NEW YORK--(EON: Enhanced Online News)--Lee Equity Partners, a New York based private equity firm focused on middle market buyout investments in growth companies, today announced the promotion of five investment professionals. Geoffrey Lieberthal, Rahul “Billy” Nand and Collins Ward were promoted to Partner; Eric Hsu was promoted to Vice President; and John Ettinger was promoted to Senior Associate.
Thomas H. Lee, President and Partner of Lee Equity, stated, "I have worked with each one of these highly skilled individuals for many years, and we are pleased to recognize each team member’s achievements and contribution to the firm. They work diligently to execute our middle market investment strategy and create value in our portfolio for our Limited Partners.”
Including the three partner promotions, the average tenure of the Lee Equity investment partners is close to 10 years.
The promotions include:
Geoffrey Lieberthal from Principal to Partner. Prior to joining Lee Equity as a Principal in 2012, Mr. Lieberthal was a Principal at Texas Pacific Group. Prior to Texas Pacific Group, he was a Vice President at Bain Capital Partners and a Consultant at Bain & Company. His transaction background includes retail, healthcare and generalist transactions. Mr. Lieberthal serves on the board of directors of Paragon Industries and Eating Recovery Center. Geoff received an M.B.A from Stanford Business School and a B.A. from Dartmouth College with cum laude honors.
Rahul “Billy” Nand
Rahul Nand from Principal to Partner. His responsibilities include investment thesis generation and sourcing, structuring, execution, monitoring, exit strategy and portfolio management. Prior to joining Lee Equity in 2007 as an Associate, Mr. Nand was a Senior Business Analyst in the Corporate Finance Practice at McKinsey & Company. Mr. Nand serves on the boards of KMAC Holdings, Corp, Cross MediaWorks, LLC, and Captive Resources, LLC. Billy received a B.S. in Finance and a B.S. in Accounting from the University of Illinois.
Collins Ward from Principal to Partner. Prior to joining Lee Equity in 2006 as an Associate, Mr. Ward was a Senior Associate Consultant in the Private Equity Practice and the Strategic Consulting Practice of Bain & Company. Mr. Ward serves on the boards of Interluxe Holdings, LLC, Aimbridge Hospitality, LLC, and Prelude Fertility, Inc. Mr. Ward received a B.S. in Mechanical Engineering with a minor in Economics from Massachusetts Institute of Technology, and upon graduating participated in the U.S. Fulbright program as a German Scholar in Engineering. Collins graduated with High Distinction from the Harvard Business School, where he was a Baker Scholar.
Eric Hsu from Senior Associate to Vice President. Prior to joining Lee Equity in 2013 as an Associate, Mr. Hsu was an Associate Consultant at Bain & Company. Eric received a Bachelor of Arts in Economics and Mathematics from Dartmouth College.
John Ettinger from Associate to Senior Associate. Prior to joining Lee Equity in 2015, Mr. Ettinger was a Consultant at the Boston Consulting Group. John received a B.A. in Economics from Yale University with summa cum laude honors.
About Lee Equity Partners, LLC
Lee Equity Partners is a New York based private equity firm that partners with strong management teams to build companies with strong growth potential. Lee Equity targets equity investments of $50 to $150 million in middle market control buyouts and growth capital financings in companies with enterprise values of $100 million to $500 million that are located primarily in the United States. The firm invests in a range of industries where the team has deep relationships developed over decades including Financial, Healthcare and Business Services, Retail and Consumer Products, Media and Specialty Industrial/Specialty Distribution. www.LeeEquity.com
Notes to Editor:
Below are some recent significant Lee Equity Partners portfolio company announcements:
December 20, 2016 – Lee Equity invests in K-MAC Holdings Corp.
November 17, 2016 – Universal American Corp. Acquired by Wellcare Health Plans, Inc.
November 21, 2016 – Independent Bank Group Announced Acquisition of Carlile Bancshares, Inc.
October 17, 2016 – Lee Equity invests in Prelude Fertility, Inc.
October 12, 2015 – Edelman Financial Services Announces Lee Equity’s Majority Sale to Hellman & Friedman, LLC.
December 4, 2015 – Lee Equity Partners Sells PDR Network, LLC to Genstar Capital Affiliate