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family, the son of
Herbert C. Lee (formerly Leibowitz) and Mildred "Micki" Schiff Lee. His father worked for the Shoe Corporation of America, founded by his father-in-law Robert Schiff, and later was chairperson of Shoe Corporation of Canada and Clark International Corp. He had two brothers: Richard
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transactions than the leveraged buyouts favored by THL. Lee, who had limited his day-to-day involvement in the firm and had relocated to New York City, told staff that the parting was "very friendly," an account backed up by another insider, who described it as "completely friendly and amicable."
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for $ 1.7 billion. Lee was estimated to have made $ 900 million for himself and his investors from the sale. Quaker Oats would subsequently sell the company, which performed poorly under new management, three years later, for only $ 300 million. From 1974 through 2006,
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for $ 28 million. Lee reportedly put in less than $ 3 million and when the company was sold two years later for $ 210 million, he walked away with over $ 180 million in profits. The combined company was an early predecessor to what is now
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Museum of Jewish
Heritage Announcement: "Thomas H. Lee, President and CEO of Thomas H. Lee Capital, Honored by the Museum of Jewish Heritage – A Living Memorial to the Holocaust at its Tenth Annual Heritage
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614:, in 1995, after he made public the fact that he had an affair with a woman who was later tried for extortion. Lee's second wife was Ann Tenenbaum of Savannah, Georgia. Lee had five children.
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private equity funds and completed more than 100 investments, representing in excess of $ 125 billion of aggregate purchase price.
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as the firm was nearing completion of fundraising for its sixth and then-current private equity fund. In the same year, Lee formed
625:. In June 2008, at the conclusion of Hillary's unsuccessful presidential run, she and Bill were reported to have stayed at his
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732:
Palm Beach Daily News: "Herbert Lee, philanthropist and
Fellowship of Christians and Jews co-founder, dies" By William Kelly
1042:: "1995: Allegation embroil financier – Woman stockbroker is accused of targeting Boston man for extortion" by Nathan Cobb
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transaction catapulted Lee to prominence. Only eight months after buying the company, Lee took
Snapple Beverages
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The final years of Lee's tenure at THL were marred to a certain extent by the firm's investment in
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in 1965, quickly going to work as an analyst in the institutional research department of
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On
February 23, 2023, Lee died from a self-inflicted gunshot wound at his office in
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and in 1994, only two years after the original acquisition, Lee sold the company to
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CNN: "HOW NOT TO MAKE HEADLINES: TOM LEE'S VERY INTERESTING YEAR" By ANNE FAIRCLOTH
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In 1974, Lee founded a new investment firm to focus on acquiring companies through
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Lee donated $ 22 million to
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contracts that collapsed suddenly in
October 2005, only months after its
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Lee is said to have begun investing with a $ 150,000 inheritance.
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Thomas H. Lee
Partners Files Suit Against Former Refco Executives
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investors, while taking a friendlier approach than the so-called
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After ceding public attention to his competitors, most notably
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798:"Thomas H. Lee, a Pioneer in Leveraged Buyouts, Is Dead at 78"
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773:"Billionaire investor Thomas H. Lee dead at 78, family says"
497:. THL as the lead investor (and Lee himself) was named in a
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was firmly established among the top tier of a new class of
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in New York City. The next year, Lee went to work for the
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Harvard
Gazette: "Thomas Lee Gives Harvard $ 22 Million"
1107:"US billionaire financier Thomas Lee found dead at 78"
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raised more than $ 22 billion of capital in six
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578:, Combined Jewish Philanthropies of Greater Boston,
1082:"Clintons Relaxing at Wiborg's Beach House (Maybe)"
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610:Lee was married twice. He divorced his first wife,
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1027:: "Lee divorce case goes to court" by Nathan Cobb
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828:Forbes: "Tom Lee is on a roll" by Phyllis Berman
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438:after several dormant years in the wake of the
669:"Thomas Lee Steps Down From His Namesake Firm"
617:Lee was an avid art collector and a friend of
1012:Funding Universe: "Thomas H. Lee Co. History"
901:Bankruptcy Trustee Sues Big Investor in Refco
638:estimated his net worth at $ 2 billion.
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1232:Private equity and venture capital investors
917:Thomas Lee Steps Down From His Namesake Firm
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711:Boston Globe: "Mildred Schiff Lee Obituary"
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951:(Institutional Investor, January 13, 2006)
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205:S. Lee and Jonathan O. Lee. Lee attended
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489:company specializing in commodities and
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1069:: The World's Billionaires – Thomas Lee
933:Founding Partner To Leave Thomas H. Lee
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695:Boston Globe: "HERBERT C. LEE Obituary
667:Sorkin, Andrew Ross (March 23, 2006).
666:
795:Copeland, James (February 24, 2023).
1237:Suicides by firearm in New York City
1182:21st-century American businesspeople
1172:20th-century American businesspeople
1197:American financial company founders
450:in the late 1980s and early 1990s.
13:
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1217:Businesspeople from New York City
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949:Behind the split at Thomas H. Lee
529:In March 2006, Lee resigned from
861:"Thomas H. Lee Partners website"
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389:transactions. By the mid-1980s,
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1088:. June 13, 2008. Archived from
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560:Whitney Museum of American Art
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844:Thomas H. Lee In Snapple Deal
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219:First National Bank of Boston
18:American investor (1944–2023)
525:Resignation and later career
501:shareholder lawsuit against
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1212:Belmont Hill School alumni
1177:21st-century American Jews
1167:20th-century American Jews
1014:retrieved October 29, 2013
995:"Roden Crater Information"
757:December 20, 2015, at the
632:At the time of his death,
594:. He was a major donor to
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200:Lee was born in 1944 to a
564:Museum of Jewish Heritage
236:History of private equity
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1187:American art collectors
455:Kohlberg Kravis Roberts
87:Private equity investor
1222:Harvard College alumni
1136:Thomas H. Lee Partners
1001:on September 10, 2013.
627:East Hampton, New York
592:Rockefeller University
531:Thomas H. Lee Partners
448:Drexel Burnham Lambert
446:, and the collapse of
442:takeover, the fall of
391:Thomas H. Lee Partners
381:Thomas H. Lee Partners
228:Thomas H. Lee Partners
180:Thomas H. Lee Partners
111:Thomas H. Lee Partners
1192:American billionaires
736:Palm Beach Daily News
556:Museum of Modern Art
1202:American financiers
1113:. February 24, 2023
967:, December 21, 2005
937:Wall Street Journal
834:, November 17, 1997
568:Brandeis University
535:Lee Equity Partners
260:(origins of modern
238:and venture capital
209:and graduated from
207:Belmont Hill School
184:Lee Equity Partners
118:Lee Equity Partners
97:Lee Equity Partners
62:New York City, U.S.
46:New York City, U.S.
1207:American investors
1138:(official website)
984:September 12, 1996
961:Lee denies discord
804:The New York Times
674:The New York Times
588:NYU Medical Center
580:Harvard University
576:Yeshiva University
572:Cardozo Law School
487:financial services
430:'s acquisition of
401:of the era (e.g.,
342:COVID-19 recession
168:Thomas Haskell Lee
144:(divorced)
72:Harvard University
1092:on June 28, 2008.
1086:East Hampton Star
1056:December 11, 1995
1044:November 24, 2009
459:Snapple Beverages
432:Snapple Beverages
419:Sterling Jewelers
399:corporate raiders
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1117:February 24,
1115:. Retrieved
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868:. Retrieved
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808:. Retrieved
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771:Lee, Lloyd.
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715:Boston Globe
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699:Boston Globe
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680:February 24,
678:. Retrieved
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619:Bill Clinton
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600:Roden Crater
586:Foundation,
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546:Philanthropy
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499:class action
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424:Signet Group
403:Nelson Peltz
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196:Early career
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137:Barbara Fish
57:(2023-02-23)
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15:
1157:2023 deaths
1152:1944 births
761:May 9, 2006
467:Quaker Oats
440:RJR Nabisco
415:Akron, Ohio
328:(expansion)
1146:Categories
1040:Boston.com
654:References
411:Carl Icahn
83:Occupation
39:1944-03-27
648:Manhattan
602:project.
334:The 2020s
322:The 2010s
302:The 2000s
286:The 1990s
270:The 1980s
116:Founding
109:Founding
68:Education
1111:BBC News
755:Archived
158:Children
93:Employer
865:Thl.com
752:Dinner"
491:futures
417:-based
312:to the
146:
142:
128:Spouses
120:in 2006
113:in 1974
1067:Forbes
939:, 2006
891:, 2005
850:, 1992
832:Forbes
635:Forbes
590:, and
582:, the
562:, the
558:, the
554:, the
517:, and
463:public
202:Jewish
189:Forbes
642:Death
503:Refco
483:Refco
280:boom)
140:
1119:2023
872:2023
812:2023
682:2023
621:and
485:, a
52:Died
33:Born
598:'s
574:at
495:IPO
472:THL
428:THL
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