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Elevation Partners

Company

Investment-firm

Financing round

General

About Company
Elevation Partners is a private equity firm investing in media and entertainment businesses.

Industry

Sector :

Subsector :

founded date

01.01.2004

Number of employees

IPO status

Private

Description

Elevation Partners is a North American private equity firm based in New York that focuses on making large-scale investments in market-leading media, entertainment, and consumer-related businesses. The fund, founded by Bret Pearlman, Fred Anderson, Marc Bodnick, Paul Hewson (Bono), and Roger McNamee, has a portfolio of successful startups including Facebook, Sonos, and Palm. Elevation Partners prefers to invest in startups that are 6-10 years old and have a smaller number of founders. The fund has a strong interest in the Mobile and Internet sectors and primarily invests in the United States. Elevation Partners stands out with its higher average lead investment amount compared to other organizations. The fund typically participates in less than 2 investment rounds per year and has a higher rate of exits. Elevation Partners typically invests in rounds with 3-4 participants and focuses on deals ranging from $10 million to $50 million. The fund often co-invests with North Bridge Venture Partners & Growth Equity, FLOODGATE, and e.ventures. In the same investment round, Elevation Partners has partnered with sponsors such as FLOODGATE, Yaletown Partners, and Silver Creek Ventures.
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People

Founders
5
Fred Anderson
Fred Anderson

Fred Anderson

Fred Anderson is a Managing Director and Co-Founder of Elevation Partners, a private equity firm focused on the media and entertainment industry, since July 2004. From March 1996 to June 2004, Fred served as Executive Vice President and Chief Financial Officer of Apple Inc., a manufacturer of personal computers and related software. Prior to joining Apple, Fred was Corporate Vice President and Chief Financial Officer of Automatic Data Processing, Inc., an electronic transaction processing firm, from August 1992 to March 1996. Fred is a Member of the Board of Directors at Yelp since February 2011. Fred also served as a Member of the Board of Directors at Apple from June 2004 to June 2006, E.Piphany, Inc. from May 2003 to September 2005 and Palm, Inc. from September 2007 to July 2010. Fred also serves as a Member of the Board of Directors at eBay, Inc. and Move, Inc. Fred previously served as a Member of the Board of Directors of Crystal Decisions, 3COM and Sonos. Fred is a Trustee of Whittier College. Fred holds a B.A. from Whittier College and an MBA degree from the University of California, Los Angeles.

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Fred Anderson

Marc Bodnick
Marc Bodnick

Marc Bodnick

Marc Bodnick was Quora's first business leader and led the company's business and community teams from 2011-16. Prior to that, he was a Managing Director and Co-Founder of Elevation Partners where he helped lead the firm's investments in Facebook and Yelp.

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Marc Bodnick

Paul Hewson (Bono)
Paul Hewson (Bono)

Paul Hewson (Bono)

The lead singer of Irish rock band U2, Bono was born Paul David Hewson in Ballymun, Dublin. He met the Edge, Larry Mullen and Adam Clayton at school, and in 1978 the band was formed. Acknowledged as one of the best live acts in the world, U2 have sold over 140 million albums and won numerous awards, including 22 Grammys. Bono is also a well-known activist in the fight against AIDS and extreme poverty in Africa. In 2002, he co-founded DATA (debt, AIDS, trade, Africa) to raise public awareness of the issues in its name and influence government policy on Africa. In 2004, DATA helped to create ONE: The Campaign to Make Poverty History, an advocacy and campaigning organization dedicated to fighting extreme poverty and preventable disease. In early 2008, DATA and ONE combined operations under the name ONE. As part of his work with ONE, Bono has lobbied U.S. Presidents and Congressional leaders, along with the heads of many other G8 nations. In 2006, Bono and Bobby Shriver launched Product (RED) to raise money from businesses to buy AIDS drugs for people in Africa unable to afford them. Product (RED) has an ongoing relationship with a number of iconic global brands that sell (RED) products and donate a percentage of the profits directly to the Global Fund to Fight AIDS, Tuberculosis and Malaria. Bono also helped launch EDUN, an ethically-sourced high fashion clothing company run by his wife Ali Hewson; EDUN produces clothing in developing areas of the world, particularly in Africa. Bono has received a number of awards for his music and activism, including the Legion D’Honneur from the French Government in 2003, TIME Magazine’s Person of the Year for 2005 (along with Bill and Melinda Gates), and an honorary British knighthood in 2007. Bono lives in Dublin with Ali and their four children.

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The ONE Campaign

organization founded

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Paul Hewson (Bono)

Roger McNamee
Roger McNamee

Roger McNamee

Roger McNamee is a Managing Director and Co-Founder of Elevation Partners. Prior to Elevation, Roger was a co-founder of Silver Lake Partners, the leading private equity fund focused on technology and related growth industries. He was a member of Silver Lake Investment Committee and was involved in all aspects of that partnership. Prior to Silver Lake, Roger was a co-founder of [ntegral Capital Partners. Integral is a leading technology investor in late-stage venture and public company investments. Founded in 1991 by Roger, John A. Powell, and Kleiner Perkins Caufield & Byers, Integral pioneered the crossover investment strategy, which seeks maximum capital appreciation by making investments in expansion-stage private companies and growth-stage public companies in the technology and life science industries. Prior to founding Integral, Roger managed the T. Rowe Price Science & Technology Fund and co-managed the T. Rowe Price New Horizons Fund, which was at that time the largest emerging growth fund in the U.S. Roger serves as a trustee of Bryn Mawr College, an overseer of the Amos Tuck School of Business Administration at Dartmouth College, a director of the Rex Foundation, Move, Forbes Media LLC and Palm. Roger holds a B.A. from Yale College and an M.B.A. from the Amos Tuck School of Business Administration at Dartmouth College.

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Roger McNamee

Employee Profiles
25
Avie Tevanian

Avie Tevanian

Managing Director

Steve Vafier

Steve Vafier

Associate

Fred Anderson

Fred Anderson

Co-Founder & MD

Bret Pearlman

Bret Pearlman

Co-Founder & Managing Director

Adam Hopkins

Adam Hopkins

Managing Director

Martin Fichtner

Martin Fichtner

Principal

Ted Meisel

Ted Meisel

Senior Advisor

Sonia Shulman

Sonia Shulman

Staff Acountant

Activity

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