type private llc industry private equity founded 1984 ; 32 years ago 1984 founder warren hellman tully friedman headquarters one maritime plaza san francisco california united states products leveraged buyout growth capital total assets 36 billion 1 number of employees 50 2011 website www.hf.com hellman & friedman llc h & f is an american private equity firm founded in 1984 by warren hellman 2 3 and tully friedman that makes investments primarily through leveraged buyouts and minority growth capital investments . h & f has focused its efforts on several core target industries including media financial services professional services and information services . the firm tends to avoid asset intensive or other industrial businesses e.g. manufacturing chemicals transportation . h & f is based in san francisco with offices in new york and london . as of 2011 h & f employed approximately 50 investment professionals including 15 managing directors 6 principals and 13 associates as well as senior advisors and general counsels . contents 1 history 1.1 investment holdings 1.2 investment funds 2 references 3 external links history edit history of private equity and venture capital early history origins of modern private equity the 1980s leveraged buyout boom the 1990s leveraged buyout and the venture capital bubble the 2000s dot com bubble to the credit crunch v t e hellman & friedman was founded in 1984 by warren hellman and tully friedman . before h & f hellman was a founding partner of hellman ferri investment associates which would later be renamed matrix management company . today matrix is among the most prominent venture capital firms in the u.s. before that hellman worked in investment banking at lehman brothers where he served as president as well as head of the investment banking division and chairman of lehman corporation . tully friedman was formerly a managing director at salomon brothers . in 1997 friedman left the firm to found friedman fleischer & lowe a private equity firm also based in san francisco . investment holdings edit a core element in h & f s strategy is investing in growth opportunities whether in an industry sector or a specific company . h & f invests in a variety of structures frequently making minority investments with only limited controls . h & f views its willingness to accept minority positions as the competitive advantage while acknowledging the inherent risks associated with a minority position . citation needed additionally h & f has taken a number of unconventional steps to finance and close transactions including arranging and syndicating the financing for several investments including getty images and goodman global . 4 since closing its sixth private equity fund in 2007 h & f has been active in making new investments doubleclick 5 6 goodman global 7 gartmore 8 texas genco 9 grosvenor capital management 10 edelman financial services nielsen company 11 nasdaq 12 internet brands 13 openlink 14 ppd 15 ssp holdings 16 web reservations international hostelworld 17 in august 2013 the firm acquired canada s largest insurance broker hub international for around 4.4 billion . 18 in march 2014 the firm acquired renaissance learning a firm providing assessment methods such as electronic tests that adapt questions in real time depending on how successfully the student is answering for 1.1 billion in cash . 19 in february 2015 it was announced that hellman & friedman were putting together a takeover bid for used car company auto trader which could amount to an offer of 2 billion . 20 investment funds edit h & f invests through a series of private equity funds structured as limited partnerships and its investors include a variety of pension funds endowments and other institutional investors 1984 hellman & friedman i 1991 hellman & friedman ii 826 million 1995 hellman & friedman iii 1.5 billion 2000 hellman & friedman iv 2.2 billion 2004 hellman & friedman v 3.5 billion 2007 hellman & friedman vi 8.4 billion 21 2011 hellman & friedman vii 8.8 billion 22 2014 hellman & friedman viii 10.9 billion 23 source preqin 24 25 references edit capital raised since inception in 1984 bloomberg business . bloomberg.com . retrieved 19 january 2016 . a casual approach to success warren hellman harvard business school bulletin financing without banks wsj.com february 25 2008 doubleclick agrees to be acquired by hellman & friedman new york times 2005 closing letter to counsel for hellman & friedman capital partners federal trade commission maker of heating systems is bought for 1.8 billion new york times october 23 2007 world business briefing europe britain hedge fund manager acquired new york times 2006 the deal that even awed them in houston new york times november 23 2005 hellman to take stake in grosvenor new york times 2007 buyout bid for parent of nielsen new york times 2006 firm pays 240 million for 9.8 % stake in nasdaq new york times 2001 internet brands announcement . retrieved 19 january 2016 . http www.hf.com investments investments.aspx tag openlink http investor.ppdi.com releasedetail.cfm releaseid 610217 hellman & friedman llc and ssp holdings plc 23 july 2008 . hellman & friedman backs ssp holdings in a gbp198 million investment . retrieved 19 january 2016 . web reservations international acquired by hellmann & friedman hostelworld.com . hostelworld . retrieved 19 january 2016 . greg roumeliotis and tanya agrawal 5 august 2013 . hellman & friedman agrees to acquire hub in 4.4 billion deal . reuters . reuters editorial 13 march 2014 . hellman & friedman pays 1.1 billion for renaissance learning . reuters . retrieved 19 january 2016 . private equity firm hellman in auto trader bid . city a.m. retrieved 2015 02 02 . hellman & friedman closes 8.4 bln equity fund reuters 2007 1 pr newswire 2009 2 ft 2014 preqin about hellman & friedman . hellman & friedman . retrieved 19 january 2016 . external links edit official website hellman & friedman the deal journal pe firm of the quarter wsj.com 2008 v t e private equity and venture capital investment firms investment strategy venture growth mezzanine secondaries leveraged buyout history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s investors angel investor corporate venture capital commercial bank crowdfunding institutional investor insurance company investment bank endowment family office fund of funds high net worth individual merchant bank pension fund sovereign wealth fund private equity firms venture capital firms portfolio companies v t e largest private equity investment firms 3i group aac capital partners advent international alpinvest partners american capital apax partners apollo global management ares management bain capital bc partners berkshire partners the blackstone group bridgepoint capital candover the carlyle group ccmp capital cerberus capital management charterhouse capital partners cinven clayton dubilier & rice cvc capital partners doughty hanson & co encap investments eqt partners first reserve corporation fortress investment group general atlantic goldman sachs capital partners gtcr hellman & friedman h.i.g. capital jrk property holdings kkr trilantic capital partners leonard green & partners madison dearborn partners nordic capital oak investment partners oaktree capital management onex teachers private capital pacific equity partners pai partners permira providence equity partners sentinel capital partners silver lake partners summit partners sun capital partners ta associates terra firma capital partners thomas h. lee partners tpg capital warburg pincus welsh carson anderson & stowe private equity private equity firms venture capital firms portfolio companies retrieved from https en.wikipedia.org w index.php title hellman % 26 friedman & oldid 743698789 categories private equity firms of the united statescompanies based in san 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