Harvest Partners

Last updated
Harvest Partners
Company type Private
Industry Private Equity
Founded1981;43 years ago (1981)
Founder
  • Harvey Mallement
  • Harvey Wertheim
Headquarters New York City, United States
Products
AUM $7.0 billion [1]
Website www.harvestpartners.com

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.

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:

In October 2018, Goldman Sachs Asset Management's Petershill program made a strategic minority investment in Harvest Partners representing 15 percent of the firm. [7]

Source: Private Equity Intelligence

Related Research Articles

Private equity (PE) is stock in a private company that does not offer stock to the general public. In the field of finance, private equity is offered instead to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage, "private equity" can refer to these investment firms, rather than the companies in which they invest.

<span class="mw-page-title-main">Oaktree Capital Management</span> American global asset management firm

Oaktree Capital Management, Inc. is an American global asset management firm specializing in alternative investment strategies. As of September 30, 2024, the company managed $205 billion for its clientele.

<span class="mw-page-title-main">Oak Investment Partners</span> American private equity firm

Oak Investment Partners is a private equity firm focusing on venture capital investments in companies developing communications systems, information technology, new Internet media, healthcare services and retail.

Goldman Sachs Asset Management Private Equity is the private equity arm of Goldman Sachs, focused on leveraged buyout and growth capital investments globally. The group, which is based in New York City, was founded in 1986.

In finance, the private-equity secondary market refers to the buying and selling of pre-existing investor commitments to private-equity and other alternative investment funds. Given the absence of established trading markets for these interests, the transfer of interests in private-equity funds as well as hedge funds can be more complex and labor-intensive.

<span class="mw-page-title-main">Baird (investment bank)</span> American investment firm

Robert W. Baird & Co. is an American multinational independent investment firm and financial services company. It is the principal U.S. operating subsidiary of Baird, an international, employee-owned firm providing investment banking, capital markets, private equity, wealth management, and asset management services to individuals, corporations, institutional investors, and municipalities.

<span class="mw-page-title-main">Private equity firm</span> Firm that invests in privately held companies

A private equity firm or private equity company is an investment management company that provides financial backing and makes investments in the private equity of a startup or of an existing operating company with the end goal to make a profit on its investments. The target companies are generally privately owned entities, but on rare occasions a private equity firm may purchase the majority of a publicly listed company and delist the firm after the purchase.

SVG Capital was a leading British private equity and investment management business. Headquartered in London, it was listed on the London Stock Exchange.

<span class="mw-page-title-main">Private equity in the 2000s</span>

Private equity in the 2000s represents one of the major growth periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital expanded along parallel and interrelated tracks.

<span class="mw-page-title-main">MidOcean Partners</span> American private equity firm

MidOcean Partners is a New York–based alternative asset management firm that specializes in mid-sized private equity and alternative leveraged investments.

<span class="mw-page-title-main">Friedman Fleischer & Lowe</span> American private equity firm

FFL Partners, LLC, previously known as Friedman Fleischer & Lowe, is an American private equity firm, founded in 1997 by Tully Friedman, Spencer Fleischer, David Lowe, and Christopher Masto. The firm makes investments primarily through leveraged buyouts and growth capital investments and is focused on investing in the U.S. middle-market.

<span class="mw-page-title-main">HarbourVest Partners</span> American private equity fund of funds

HarbourVest Partners is a private equity fund of funds and one of the largest private equity investment managers globally. The firm invests in all types of private equity funds, including venture capital and leveraged buyout funds, and also directly in operating companies.

Sofinnova is the name shared by two venture capital firms, Sofinnova Partners and Sofinnova Ventures. The name Sofinnova is a contraction of the French, "Société de Financement de l’Innovation" or, Innovation Venture Capital Company. Both firms trace their roots back to Sofinnova SA, an investment institution founded in Paris in 1972. The two firms have raised ~$4B since inception and have generally shared a similar investment strategy of financing projects and ideas in the life sciences and technology sectors. The firms distinguish themselves on the basis of their target geographies, stage of investment, and sectors. They have been independent entities since 1997.

<span class="mw-page-title-main">Riverstone Holdings</span> American multinational private equity firm

Riverstone Holdings is a multinational private equity firm based in New York City focused on leveraged buyout, growth capital, and credit investments in the energy industry and electrical power industry sectors. The firm focuses on oil and gas exploration, midstream pipelines, electricity generation, energy and power services, energy and power technology, and renewable energy infrastructure and technology. Riverstone has raised approximately $41 billion since the firm's inception in 2000.

New Silk Route Partners LLC (NSR) is an Indian private equity firm that invests in private companies in India, Asia, and the Middle East.

<span class="mw-page-title-main">MCI Capital</span>

MCI Capital SA - private equity fund listed on the Warsaw Stock Exchange established in 1999 by Tomasz Czechowicz with assets under management (AUM) of 2.8 billion PLN and permanent capital of 1.8 billion PLN [ca. 400 m Euro) as of December 31, 2021. According to Wall Street Journal MCI is one of Poland’s leading private equity companies.

<span class="mw-page-title-main">CDH Investments</span> Chinese alternative asset management firm

CDH Investments is a major Chinese alternative asset management firm based in Beijing, China. It specializes in private equity, venture capital and credit products. CDH invests across a range of sectors and regions. As of March 2015, CDH manages over RMB 100 billion of investor capital across its various investment platforms.

Sixth Street is a global investment firm with around $75 billion in assets under management. The firm operates nine investment platforms across its growth investing, adjacencies, direct lending, fundamental public strategies, infrastructure, special situations, agriculture and par liquid credit businesses. Sixth Street invests in the equity and debt of public and private companies, acquires real estate, finances infrastructure projects, and provides start-up capital to new businesses. Sixth Street has been noted in the financial media for the unusual structure of its largest fund, which is open-ended and able to hold longer-term investments.

Dymon Asia is an Asia-focused investment management firm based in Singapore. It is considered one of the largest hedge funds in Singapore and Asia.

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. PR Newswire
  7. Partners, Harvest. "Harvest Partners Announces Strategic Minority Investment by Goldman Sachs Asset Management". www.prnewswire.com. Retrieved 2018-11-01.