GI Partners hires Bain & Company veteran in wake of $2bn fundraising success


meeting room board room staff executiveMid-market US buyout house GI Partners has hired former Bain & Company veteran Travis Pearson as a managing director.

Pearson spent 15 years at the consulting firm working for clients in the technology, media, telecommunications, consumer and retail sectors, as well as for private equity.

Most recently he was the regional practice leader for technology in the Americas.

GI founder and executive managing director Rick Magnuson said, “We are delighted to welcome Travis to the firm.

“He previously advised GI on several of our successful investments in IT infrastructure, healthcare, and retail.

“As a member of the team, he will further enhance our operationally focused investment approach by providing strategic advice for existing investments, as well as new investment opportunities.

“His deep domain knowledge and network will be tremendous resources for our investment professionals and portfolio company executives.

Last month GI Partners hit a $2bn hard cap final close for its latest buyout fund, tripling the total it has raised since inception in a single blow.

The firm was initially targeting $1.5bn for Fund IV, but AltAssets revealed in January it had already bested that mark as thoughts turned to its hard cap.

GI said the vehicle would be used to continue its strategy of making control-oriented, deep-value investments in companies in the North American mid-market.

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