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Thomas H. Lee (businessman)
Thomas H. Lee (born March 27, 1944〔(Thomas Lee Steps Down From His Namesake Firm - New York Times - March 23, 2006 )〕) is an American businessperson, financier and investor and is credited with being one of the early pioneers in private equity and specifically leveraged buyouts. Thomas H. Lee Partners (THL), the firm he founded in 1974, is among the oldest and largest private equity firms globally. Lee is currently the managing partner of Lee Equity Partners, a private equity firm he founded in 2006 after leaving Thomas H. Lee Partners.
==Early career==
Lee was born to a Jewish family, the son of Herbert C. Lee (formerly Leibowitz) and Mildred “Micki” Schiff Lee.〔(Boston Globe: "HERBERT C. LEE Obituary ) April 4, 2012〕〔(Boston Globe: "Mildred Schiff Lee Obituary" ) May 7, 2009〕〔(Palm Beach Daily News: "Herbert Lee, philanthropist and Fellowship of Christians and Jews co-founder, dies" By William Kelly ) April 5, 2012〕 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 has two brothers: Richard S. Lee and Jonathan O. Lee.〔 Lee graduated from Harvard College in 1965 and went to work as an analyst in the institutional research department of L.F. Rothschild in New York. The next year, Lee went to work for the First National Bank of Boston, where he spent eight years ultimately rising to the rank of Vice President in 1973.〔(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 Dinner" ) May 9, 2006〕
Lee is said to have begun investing with a $150,000 inheritance.
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