Levine Leichtman Capital Partners Announces Key Promotions in Investment Management Team
Levine Leichtman Capital Partners Elevates Investment Management Team
Levine Leichtman Capital Partners (LLCP), a prominent private equity firm based in Los Angeles, has recently announced a significant wave of promotions within its investment management unit. Effective from January 1, 2025, this restructuring aims to recognize the hard work and achievements of its dedicated team members who are pivotal to the firm's ongoing success and growth.
The new appointments were made public on January 15, 2025, and mark a noteworthy moment for LLCP as it continues to strengthen its leadership. Steven Korff has ascended to the role of Director, while Landon Budenholzer, Will Hanrahan, Kevin Jin, and Alexander Ventriglia have been promoted to Associate Director. In addition, Boris Nguyen has been elevated to Senior Associate.
In a related development, the firm welcomed Te'Rhon O'Neal as an Associate Director, further expanding the expertise within the investment management team. Michael Weinberg, the Managing Partner at LLCP, expressed his enthusiasm: "We extend our heartfelt congratulations to Steven, Landon, Will, Kevin, Alexander, and Boris. Their dedication to excellence and substantial contributions have been essential in driving our firm's growth. We are eager to observe the impact they will make in their new capacities."
Matthew Frankel, another Managing Partner, shared his optimism about adding Te'Rhon to the team. His extensive experience in investments promises to be a valuable asset as LLCP looks forward to another successful year ahead. “With an already exceptional team, we are proud of our staff's talent and committed to fostering an environment where they can continue to thrive,” Frankel stated.
A Look at Levine Leichtman Capital Partners
Founded with four decades of rich experience, Levine Leichtman Capital Partners specializes in middle-market private equity investments. The firm maintains a diverse portfolio that spans various sectors, such as business services, franchising, education, and engineered products manufacturing.
The unique approach that LLCP employs merges equity and debt capital investments, providing a tailored investment structure that appeals to management teams needing growth capital. This structured investment strategy has distinguished LLCP within the private equity landscape, ensuring it remains an attractive alternative compared to conventional private equity models.
Over the years, LLCP has managed an impressive $15.6 billion of institutional capital through 15 investment funds, making strategic investments in more than 100 companies. The firm currently oversees $10.0 billion in assets and has established a robust presence with offices in key global cities including Los Angeles, New York, Chicago, Miami, London, Stockholm, Amsterdam, and Frankfurt.
Commitments to Growth and Excellence
The recent promotions at LLCP reflect the firm’s commitment to nurturance and progression within its ranks, fostering a culture that prioritizes leadership and quality service to its portfolio companies. As the firm navigates the investment landscape, the expanded leadership team is positioned to play a vital role in steering LLCP toward continued success.
In conclusion, the promotions announced by Levine Leichtman Capital Partners are not just recognition of individual merit but also a strategic move to enhance the firm's capability to meet future challenges and seize new opportunities. As LLCP continues to grow, it stands firm on its foundational belief that the strength of its team is paramount to its sustainable success.