Company type | Private |
---|---|
Industry | Private equity |
Founded | 1989 |
Founder | Jonathan M. Nelson, Founder and Executive Chairman |
Headquarters | , USA |
Key people | Michael Dominguez, Chief Investment Officer |
Products | Leveraged buyouts, Growth capital |
AUM | $35 billion (2023) |
Number of employees | 180 |
Website | www |
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]