Harvest Partners

Harvest Partners is a private equity firm focused on leveraged buyout and growth capital investments in middle market industrial, business services, consumer and retail companies.

Harvest Partners
TypePrivate
IndustryPrivate Equity
Founded1981 (1981)
Founder
  • Harvey Mallement
  • Harvey Wertheim
HeadquartersNew York City, United States
Products
AUM$7.0 billion[1]
Websitewww.harvestpartners.com

The firm, which was founded in 1981 by Harvey Mallement and Harvey Wertheim, is based in New York City. Prior to co-founding Harvest, Mallement was managing partner of Masco Associates, making private equity investments on behalf of Masco Corporation[2] and Wertheim managed venture capital and private equity investment activities at Research and Science Investors, a venture capital and investment management firm.

Since inception, Harvest has raised approximately $5 billion of investor capital across seven investment funds:

  • 1992 - $20m - Harvest Partners I
  • 1996 - $120m - Harvest Partners II
  • 1997 - $362m - Harvest Partners III
  • 2002 - $558m - Harvest Partners IV
  • 2006 - $815m - Harvest Partners V[3]
  • 2011 - $1.1b - Harvest Partners VI[4]
  • 2016 - $2.2b - Harvest Partners VII[5]

In October 2018, Goldman Sachs Asset Management's Petershill program made a strategic minority investment in Harvest Partners representing 15 percent of the firm.[6]

Source: Private Equity Intelligence

References
  1. Based on capital raised since inception. Source: Private Equity Intelligence
  2. Masco Corporation. FundingUniverse
  3. Harvest Partners Raises $815 Million Fund, June 18, 2007
  4. Harvest Partners
  5. Harvest Partners
  6. Partners, Harvest. "Harvest Partners Announces Strategic Minority Investment by Goldman Sachs Asset Management". www.prnewswire.com. Retrieved 2018-11-01.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.