Lovell Minnick Partners Announces Leadership Team Appointments

Jan 18 2018 | 4:48pm ET

Lovell Minnick Partners (LMP) has announced a series of leadership team and new partner appointments.

According to the firm, the series of moves are designed to further evolve its management and governance structure and to address continued firm growth over the long-term.

Steven Pierson and Robert Belke are named as managing partners of LMP, with responsibility for managing the daily business, overseeing finance, operations, and investor relations, and continuing to grow the team and resources over time. 

Pierson joined LMP in 2016 and opened the firm’s New York City office. Prior to joining the firm, Pierson served as the head of FIG Investment Banking Americas and global head of financial technology & services at UBS.

Belke joined LMP in 2000, one year after the firm’s inception. Belke currently works at the firm’s Los Angeles office. He has spent most of his career with LMP, where he has been involved with helping to build and accelerate the growth of many of the firm’s portfolio companies during the past two decades.

LMP also announced the promotion of Brad Armstrong, Jason Barg and Trevor Rich to partners. The three executives had most recently served as principals and have each been with the firm for eight years.

Armstrong joined the Philadelphia office of LMP in 2009. Prior to joining LMP, he was part of the Financial Institutions Group at Bank of America Merrill Lynch, where he focused on merger and acquisition and capital raising transactions for the firm’s investment banking clients.

Barg joined the Philadelphia office of LMP in 2010. Prior to LMP, he was a part of the Goldman Sachs’ Financial Institutions Group.

Rich joined the Los Angeles office of LMP in 2010. Before joining LMP, he was on the corporate development team at Morgan Stanley and participated in the evaluation and execution of strategic transactions.

"These changes ensure the successful continuity of our strong financial and business services franchise through a new leadership structure that positions LMP for further growth over the next 20 years,” said Co-founder Jeffrey Lovell. “They will improve our organizational management processes, better align the firm’s decision-making resources, and strengthen our teamwork culture.”

 Lovell Minnick Partners is a private equity firm specializing in asset management, wealth management,  financial and insurance technology, product distribution and insurance brokerage and services. Since its inception in 1999, LMP has raised $1.75 billion of committed capital and completed more than 45 portfolio company investments.

 


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