Based in Los Angeles, Leonard Green & Partners, L.P. (“LGP”) was founded in 1989, and this private equity investment firm currently has USD 50 billion in AUM. The firm invests in market leaders by partnering with experienced management teams, often with their founders. In 2019, LGP raised its dedicated middle market fund, Jade Equity Investors, L.P., with a commitment of USD 2.75 billion, as well as its eighth flagship fund, Green Equity Investors VIII, L.P., with a commitment of USD 12 billion.
Since its inception, LGP has invested in more than 100 companies, primarily service providers in the areas of business, consumer, and healthcare services, as well as distribution, industrials, and retail. Its investments have been in the forms of going-private transactions, growth equity, recapitalizations, and selective public equity and debt positions, as well as traditional buyouts.