SAN MATEO, Calif. – In a strategic move reflecting its deep commitment and co-leadership structure, Paine & Partners, LLC, a prominent global private equity firm specializing in sustainable food chain investments, has announced its rebranding to Paine Schwartz Partners, LLC. This change, effective immediately from February 9, 2017, signifies a natural evolution for the firm and reinforces its position as a leader in the agribusiness investment sector.
Alongside the renaming, the firm has formalized its co-leadership. Dexter Paine, a founding partner who previously held the dual role of Chairman and Chief Executive Officer, will continue as Chairman. Kevin Schwartz, also a founding partner and formerly President, has been appointed as the Chief Executive Officer. This structural update highlights the collaborative approach that has been central to the firm’s success.
Paine Schwartz Partners builds upon a robust foundation of over 20 years of experience in the global food and agribusiness sectors. The firm and its predecessor have collectively invested over $1 billion in these critical sectors within the last decade, marking them as one of the most active private equity investors in this space. Currently, they are deploying capital through their $893 million Paine Schwartz Food Chain Fund IV, formerly known as Paine & Partners Capital Fund IV, further demonstrating their ongoing commitment.
Both Mr. Paine and Mr. Schwartz will jointly steer the firm’s strategic direction, investment activities, and overall operations. They are supported by a strong partnership including Angelos Dassios and David Buckeridge, along with a dedicated team of 25 investment and operating professionals. Recent strategic hires have further strengthened the team, bringing in additional industry-specific knowledge and operational expertise.
“This announcement marks a natural progression for our firm, and we are thrilled to move forward as Paine Schwartz Partners, the preeminent investor in the global food chain,” stated Mr. Paine. He further emphasized Mr. Schwartz’s integral role in shaping their focused strategy: “Kevin has been instrumental in our strategic focus on the food and agribusiness sectors, and I am eager to continue our partnership with him as he steps into the CEO role. As Paine Schwartz Partners embarks on this new chapter, our team of investment and operating professionals remains dedicated to leveraging our deep industry expertise to identify and capitalize on key investment opportunities throughout the food and agribusiness value chain.”
Mr. Schwartz added, “Our firm’s value creation strategy is rooted in a thesis-driven approach, allowing us to pinpoint emerging investment opportunities and collaborate closely with the management teams of our portfolio companies to enhance performance. I am enthusiastic about building upon our leadership in agribusiness investing and continuing to work alongside Dexter, Angelos, David, and our talented team of investment and operating professionals.”
To coincide with the rebranding, Paine Schwartz Partners has launched a new logo and an updated website, accessible at www.paineschwartz.com.
About Paine Schwartz Partners
Paine Schwartz Partners stands as a global leader in food chain investing. As a private equity firm, they concentrate on investment opportunities within the rapidly evolving and dynamic global food and agribusiness sectors. Their team of investment, operations, and finance experts actively invests across various cycles throughout the food and agribusiness value chain. They are known for their collaborative and hands-on management approach with portfolio companies. Currently, the firm invests through its $893 million Paine Schwartz Food Chain Fund IV, solely dedicated to agribusiness investments. For more information, please visit www.paineschwartz.com.
Contacts:
Andy Brimmer / Aaron Palash
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
SOURCE Paine Schwartz Partners
