We were honored to have our president, Justin Kaylor, featured on WPXI’s Our Region’s Business with Bill Flanagan, where he had the opportunity to share the story of Penn Cove Group—our evolution, our mission, and our unwavering commitment to impact-driven investing.
A Legacy That Inspires Our Future
The feature gave us space to reflect on our roots and the legacy of our late founder, Brian Shanahan. Brian’s vision shaped much of the work we’re proud of today, from the transformation of Cool Springs and Oxford Athletic Club to North Park Sports Complex. His passing in early 2024 was a profound loss for our team and our community, but his legacy continues to guide everything we do.
A New Chapter: Penn Cove Group
Our recent rebrand from PCG Capital to Penn Cove Group is more than a change in name—it represents a renewed commitment to investing with purpose. Under the leadership of Karen Shanahan and Justin Kaylor, we’re focusing on projects that not only generate strong returns, but also deliver lasting benefits to the communities we serve.
Launching the PCG Impact Fund
During the segment, we shared our excitement around the launch of the PCG Impact Fund—a dedicated initiative that allows us to support ventures and developments aligned with our mission. From affordable housing to community-centered real estate, we’re investing in ideas that drive positive, measurable impact.
We also highlighted our partnership with Honeycomb Credit, through which we’ve committed $250,000 to support small businesses across Pittsburgh. It’s one of the ways we’re working to expand access to capital, helping local entrepreneurs grow their businesses and strengthen their neighborhoods.
At the heart of all of this is one simple idea: local matters. Supporting people and businesses in the Greater Pittsburgh Area isn’t just part of our strategy—it’s who we are. As our president, Justin Kaylor, puts it:
“We like to invest in people and in businesses that we can meet and have a cup of coffee with and be face-to-face with.“
Looking Ahead
Being featured on Our Region’s Business was more than a media moment—it was a chance to celebrate the work we’ve done and the bright future ahead. We’re grateful for the platform and excited to keep building something meaningful, alongside the partners and communities who make this work so rewarding.
Watch the full segment here.