World Library  
Flag as Inappropriate
Email this Article

Lee Equity Partners

Article Id: WHEBN0020859202
Reproduction Date:

Title: Lee Equity Partners  
Author: World Heritage Encyclopedia
Language: English
Subject: Lee, Papa Murphy's, Deb Shops
Publisher: World Heritage Encyclopedia

Lee Equity Partners

Lee Equity Partners
Industry Private equity
Predecessor(s) Thomas H. Lee Partners
Founded 2006
Founder(s) Thomas H. Lee
Headquarters General Motors Building
New York City
Products Growth capital
Total assets $1 billion
Employees 20+

Lee Equity Partners is a private equity firm focused on growth capital investments in middle-market companies across a range of industries.

The firm, which is based in New York City, was founded in 2006 by Thomas H. Lee, the notable private equity investor who previously founded Thomas H. Lee Partners and also owns the Blue Star group of fund of hedge funds.


In March 2006, Thomas H. Lee resigned from Thomas H. Lee Partners as the firm was nearing completion of fundraising for its sixth and current private equity fund. In the same year, Lee formed Lee Equity Partners a private equity firm focused on the same leveraged buyout transactions that he had been completing for nearly 35 years at THL.[1] [2]

Both Lee and THL insisted that move was amicable, however persistent reports suggested that Lee, who had limited his day-to-day involvement in the firm and had relocated to New York City had been pushed out by several partners.[3]

Among the first professionals to join Lee Equity Partners included Mark Gormley, a founding partner of Capital Z Partners; David Morrison, former president and CEO of Mercer Management Consulting and Allen Questrom, former CEO of J.C. Penney Company, Barneys New York, Federated Department Stores and Neiman Marcus. The firm also brought in former investment professionals from Bain Capital and The Carlyle Group.[4]

Among the firm's first investments included the acquisition of Deb Shops in 2007.[5]


  • Thomas Lee separates from Thomas H. Lee Partners L.P.. Marketwatch, March 22, 2006
  • Ex-NBC Chair to Join Lee Equity Partners. New York Times, January 31, 2008
  • Tom Lee’s New Bet on Health Care. New York Times, November 25, 2008
  • AP via Business Week, April 16, 2012.
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.