Welcome to settoon capital

Who we are

Welcome to Settoon Capital

Settoon Capital is a private wealth investment company organized exclusively to manage the assets of the Russ A. Settoon family. Russ Settoon successfully founded, grew and exited his legacy business, Settoon Towing, from which he formed Settoon Capital to diversify his investment holdings. Investing in both active and passive positions, Settoon's values take center stage in evaluating all opportunities. Settoon Capital is not a private equity group and therefore can be more flexible in its investment structures and has a long-term investment time horizon. A Louisiana family office formed in 2015, Settoon Capital invests in Transportation & Logistics, Energy, Construction and Real Estate, among other sectors.

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Providing Expertise

Settoon Capital focuses on providing capital to companies where we have deep industry expertise and thus can provide exceptional strategic, operational and administrative support. We give our portfolio companies access to our decades of business experience and expertise in decision-making processes, company strategy, management processes and financial consulting. Our deal structures aim to position Settoon Capital as an additive, contributing equity partner aligned with each company’s management team.

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Providing expertise 2

Our History

History in the Making


Settoon Marine founded by Fred Settoon, father of Russ Settoon


Settoon Towing formed by Russ Settoon
Settoon towing


Russ purchases Settoon Marine from his father


Acquires BWS Towing and establishes a leading market share in the produced water segment in the Gulf Coast area


Acquires Cenac Towing's crude gathering operations
Marine services


Sells 50% interest in Plains All American Pipeline, L.P. and forms a strategic alliance
Plains logo


Settoon takes delivery of its first unit tow consisting of two 30,000 bbl barges and a 3,2000 HP push boat


Acquires Enterprise Marine Services crude gathering fleet
Enterprise marine


Settoon grows to become a top 10 tank barge operator in the United States with over 200 pieces of equipment


Settoon Capital formed in anticipation of Settoon Capital divestitures with plan to diversify and actively deploy capital into direct investments


Sale of Bulk Liquids Towing division to Savage Inland Marine


Strategic transaction with Crosby Enterprises for Settoon to exit marine operations
Crosby enterprises
The russ settoon family

The Russ A. Settoon Family

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Want to know more?

We partner with dynamic entrepreneurs and management teams to provide experience and capital that support their growth and help them reach them goals.

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