The September 2022 Business North Carolina features the annual exclusive list of the state’s biggest private companies, providing a capsule view of an increasingly dynamic economy. Donnie Douglas’s cover story explains Wall Street veteran John Townsend’s pivotal role in helping UNC Chapel Hill achieve fundraising records and manage a $10 billion portfolio. Mike MacMillan describes Atlantic Packaging’s development as one of the nation’s biggest privately held companies in its sector. Ed Martin explains a mounting riff between franchisees and one of the state’s key home-grown restaurant chains. Other stories include the quiet style of the Anonymous Trust foundation; Brooks Pierce law firm’s focus on white-collar defense and Charlotte developer Johnny Harris’ take on the Presidents Cup golf tournament.