UNITED STATES – APRIL 29: Thomas Lee, president and chief government officer of Thomas H. Lee Capital LLC, listens through the Milken Institute World Convention 2008 in Los Angeles, California, U.S., on Tuesday, April 29, 2008. The annual convention brings collectively scientists, enterprise executives, philanthropists, journalists, lecturers and Nobel laureates to debate right this moment’s most urgent social, political and financial challenges, in line with the Institute’s Web page. (Picture by Jamie Rector/Bloomberg by way of Getty Photographs)
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American billionaire financier Thomas H. Lee, thought-about a pioneer of personal fairness funding and leveraged buyouts, died on the age of 78, his household mentioned in a press release on Thursday, with out noting the reason for his dying.
The New York Publish, citing unidentified police sources, reported Lee was found lifeless on Thursday morning at his Fifth Avenue Manhattan workplace, headquarters of his funding agency, from a self-inflicted gunshot wound.
In response to the Publish, he was discovered after police responded to an emergency-911 name round 11:10 a.m. (1610 GMT)
Reuters couldn’t instantly verify the reason for dying. The New York Police Division mentioned emergency medical service personnel responding to a 911 name on Fifth Avenue at about that point discovered a “male who was pronounced lifeless on the scene.”
Police gave no additional particulars, and mentioned town health worker’s workplace would decide the trigger and method of dying.
The coroner’s workplace couldn’t instantly be reached for remark.
“The household is extraordinarily saddened by Tom’s dying,” Lee’s household mentioned in a press release. “Our hearts are damaged. We ask that our privateness be revered and that we be allowed to grieve.”
Lee was the founder and chairman of Lee Fairness, which he shaped in 2006, and beforehand served as chairman and CEO of Thomas H. Lee Companions, which he based in 1974, in line with a biographical assertion launched by his household.
Over the previous 46 years, Lee was chargeable for investing greater than $15 billion of capital in lots of of transactions, together with the acquisition and subsequent gross sales of such model names as Snapple Drinks and Warner Music.
He was also called a philanthropist and trustee who served on the boards of many organizations, together with the Lincoln Middle, the Museum of Fashionable Artwork, Brandeis College, Harvard College and the Museum of Jewish Heritage.
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