Providence Equity

Providence Equity Partners L.L.C.
Company typePrivate
IndustryPrivate equity
Founded1989 (1989)
FounderJonathan M. Nelson, Founder and Executive Chairman
Headquarters,
USA
Key people
Michael Dominguez, Chief Investment Officer
Davis Noell, Senior Managing Director
David Phillips, Senior Managing Director
Karim Tabet, Senior Managing Director
Andrew Tisdale, Senior Managing Director
ProductsLeveraged buyouts, Growth capital
AUM$35 billion (2023)
Number of employees
180
Websitewww.provequity.com Edit this at Wikidata

Providence Equity Partners L.L.C. is a specialist private equity investment firm focused on media, communications, education, and technology investments across North America and Europe. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989.[1][2]

The firm manages funds with over $31 billion in aggregate private equity capital commitments, making it a large global player in the private equity industry. Providence was one of the principal pioneers of a sector-based approach to private equity investing. The firm's eighth fund, Providence Equity Partners VIII, closed on $6 billion in 2019, above its $5 billion target. The prior fund, Providence VII, closed with $5 billion in 2013.[3][4][5]

Providence is headquartered in Providence, Rhode Island with additional offices in New York, Boston, London and Atlanta.[6]

  1. ^ "Company Overview of Providence Equity Partners LLC". Bloomberg Businessweek. Archived from the original on October 18, 2007. Retrieved September 21, 2012.
  2. ^ "Providence Equity buys Star India's stake in Star CJ". afaqs.com. June 6, 2014. Archived from the original on March 4, 2016. Retrieved June 30, 2014.
  3. ^ "Providence Equity Closes Eighth Flagship Fund Above $6 Billion". The Wall Street Journal. September 17, 2019.
  4. ^ "Providence Equity Raises $12 Billion Buyout Fund". The New York Times. February 21, 2007.
  5. ^ "Private Equity International magazine's ranking of the world's largest private equity firms". PEI – Alternative Insight. May 1, 2008.
  6. ^ "Private Equity". Providence Equity Partners. October 6, 2020.

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