BDT & MSD Partners

Last updated
BDT & MSD Partners
Company type Private
Industry Financial services
PredecessorBDT & Company
MSD Partners
FoundedJanuary 2023;1 year ago (2023-01)
Headquarters Equitable Building, Chicago, U.S.
One Vanderbilt, New York City, U.S.
Key people
Byron Trott (Chairman and co-CEO)
Gregg Lemkau (co-CEO)
Products Investment banking
Private equity
AUM US$50 billion (2023)
Website bdtmsd.com
Footnotes /references
[1]

BDT & MSD Partners (BDT & MSD) is an American merchant bank that is co-headquartered in Chicago and New York City. The firm has both an advisory platform and an investment platform.

Background

In January 2023, BDT & MSD was formed from the merger of BDT & Company, a merchant bank founded by Byron Trott that provides advice and capital to family and founder-led companies and MSD Partners, an investment firm that manages the wealth of Michael Dell and his family. [2] [3] [4]

Trott is currently the Chairman and co-CEO of the firm while Gregg Lemkau who was previously CEO of MSD Partners is the other co-CEO. [2] [3] [4]

Dina Powell left Goldman Sachs to join the firm in May 2023. [5]

BDT & MSD is co-headquartered in Chicago and New York City with additional offices in Santa Monica, Dallas, and elsewhere. [6]

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References

  1. "BDT & MSD PARTNERS, LLC". brokercheck.finra.org.
  2. 1 2 Gottfried, Miriam (20 October 2022). "BDT to Merge With MSD Partners, Form New Investment and Advisory Firm". Wall Street Journal. Retrieved 7 June 2023.
  3. 1 2 Fontanella-Khan, James; Gara, Antoine; Indap, Sujeet (20 October 2022). "Michael Dell-backed investment group merges with Warren Buffett's favoured advisory firm". Financial Times. Retrieved 7 June 2023.
  4. 1 2 Dorbian, Iris (17 January 2023). "BDT and MSD Partners completes merger". PE Hub. Retrieved 7 June 2023.
  5. Gottfried, Miriam; Andriotis, AnnaMaria (30 May 2023). "Goldman Sachs Executive Dina Powell McCormick to Depart for Merchant Bank". Wall Street Journal. Retrieved 7 June 2023.
  6. "BDT & MSD | Home". BDT & MSD. Retrieved 2023-10-30.