Providence Equity
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.
Headquarters at 50 Kennedy Plaza | |
| 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 Davis Noell, Senior Managing Director David Phillips, Senior Managing Director Karim Tabet, Senior Managing Director Andrew Tisdale, Senior Managing Director |
| Products | Leveraged buyouts, Growth capital |
| AUM | $35 billion (2023) |
Number of employees | 180 |
| Website | www |
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.
Providence is headquartered in Providence, Rhode Island with additional offices in New York, Boston, London and Atlanta.