Thomas H. Lee

2023 - 2 - 24

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Image courtesy of "The New York Times"

Remembering Thomas H. Lee, a Veteran of Private Equity (The New York Times)

The financier, who died at 78 years old, was known for prominent takeovers of Snapple and Warner Music.

Mr. (NYT) [step down](https://www.nytimes.com/2023/02/15/climate/david-malpass-world-bank.html) by June, a year before his term expires. [alternative trading system](https://nymag.com/intelligencer/2023/02/gary-gensler-on-meeting-with-sbf-and-his-crypto-crackdown.html)” that FTX wanted permission to launch with the stock exchange IEX — a request that Mr. Prosecutors say he Mr. But he and Mr. In December 2018, Mr. The Pentagon added that it would [spend $2 billion](https://www.nytimes.com/live/2023/02/24/world/russia-ukraine-anniversary-news#the-us-says-it-will-spend-another-2-billion-on-new-drones-and-weapons-for-ukraine) to supply Kyiv with new drones and defense systems, while NATO and the European Commission [rejected China’s call for a cease-fire](https://www.nytimes.com/live/2023/02/24/world/russia-ukraine-anniversary-news/nato-and-eu-leaders-dismiss-chinas-cease-fire-principles-saying-that-beijing-already-took-sides?smid=url-share). [THL said in a statement](https://thl.com/articles/we-are-profoundly-saddened-by-the-unexpected-passing-of-our-good-friend-and-former-partner-thomas-h-lee/).) But Lee continued to invest through a second venture, Lee Equity Partners. [Lee cracked that year](https://www.nytimes.com/2003/11/30/business/edgar-bronfman-jr-s-backup-band.html), alluding to the initial bewilderment that greeted the transaction. (The [New York Post reports](https://nypost.com/2023/02/23/billionaire-financier-thomas-h-lee-found-dead-of-self-inflicted-gunshot-wound-in-nyc-office-sources/) that he was found dead in his Manhattan office of what appeared to be a self-inflicted gunshot wound.) Lee](https://www.nytimes.com/2023/02/23/business/thomas-lee-billionaire-dead.html), a pioneer in the trillion-dollar business of private equity, has died, his family confirmed yesterday.

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Image courtesy of "CNN"

Thomas H. Lee, pioneer of leveraged buyouts, is dead at 78 (CNN)

Thomas H. Lee, a private equity financier who pioneered the use of leveraged buyouts that helped to reshape corporate America, has passed away, according to ...

Lee started in the business as an analyst in the institutional research department of L.F. His bio on the firm’s site said over the last 46 years he has invested $15 billion of capital in hundreds of transactions. He was able to increase the value of Snapple before his sale to Quaker Oats mostly by growing the company and its sales, reportedly increasing revenue from $95 million a year to $750 million. The goal is often to sell the company in a relatively short period for a higher price, either to another buyer or by taking it public. In LBOs a buyer will borrow money to make a purchase, typically using the future earnings of the acquired company to pay off the loan. He helped pioneer an industry and mentored generations of young professionals who followed in his footsteps.”

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Image courtesy of "CNBC"

U.S. billionaire financier Thomas Lee dies at 78, family says (CNBC)

American billionaire financier Thomas H. Lee, considered a pioneer of private equity investment and leveraged buyouts, died at the age of 78.

Lee Partners, which he founded in 1974, according to a biographical statement released by his family. Reuters could not immediately confirm the cause of death. We ask that our privacy be respected and that we be allowed to grieve."

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Image courtesy of "PE Hub"

PE pioneer and Lee Equity and THL founder Thomas H. Lee passes ... (PE Hub)

Since 1974, Lee was “responsible for investing over $15 billion of capital in hundreds of transactions” · Lee was a Harvard College graduate ...

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Image courtesy of "Sovereign Wealth Fund Institute"

Private Equity Giant Thomas H. Lee Found Dead in His Office (Sovereign Wealth Fund Institute)

Billionaire financier and investor Thomas H. Lee (aged 78) was found dead of a self-inflicted gunshot wound at his Manhattan office.

Thomas H. Lee founded Thomas H. “The family is extremely saddened by Tom’s death. EMTs pronounced him dead at the scene on the morning of February 23, 2023. Lee (aged 78) was found dead of a self-inflicted gunshot wound at his Manhattan office. Police officers responded to a 911 call at 767 Fifth Avenue at around 11:10 a.m.

Billionaire private equity veteran Thomas H Lee found dead at 78 ... (AltAssets Private Equity News)

Early buyout pioneer Thomas H Lee has been found dead by the emergency services at his Manhattan office.

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Image courtesy of "The Wall Street Journal"

Thomas H. Lee, Leveraged-Buyout Pioneer, Dies at 78 (The Wall Street Journal)

Private-equity pioneer Thomas H. Lee died unexpectedly at 78, his colleagues and family said late Thursday. The New York Police Department said first ...

Lee was registered to him, the officials said. with what officers believe was a self-inflicted gunshot wound to the head. Thomas H.

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Image courtesy of "Pensions & Investments"

Thomas H. Lee, founder of namesake private equity firm, dies at 78 (Pensions & Investments)

Todd Abbrecht and Scott Sperling, co-CEOs at Thomas H. Lee Partners, said in a joint statement: "We are profoundly saddened by the unexpected passing of our ...

A biography on the website of Lee Equity Partners noted that Mr. Fann, who before joining Apogem in September was vice chairman and partner of alternative investment consultant Aksia. While the world knew him as one of the pioneers in the private equity business and a successful businessman, we knew him as a devoted husband, father, grandfather, sibling, friend and philanthropist who always put others' needs before his own." He helped pioneer an industry and mentored generations of young professionals who followed in his footsteps. More importantly, he was a generous and gracious individual who cared deeply about his friends, his family, and his community. Messrs Abbrecht and Sperling added: "Tom was an iconic figure in private equity.

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Image courtesy of "New York Post"

New details emerge in shocking suicide of billionaire Thomas H. Lee (New York Post)

Billionaire financier Thomas H. Lee was found in his office bathroom with a single gunshot wound to his head and his Smith & Wesson revolver next to him, ...

Lee went on to form Lee Equity, and in 2008, it raised $1.1. Lee — including how the onetime “envy of Wall Street” was found in his office bathroom with a single gunshot wound to his head and his Smith & Wesson revolver next to him, police sources told The Post. In 2006, after he and several of his key remaining longtime partners split with THL, Scott Sperling took over the firm that still bore Lee’s name. At the time of his death, Lee Equity Partners had spent a year raising a new fund. The revolver found at his side was registered and licensed to Lee in New York City, sources said. If you live outside the five boroughs, you can dial the 24/7 National Suicide Prevention hotline at 988 or go to In 1992, Lee invested $30 million of equity to buy Snapple. With that kind of serious leverage, he often reaped giant returns. With that kind of leverage, a big win could result in giant returns. In a statement issued Thursday, Lee family friend and spokesman Michael Sitrick said the Wall Street titan’s family was “extremely saddened” by his passing. He was considered the “envy of Wall Street” in the 1980s and ’90s, A resident of Lee’s Sutton Place apartment building in Manhattan, who served with the Wall Streeter on the board there, told The Post on Friday that he was “shocked” by the investor’s death.

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Image courtesy of "Entrepreneur"

Billionaire Thomas H. Lee, a Private Equity Pioneer, Has Died at ... (Entrepreneur)

Thomas H. Lee was found dead on Thursday in his New York City apartment, his family has confirmed in a statment. Here's a look at the financier's career in ...

More importantly, he was a generous and gracious individual who cared deeply about his friends, his family, and his community. "He helped pioneer an industry and mentored generations of young professionals who followed in his footsteps. Rothschild & Company in New York and a Vice President in the technology lending group at the First National Bank of Boston. Lee had a decorated history in private equity, founding Thomas H. He had originally purchased the company just two years prior for $135 million, turning a massive profit. "While the world knew him as one of the pioneers in the private equity business and a successful businessman, we knew him as a devoted husband, father, grandfather, sibling, friend, and philanthropist who always put others' needs before his own.

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