Jason Barg and Trevor Rich have joined Lovell Minnick Partners as senior associates. Barg will work in the firm’s Radnor, Penn. office, and previously was part of Goldman Sachs’ financial institutions group. Rich will be based in El Segundo, Calif., and was an alayst in Morgan Stanley’s strategic acquisitions group.
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 addition of Jason S. Barg and Trevor C. Rich as Senior Associates. Mr. Barg joins the firm’s Radnor, Pennsylvania office while Mr. Rich joins the firm’s El Segundo, California office.
Messrs. Barg and Rich are members of the investment team that has begun investing Lovell Minnick Equity Partners III LP, a recently closed $455 million fund. Each will evaluate new investment opportunities in the financial services industry as well as work with existing portfolio companies. Lovell Minnick Partners, which has offices in the Los Angeles and Philadelphia areas, manages private equity partnerships totaling $800 million.
Mr. Barg joins Lovell Minnick Partners from Goldman Sachs’ Financial Institutions Group, where he was an Investment Banking Associate advising clients on transactions involving commercial and trust banks, specialty finance companies and asset managers. Prior to Goldman Sachs, he was a Senior Associate in PricewaterhouseCoopers’ Forensics group, where he conducted investigations into corporate accounting irregularities on behalf of clients. 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 was previously employed as an Analyst at Morgan Stanley in its Strategic Acquisitions Group where he evaluated various corporate acquisition opportunities involving asset management firms, securities brokers, specialty finance companies, wealth management firms and related financial services firms. Prior to Morgan Stanley, he was an Analyst at JPMorgan in its Technology, Media, and Telecom Investment Banking Group. Mr. Rich recently received his MBA from the Wharton School of Business and holds a Bachelor of Arts in Economics from Brigham Young University.
“Jason and Trevor are important additions to our firm. Jason’s experience in specialty finance investment banking and forensic accounting are very complementary to our firm’s abilities and interests,” said James Minnick. “Trevor’s corporate acquisition background in asset management and securities brokerage is particularly valuable as we analyze opportunities in those sectors,” noted 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 Los Angeles and Philadelphia areas, Lovell Minnick manages private equity partnerships totaling $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.