NASHVILLE, Tenn. (Nov. 5, 2019) – Hall Capital, a family-owned private investment company, announced that successful businessman and diplomat Bill Hagerty has renewed his relationship with the company. Hagerty was previously a member of the Hall Capital board prior to his recent tenure as the United States Ambassador to Japan.
Hagerty will become a member of Hall Capital’s automotive / private investment board. Hall Capital’s automotive affiliate, The Fred Jones Companies, has a century of history in the automotive industry. Today, its portfolio includes Fred Jones Enterprises, JAC and Modineer.
“We’re thrilled to welcome Bill Hagerty back to Hall Capital,” said Fred Hall, Chairman and CEO of Hall Capital. “We have a track record of supporting public service and we were proud that Bill had the opportunity to serve our nation so well in Japan. Having said that, we’re glad he is back and can again share his business acumen with us. Hall Capital has a strong commitment to Tennessee, and working with a champion for Tennessee like Bill only enhances that mission.”
Hall Capital is a family-owned company with an office on Music Row and deep ties to Nashville. Brothers and senior executives Fred and Kirkland Hall are active Vanderbilt alumni; real estate affiliate Hall Emery – led by longtime Nashville developers Pat Emery and David Wells – is developing multiple Nashville projects; and notable Nashville leaders T. Clark Akers, Will Alexander, and Moore Rhett all serve in the company’s leadership.
Hagerty served in the cabinet of Tennessee Governor Bill Haslam as the Commissioner of Department of Economic and Community Development until 2015, where he was also responsible for the Tennessee Film Entertainment and Music Commission. He began his career with The Boston Consulting Group and later served on the White House staff. Hagerty then joined Trident Capital and subsequently formed his own private equity firm, Hagerty, Peterson & Company. He has served on both private and public company boards, including Nashville-headquartered Pinnacle Financial Partners (NASDAQ:PNFP), and Ryman Hospitality Properties (NYSE: RHP). Hagerty earned both graduate and undergraduate degrees from Vanderbilt University.
“I am pleased to rejoin my friends at Hall Capital,” said Hagerty. “The Hall family has demonstrated a deep commitment to Tennessee and their investments here are only going to multiply. I have a long relationship with the Hall family, I have a great deal of respect for their integrity, and I look forward to partnering with them to further grow Tennessee’s economy.”
Hagerty led Tennessee’s economic development efforts during the first term of the Haslam administration. During that time, Tennessee was named the top state in the nation for foreign direct investment by the IBM Institute of Business Value and the two-time “State of the Year” by Business Facilities magazine.
About Hall Capital
Hall Capital is a family-owned private investment company with offices in Nashville, Oklahoma City, Chicago, Dallas and Tulsa. Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920. Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall, Jr. – Hall Capital is home to a diversified collection of business interests focused on automotive, real estate and private investment. The company continues a long legacy of service to the community through the Fred Jones Family Foundation. For more information, visit hall-capital.com.