LLCP Names New Co-Chairs for Investment Committee: Weinberg and Frankel Lead the Future

LLCP Names New Co-Chairs for Investment Committee

Levine Leichtman Capital Partners (LLCP), a prominent private equity firm based in Los Angeles, has made significant strides in its leadership structure by appointing Michael Weinberg and Matthew Frankel as the new Co-Chairs of its Investment Committee. This move is part of a comprehensive management succession plan designed to ensure the firm’s long-term success and sustained growth.

Leadership Overview

Michael Weinberg, who joined LLCP in 2008, brings extensive experience to his new role. He is instrumental in overseeing LLCP’s global investment activities, which encompass deal origination, structuring, and sector strategy. In addition, Michael manages the firm’s investor relations team and spearheads capital-raising efforts. As a Co-Chairperson of the Investment Committee and a member of the Executive Committee, he is poised to lead LLCP into its next chapter.

Matthew Frankel joined the firm in 2010 and has been a vital player in LLCP's investment endeavors. He oversees sector strategy, deal structuring, due diligence, and portfolio management, alongside supervising the U.S. Investment Team. With his extensive background and leadership skills, Matthew's role as Co-Chairperson of the Investment Committee and Executive Committee member positions him as a key figure in guiding the firm’s future direction.

Succession Plan and Firm Vision

Arthur Levine and Lauren Leichtman, co-founders of LLCP, continue to provide their invaluable support through their roles as Co-Chairpersons of the Executive Committee and committee members. They expressed enthusiasm for the firm’s succession plan, emphasizing that it is not only a strategy for transition but also a commitment to the legacy they have built over the years. They highlighted the dedication of Mike and Matt and their contributions to LLCP's robust growth and leadership development.

In a joint statement, Levine and Leichtman stated, “We are excited to continue our succession plan to ensure the future success of LLCP. LLCP is more than just a commitment - it's the legacy we've built and the passion we'll carry forward.” Their belief in the firm’s future is buoyed by the steadfast support from their investment partners, whose insights play a crucial role in shaping LLCP's successes.

Weinberg and Frankel echoed this sentiment, stating, “We are privileged to build upon LLCP's legacy of excellence, fueled by the dedication of our world-class team. Our investment philosophy, which has successfully navigated numerous market cycles, will remain unchanged.” They conveyed their appreciation for the chance to continue leading LLCP into a promising future and affirmed their confidence in achieving ongoing success.

About LLCP

Levine Leichtman Capital Partners, LLC stands out as a middle-market private equity firm with a 41-year history of strategic investments across various sectors, including business services, franchising, education, and engineered products manufacturing. The firm employs a distinctive Structured Private Equity investment strategy, effectively combining debt and equity capital to provide bespoke growth opportunities for management teams.

With a dedicated team of investment professionals, LLCP boasts nine partners who have an average tenure of 19 years with the firm. Since its inception, LLCP has managed around $16.4 billion in institutional capital across 15 investment funds and has made investments in over 100 portfolio companies. The firm currently manages approximately $11 billion in assets, with a global presence in major financial hubs including Los Angeles, New York, Chicago, Miami, London, Stockholm, Amsterdam, and Frankfurt.

In summary, with the appointment of Weinberg and Frankel, LLCP is committed to fostering an innovative and successful investment landscape, building on its strong foundation while looking forward to a future filled with growth and opportunity.

If you would like more information or to get in touch with LLCP, please contact their media representative, Isabel Moon, at [email protected].