InforCapital
CompanyUnited StatesUpdated Apr 5, 2026
HL Investments

HL Investments

HL Investments: Investor, Limited Partner • focus on Private Equity, Real Estate • active in Global, North America • offices in United States.

Company Profile

HL Investments is a single-family office established in 2009 as the outside investment arm of the Green family, founders of Hobby Lobby. The firm's approach is straightforward, focusing on concentrated investments with best-in-class managers. Their primary investment areas include private equity and real estate, with a broader portfolio spanning various asset classes. The firm is committed to stewarding its investments in a manner consistent with Biblical principles, with the goal of using ongoing profits to fund ministry investments.

The history of HL Investments is rooted in the entrepreneurial journey of David and Barbara Green. In 1970, they began making miniature picture frames from their home with a $600 loan, which led to the opening of a 300-square-foot store in Oklahoma City and the birth of Hobby Lobby. Over the decades, Hobby Lobby grew into the largest privately owned arts-and-crafts retailer globally. HL Investments was later formed to manage the family's investments beyond the core retail business.

The firm manages a global investment portfolio, overseeing significant assets across multiple asset classes. Key team members include Scott McLain, Chief Investment Officer, and Derek Green, Managing Director, who are responsible for the oversight and deployment of the firm's private investment portfolio. The team also includes professionals in finance, operations, and investment analysis, all contributing to the firm's commitment to building strong relationships with partners and investing deeply.

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