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Billionaire Thomas H. Lee’s family announced that the leveraged-buyout pioneer has died at 78, with The New York Post reporting that he was found dead of a self-inflicted gunshot wound.
Private equity pioneer Thomas H. Lee has died at age 78.
Lee ran Boston-based Thomas H. Lee Partners from 1974 until 2006.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Thomas H. Lee Partners (THL), a premier private equity firm investing in middle-market growth companies, announced the successful final close of its ninth flagship fund, Thomas H. Lee Equity Fund IX (Fund IX), at its hard cap with $5.6 billion in capital commitments.