LOS ANGELES, April 28, 2014 /PRNewswire/ -- Leonard Green & Partners, L.P. ("LGP") announced today that Peter J. Nolan, Managing Partner, will transition to Senior Advisor effective May 1, 2014. Mr. Nolan has made this decision so that he will be free to spend more time on his philanthropic and other interests. He will maintain an office at LGP and will continue to serve on the boards of several portfolio companies. "Peter has been a trusted friend and a colleague for 28 years, and in his capacity as a Senior Advisor, we will continue to benefit from Peter's wisdom, experience and stature in the business community," said John G. Danhakl, Managing Partner. "We wish him great success with his new endeavors, and at the same time, we are gratified that he intends to remain in the LGP family for years to come," said Jonathan D. Sokoloff, Managing Partner. Mr. Nolan said, "It has been a privilege to work with extraordinary partners and colleagues, loyal investors, and some of the most talented executives in the world at our portfolio companies. Leonard Green's success is a testament to the collective contribution of all of our stakeholders. I look forward to continuing the relationships I have built over the past three decades while beginning a new chapter."
Founded in 1989, Leonard Green & Partners, L.P. is one of the nation's leading private equity firms. Since inception, the firm has invested in 70 companies with aggregate value of $74 billion.
Erika C. Spitzer
Head of Investor Relations
Leonard Green & Partners, L.P.
SOURCE Leonard Green & Partners, L.P.