Jonathan Skinner, former partner and vice chair of investment banking at William Blair & Co., will join PSP Partners as CEO in January.

PSP is a Chicago-based private investment firm founded by Penny Pritzker, the former U.S. Secretary of Commerce, who serves as chairman. Pritzker is the daughter of the late Donald Pritzker, co-founder of Hyatt Hotels.

“Jon is a strong fit with our collaborative, mission-driven culture, and a person who has proven throughout his career to be a strategic and values-based team leader,” said Pritzker. “With more than two decades of dealmaking experience, Jon also brings a robust, global network of relationships across a variety of sectors and markets.”

PSP invests in durable businesses with a primary emphasis in the services, advanced industrials, technology and real estate sectors. 

Current PSP CEO Kevin Poorman will transition to senior advisor.