Alan Warrick has joined Lovell Minnick Partners, a private equity firm focused on the financial services sector, as a senior advisor. He previously was managing director of strategic business development for AEGON USA Financial Services Group and previously was CEO of Transamerica Worksite Marketing (a member of the AEGON Group).
PRESS RELEASE
Alan F. Warrick has joined Lovell Minnick Partners LLC, an independent private equity firm providing buyout and growth capital to companies in the financial services industry, as a Senior Advisor.
As Senior Advisor, Mr. Warrick will assist and advise Lovell Minnick’s investment professionals in deal sourcing, due diligence and evaluation, with specific focus on financial product distribution strategies. Lovell Minnick Partners anticipates selectively adding other Senior Advisors to join Mr. Warrick in this new effort.
Mr. Warrick joins Lovell Minnick from AEGON, the global life insurance and asset management enterprise, where he spent the past 15 years in a variety of executive roles. Most recently, Mr. Warrick served as a Managing Director for Strategic Business Development in AEGON USA Financial Services Group and prior to that he was the Chief Executive Officer of Transamerica Worksite Marketing (a member of the AEGON Group). During his tenure at AEGON, Mr. Warrick was responsible for establishing distribution relationships with major national and regional securities brokerage firms, the introduction of AEGON’s insurance products in the Chinese market, and the expansion of AEGON’s voluntary employee benefit programs to major mid-market and fortune 500 companies, amongst other things. Earlier in his career, Mr. Warrick held various executive positions at Merrill Lynch. Mr. Warrick holds a BA in economics from the University of Arkansas.
“Alan’s extensive financial services background along with his expertise in financial product distribution will provide Lovell Minnick with valuable industry insights as we seek investments for our new fund,” said Jeffrey D. Lovell, Chairman and Managing Director of Lovell Minnick Partners.
Alan Warrick noted, “I have known the Lovell Minnick principals for many years and have observed their superb investment performance and their industry specialization. I look forward to working alongside them during this interesting time for financial services firms.”
Lovell Minnick Partners is currently investing Lovell Minnick Equity Partners III LP which held its final closing in January. This $455 million partnership is focused on investments in the North American market in various financial segments, including asset management, financial planning, financial product distribution, specialty finance, securities brokerage, banking, outsourcing providers and related companies specializing in administration and business services.
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 Los Angeles and Philadelphia areas, Lovell Minnick manages private equity partnerships totaling over $800 million on behalf of qualified private and institutional investors. For more information regarding Lovell Minnick Partners and its portfolio companies, please visit www.lovellminnick.com.