Harvest Partners

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Harvest Partners
Company typePrivate
IndustryPrivate Equity
Founded1981; 43 years ago (1981)
Founder
  • Harvey Mallement
  • Harvey Wertheim
HeadquartersNew York City, United States
Products
AUM$7.0 billion[1]
Websitewww.harvestpartners.com

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.

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]

  1. ^ Based on capital raised since inception. Source: Private Equity Intelligence
  2. ^ Masco Corporation. FundingUniverse
  3. ^ Harvest Partners Raises $815 Million Fund, June 18, 2007
  4. ^ Harvest Partners
  5. ^ Harvest Partners
  6. ^ PR Newswire
  7. ^ Partners, Harvest. "Harvest Partners Announces Strategic Minority Investment by Goldman Sachs Asset Management". www.prnewswire.com. Retrieved 2018-11-01.

External links[edit]