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.
| Company type | Private |
|---|---|
| Industry | Private Equity |
| Founded | 1981 |
| Founder |
|
| Headquarters | New York City, United States |
| Products | |
| AUM | $7.0 billion[1] |
| Website | www.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]
- 2020 - $4.1b - Harvest Partners VIII
- 2023 - $5.3b - Harvest Partners IX[6]
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
References
edit- ^ Based on capital raised since inception. Source: Private Equity Intelligence
- ^ Masco Corporation. FundingUniverse
- ^ Harvest Partners Raises $815 Million Fund, June 18, 2007
- ^ Harvest Partners
- ^ Harvest Partners
- ^ PR Newswire
- ^ Partners, Harvest. "Harvest Partners Announces Strategic Minority Investment by Goldman Sachs Asset Management". www.prnewswire.com. Retrieved 2018-11-01.
External links
edit- Harvest Partners (company website)