Private equity firm Lovell Minnick Partners has promoted Jason S. Barg and Trevor C. Rich to principal. Barg first joined the firm in 2010 from Goldman Sachs while Rich joined the firm the same year from Morgan Stanley.
RADNOR, Pennsylvania, June 9, 2014 – Lovell Minnick Partners LLC, an independent private equity firm providing buyout and growth capital to companies in the financial services industry, is pleased to announce the promotions of Jason S. Barg and Trevor C. Rich to Principal. Lovell Minnick Partners, which has offices in the Philadelphia and Los Angeles areas, has raised over $1.1 billion in committed capital.
Messrs. Barg and Rich are members of the investment team that is completing the investment of Lovell Minnick Equity Partners III LP. They have been involved with portfolio companies such as HD Vest Financial Services, Kanaly Trust, Keane, Matthews International Capital Management, Mercer Advisors, and TriState Capital.
Mr. Barg joined the firm’s Pennsylvania office in 2010 from Goldman Sachs’ Financial Institutions Group, where he was an Investment Banking Associate. Mr. Barg is a CPA who began his career in forensic accounting at PricewaterhouseCoopers. Mr. Barg received his MBA from the Wharton School of Business and holds a Bachelor of Science in Business Administration from Penn State University.
Mr. Rich joined the firm’s California office in 2010 from Morgan Stanley’s Strategic Acquisitions Group where he was an Analyst evaluating corporate acquisitions and divestitures. Prior to Morgan Stanley, he was an Analyst in J.P. Morgan’s investment banking group. Mr. Rich received his MBA from the Wharton School of Business and holds a Bachelor of Arts in Economics from Brigham Young University.
“Jason and Trevor have made significant contributions to our firm over the past several years and successfully led our due diligence efforts on several new investments. Each has proven himself to be a highly skilled private equity professional and will be an important part of our future,” noted Chairman Jeffrey Lovell.
About Lovell Minnick Partners
Lovell Minnick Partners LLC is an independent, management-owned private equity firm providing buyout and growth capital to companies in the financial services industry. From offices in the Philadelphia and Los Angeles areas, Lovell Minnick manages private equity partnerships that have raised over $1.1 billion in committed capital. For more information regarding Lovell Minnick Partners and its portfolio companies, please visit www.lovellminnick.com.
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