When Terry Mullen left Thomas H. Lee Partners some 25 years ago to found Arsenal Capital Partners, it created a stir. Mullen had been a principal at the Boston buyout firm. Would investors back someone who had yet to reach the partner level?
Tag: Trivest Partners
Minority-led firm launched by former Trivest, TPG execs
Former Trivest Partners Vice President Herby Raymond has teamed up with former TPG Vice President Matthew Lee to start a new private equity firm based in Miami.
Northern Yard Partners takes its place among just a handful of private equity firms to be co-founded by an African American (Raymond) or an Asian American (Lee). The founding pair have set out to invest in U.S. companies in the business services, residential services, consumer, industrial and distribution sectors generating EBITDA of up to $7 million.
Big Moves: Perella Weinberg, Jefferies, Trivest Partners
The following Big Move! items appeared in the December 15 2023 free edition of Private Equity Career News.
Jillian (Colbert) Alsheimer joins investment bank Perella Weinberg as a partner, according to her Linkedin profile. Alsheimer previously served as a managing director at Goldman Sachs.
Big Moves: Trivest, HighVista Strategies, Northleaf, PEWIN
The following "Big Move!" items appeared in the October 6 free edition of Private Equity Career News.
John Ciancio joins Miami-based buyout firm Trivest Partners as director of business development for the mountain region, according to his Linkedin profile. Ciancio previously served as business development associate at Lion Equity Partners.
Trivest seeks $1B for “Recognition” fund; to hire regional BD director
With three fund families under management, Trivest Partners seeks $1 billion for a fund under a fourth banner that would mark its largest buyout pool ever. The Florida firm also is recruiting a new director of business development to cover the Mountain-states region.
Trivest Partners, which focuses on founder-led and family-owned businesses, has entered the market with its Trivest Recognition Fund LP and parallel funds, according to a regulatory filing from December. A recent review of the Trivest Partners team page showed six team members working on the new fund, including a recently hired associate.