Hellman & Friedman - History

History

History of private equity
and venture capital

Early history
(Origins of modern private equity)
•
The 1980s
(LB The 1990s
(LBO bust and the VC bubble)
•
The 2000s
(Dot-com bubble to the credit crunch)

Hellman & Friedman was founded in 1984 by Warren Hellman and Tully Friedman. Before H&F, Hellman was a founding partner of Hellman, Ferri Investment Associates, which would later be renamed Matrix Management Company. Today, Matrix is among the most prominent venture capital firms in the U.S. Before that, Hellman worked in investment banking at Lehman Brothers, where he served as president as well as head of the Investment Banking Division and Chairman of Lehman Corporation.

Tully Friedman was formerly a managing director at Salomon Brothers. In 1997, Friedman left the firm to found Friedman Fleischer & Lowe, a private equity firm also based in San Francisco.

Read more about this topic:  Hellman & Friedman

Famous quotes containing the word history:

    “In the history of the United States, there is no continuity at all. You can cut through it anywhere and nothing on this side of the cut has anything to do with anything on the other side.”
    —Henry Brooks Adams (1838–1918)

    “The history of the past is but one long struggle upward to equality.”
    —Elizabeth Cady Stanton (1815–1902)

    “Well, for us, in history where goodness is a rare pearl, he who was good almost takes precedence over he who was great.”
    —Victor Hugo (1802–1885)