AS "INCENTIVE"

IT'S OUR MONEY.

$969,205.66


Read item 2 on County Commission agenda here: https://stjohnsclerk.com/minrec/agendas/2026/100626BCC/10-06-26REG02.pdf


THE OWNER OF THE LLC, THORNTON CAPITAL, says it is a "A multigenerational firm of hybrid growth and value minded investors with a “forever” investment horizon."  Its website requires a password.  A multigenerational firm of hybrid growth and value minded investors with a “forever” investment horizon."   THORNTON CAPITAL's website requires a password:


I've asked for it.

No response.


Who are the investors?


Why are they requesting confidentiality?


SJC Board of County Commissioners should not give a million dollars to secretive investors.


Not now.  


Not ever. 



Family OfficeRIA · CRD 151055Private Fund Adviser

Updated:

Thornton Capital

Matt Thornton established Thornton Capital following the 2019 sale of Thorntons Inc. to BP and ArcLight Capital. The firm invests the resulting capital on a...

Thornton Capital logo

Thornton Capital

Matt Thornton established Thornton Capital following the 2019 sale of Thorntons Inc. to BP and ArcLight Capital. The firm invests the resulting capital on a long-term basis. Allocations span private equity, venture capital, private credit and real estate. Confirmed holdings include mixed-use projects in Louisville and Chicago plus industrial sites in Indiana. The firm operates exclusively in North America and targets early-stage and middle-market opportunities. No public headcount or AUM figure exists. Matt Thornton holds board and trustee positions at Endeavor Louisville and Bellarmine University. Adjacent vehicles remain limited to direct real-estate holdings and the L3 Capital relationship seeded in 2009. The office maintains a hybrid structure that combines direct property ownership with external manager relationships, anchored by the original family operating business sale.

General information

Firm type

Family Office

Year founded

2013

Location

Region

North America

Country

United States

City

Louisville

Corporate office

Louisville, KY, United States

Principals

Matt Thornton

Founder

Thomas A. Jones

Chief Investment Officer

Michael Lynch

CFO

Lauren Leonhardt

COO

Sector focus

Digital HealthIndustrial TechInsurTechMedia & EntertainmentMobility & TransportationPropTechSupply Chain & LogisticsAgriTech & FoodTech

Frequently asked questions

Who runs investment decisions at Thornton Capital?

Matt Thornton serves as founder. Thomas A. Jones acts as Chief Investment Officer, Michael Lynch as CFO and Lauren Leonhardt as COO.

Does Thornton Capital participate in fund commitments or only direct deals?

What investment stages does Thornton Capital typically target?

How is Thornton Capital related to L3 Capital?

Profile maintained by  using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Source record modified:. Public records carry source-specific dates where available. No population-wide measured refresh cadence or universal verification deadline is established here. Page modified, source captured, fact observed, entity verified and aggregate measured describe different events. Check the date attached to the relevant claim; a missing verification date means unknown. Stored source history does not establish a customer-facing historical-analysis interface. To correct this record or make a privacy request, send the page URL and your evidence toprivacy@altss.com; corrections are free.

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