BDT & MSD Partners
| Company type | Private |
|---|---|
| Industry | Financial services |
| Predecessor | BDT & Company MSD Partners |
| Founded | January 2023; 2 years ago (2023-01) |
| Headquarters | Equitable Building, Chicago, U.S. One Vanderbilt, New York City, U.S. |
Key people | Byron Trott (Chairman and co-CEO) Gregg Lemkau (co-CEO) |
| Products | Investment banking Private equity |
| AUM | US50ドル billion (2023) |
| Website | bdtmsd |
| Footnotes / references [1] | |
BDT & MSD Partners (BDT & MSD) is an American merchant bank that is co-headquartered in Chicago and New York City. The firm has both an advisory platform and an investment platform.
In June 2024, BDT & MSD Partners ranked 36th in Private Equity International 's PEI 300 ranking among the world's largest private equity firms.[2]
History
[edit ]In January 2023, BDT & MSD was formed from the merger of BDT & Company, a merchant bank founded by Byron Trott that provides advice and capital to family and founder-led companies, and MSD Partners, an investment firm that manages the wealth of Michael Dell and his family.[3] [4] [5]
Trott is currently the Chairman and co-CEO of the firm while Gregg Lemkau who was previously CEO of MSD Partners is the other co-CEO.[3] [4] [5]
Dina Powell left Goldman Sachs to join the firm in May 2023.[6]
BDT & MSD is co-headquartered in Chicago and New York City with additional offices in Santa Monica, Dallas, and elsewhere.[7]
In January 2025, Goldman Sachs Group veteran Greg Olafson joined BDT & MSD Partners as president, global credit officer and co-chief investment officer. Olafson joined Goldman in 2001 as an employee of its investment banking division and saw several achievements, including being selected as a partner in 2012.[8]
Investments and transactions
[edit ]The bank was a financial advisor for Metropolis Technologies' 1ドル.5 billion acquisition of SP Plus Corporation in 2023.[9] It has acquired a minority stake in Auberge Hotels.[10] In October 2024, the bank was part of a group of investors that acquired a majority stake in food manufacturer Badia Spices.[11] In December 2024, the bank participated in a 273ドル million investment into Shell Bay, a luxury condominium development near Miami.[12]
References
[edit ]- ^ "BDT & MSD PARTNERS, LLC". brokercheck.finra.org.
- ^ "2024 PEI 300 by Private Equity International - Infogram". infogram.com. Retrieved 2025年02月17日.
- ^ a b Gottfried, Miriam (20 October 2022). "BDT to Merge With MSD Partners, Form New Investment and Advisory Firm". Wall Street Journal. Retrieved 7 June 2023.
- ^ a b Fontanella-Khan, James; Gara, Antoine; Indap, Sujeet (20 October 2022). "Michael Dell-backed investment group merges with Warren Buffett's favoured advisory firm". Financial Times. Retrieved 7 June 2023.
- ^ a b Dorbian, Iris (17 January 2023). "BDT and MSD Partners completes merger". PE Hub. Retrieved 7 June 2023.
- ^ Gottfried, Miriam; Andriotis, AnnaMaria (30 May 2023). "Goldman Sachs Executive Dina Powell McCormick to Depart for Merchant Bank". Wall Street Journal. Retrieved 7 June 2023.
- ^ "BDT & MSD | Home". BDT & MSD. Retrieved 2023年10月30日.
- ^ "Goldman Veteran Olafson Joins BDT & MSD as President and Co-CIO". mint. 2025年01月16日. Archived from the original on 2025年02月12日. Retrieved 2025年02月17日.
- ^ "Parking platform Metropolis agrees to buy SP Plus for 1ドル.5 billion". Reuters. Archived from the original on 2023年10月08日. Retrieved 2024年12月13日.
- ^ Staff, T. R. D. (2024年02月06日). "Michael Dell affiliated investment firm buys minority stake in Auberge Resorts". The Real Deal. Retrieved 2024年12月13日.
- ^ "Badia Spices to sell majority stake to investors". Reuters.
- ^ "JPMorgan, BDT & MSD Lend 273ドル Million for Luxury Florida Condos". Bloomberg.com. 2024年11月20日. Retrieved 2024年12月13日.
- 2023 establishments in Illinois
- Companies based in Chicago
- Financial services companies established in 2022
- Financial services companies based in New York City
- Investment banks in the United States
- Investment management companies of the United States
- Private equity firms of the United States
- 2023 establishments in New York City