Warren (Renny) C. Smith, Jr., Board Member, is a Managing Director of TH Lee Putnam Ventures, where he is one of the four senior partners responsible for making mid-to-late stage venture capital investments. TH Lee Putnam Ventures was created in 1999 by the Thomas H. Lee Company and Putnam Investments. The fund has over $1.1 billion in capital available for investments and has partners located in New York, Boston and London.
From 1990 to 1999 Mr. Smith was one of the partners responsible for investing Thomas H. Lee Company's LBO Funds II, III and IV. In 1999, Mr. Smith helped found TH Lee Putnam Ventures and now spends the majority of his time investing the Venture Fund. He continues to be a Partner of the LBO funds, including the $6.1 billion Thomas H. Lee Equity Partners V fund raised in 2000.
From 1983 to 1990, Mr. Smith worked as a corporate finance generalist in the Investment Banking Division of Merrill Lynch & Co. At both the Thomas H. Lee Company and at Merrill Lynch, Mr. Smith has focused primarily on transactions in retailing and consumer products. Some of the investments in the Thomas H. Lee Company portfolio for which Mr. Smith was responsible, include Finlay Fine Jewelry, Thermoscan, Rayovac and Eye Care Centers of America.
Mr. Smith began his career as a lending officer with Manufacturer Hanover Trust Company, where he worked from 1978 to 1981. The lending group with which he worked specialized in LBO and financial buyer financings. The group evolved into Manufacturer Hanover's leveraged lending group (now part of J.P. Morgan Securities Financial Sponsor Coverage Group).
Mr. Smith currently serves as a director of Eye Care Centers of America, Inc., 4R Systems, Inc., Symphony Services Corp., BillMatrix Corp., and Parago, Inc.
Mr. Smith received a BA in Economics from Wesleyan University in 1978 and an MBA from The Amos Tuck School in 1983, where he serves on the Board of Advisors of the Tuck Center for Private Equity. |