Tully Friedman

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Tully Friedman
Born January 1942
Nationality American
Alma mater Stanford University
Harvard Law School
Occupation Businessman, investor, philanthropist
Employer Friedman, Fleischer and Lowe

Tully Friedman (born January 1942) is an American businessman.[1][2][3][4] A founding partner of Hellman & Friedman,[3] as of 2013 he was chief executive of Friedman, Fleischer and Lowe, a San Francisco-based private equity firm.[5]

Early life[edit]

He graduated from Stanford University and received a J.D. from the Harvard Law School.[1][2][3]


He was managing director of Salomon Brothers, where he founded its West Coast Corporate Finance Department and served on its national Corporate Finance Administrative Committee.[3][4]

From 1984 to 1997, he served as founding partner of Hellman & Friedman, an investment company.[3]

Since 1997, he has served as chairman and CEO of Friedman Fleischer & Lowe, a private equity firm.[1][2][3][4]

Board memberships and philanthropy[edit]

He sits on the boards of Clorox, Kool Smiles, NCDR, Church's Chicken, Cajun Operating Company, Archimedes Technology, and DPMS LLC.[1][2] He previously served on the Boards of CapitalSource, Levi Strauss & Co., Mattel, and McKesson Corporation.[1][2][3][4] He is a former president of the San Francisco Opera Association and chairman of Mount Zion Hospital and Medical Center.[3] He is also chairman of the board of trustees of the American Enterprise Institute.[6] He also sits on the board of trustees of the Telluride Foundation in Telluride, Colorado.[3][7]

Personal life[edit]

In November 2012, Friedman sold his mansion in Woodside, California for $117.5 million, making it one of the U.S.' highest-priced home sales ever.[5][8]