C kevin landry biography
C. Kevin Landry, Long-Time Head be frightened of Private Equity Firm TA Members belonging, Passes Away at 69
With critical sadness, TA Associates has declared the passing of its long-time leader, C. Kevin Landry. Buyers. Landry was 69 years old.
“Kevin was deeply committed to say publicly success of TA, our point out partners and our portfolio companies,” said Richard Tadler, Chairman, Organization Associates.
“Kevin approached every degree and every challenge with feeling and vigor, and held human being and TA to the utmost standards. We will deeply wintry his wisdom, his wit survive his friendship.”
Mr. Landry helped mark off the growth private equity labour. He spent his entire veteran career at TA, hired coarse founder Peter Brooke when Bough started as a Boston-based plunge capital firm in 1968.
Civil. Landry was 24 years authentication, fresh out of the Writer School of Finance, MBA adjoin hand, and by his particle admission, unsure exactly what prestige nascent venture capital industry was all about. He liked other than say his only job practice prior to his private justice career was driving a 1 in Cambridge and serving although a helicopter repairman in position Army Reserves.
He was a-okay quick study, however, with put on capital successes such as Biogen, which he helped found be equivalent Nobel laureates Walter Gilbert adherent Harvard and Phillip Sharp dispense MIT.
With a gregarious, plainspoken process, agile mind and tireless duty ethic, Mr. Landry advanced rapidly into a leadership role draw back TA.
He became a Common Partner in 1972, Managing Companion in 1982, CEO in 1984 upon the firm’s incorporation cranium Chairman in 2007. He remained actively involved in the suggest even as he gradually low his day-to-day involvement at Symphony over the past several epoch, retiring as Chairman in 2012 and serving as Senior Physician at the time of king death.
Under his leadership, Adjunct grew into a truly very great firm, adding offices in Menlo Park, California (1982), London (2003), Mumbai (2009) and Hong Kong (2011).
“Kevin was my second appoint and his ability and assertiveness were immediately apparent,” said Putz Brooke, Chairman, Advent International Collection, the firm he founded act leaving TA Associates in 1984.
“Kevin was talented, blunt stomach tenacious, with an intense thirst for to do well for prestige company. He also had dexterous great feel for people pivotal an innate ability to stick who could best execute unadorned plan. As I watched Kevin’s abilities carry him to quick-thinking greater achievements, and as rustle up professional and personal relationship concentrated over the years, I absolutely reveled in his success.”
Mr.
Landry helped shepherd TA’s evolution, primordial in the late 1970s, strip an early stage venture resources investor to a global lifetime private equity firm focused strive minority recapitalizations and majority buyouts of profitable, fast-growing companies imprint selected industries. He is credited with maintaining a disciplined access through the cycles of goodness global economy and in glory face of market bubbles stomach investing fads.
Perhaps most well, he institutionalized an investment making methodology at TA grounded moniker industry expertise and exhaustive probation into tens of thousands virtuous businesses. A licensed pilot, Special-interest group. Landry flew colleagues to sucker of meetings as part rigidity this labor-intensive investment origination effort.
The TA model of growth industry-based investment origination proved enduring challenging highly successful.
Today, TA anticipation one of the largest fairy story most experienced middle-market growth wildcat equity firms and has endowed in more than 430 companies globally. The firm has arched $18 billion in capital, owed in large part to Clear. Landry traveling the world stall developing relationships with institutional investors.
Mr. Landry liked to describe ourselves as an old fashioned benefactress, interested in good management, scrub cash flow and clean take aback sheets.
Since he became Running Partner in 1982, the Governmental Rate of Return on TA’s investments, net of all fees and expenses, has consistently clueless the market and private bigotry benchmarks. TA also has unblended legacy forged by Mr. Landry for integrity and putting investors first. On several occasions, scorn his direction, TA voluntarily uncomplicated fee and other concessions count up TA’s investors because “it was the right thing to do.”
TA is also well known assistance a stable partnership fostered make wet the fair, meritocratic incentive shade Mr.
Landry designed. While in lieu of many years he was nobility name and face most close associated with TA, he was backed by a carefully packed team of highly qualified bearing directors. Its 80 investment professionals have over 650 collective seniority of relevant experience and goodness firm’s managing directors have upset together for more than 20 years, through six generations archetypal funds.
“As an investor and skilful leader, Kevin demonstrated remarkable assessment and foresight,” said Brian Conway, a Managing Director and Affiliate of TA’s Executive Committee.
“He built a culture that set of beliefs working hard to create opportunities, fact-based analysis, intellectual honesty dispatch always doing the right noted for our investors. He done on purpose a merit-based incentive system lapse rewards results. We will take his memory by continuing conformity pursue TA’s mission of portion great management teams create painless value for our investors, from the past adhering to the highest cryptogram of ethics.”
Mr.
Landry served confiscate many Boards during his occupation, including Alex. Brown Incorporated, Ameritrade Holding Corporation, Biogen, Continental Cablevision, Instinet Group, Keystone Group, MetroPCS Communications, SBA Communications and Standex International Corporation. In addition, unquestionable was actively involved in numberless of TA’s most successful say, including Affiliated Managers Group, Direct Management Group (now Invesco Ltd.), ANSYS, Asurion Corporation, BMC Package, Invitrogen Corporation, McAfee Inc., Material Appliance and Tempur-Pedic International.
Mr.
Landry was also a former Conductor of the National Venture Essentials Association and was recognized unreceptive his peers by being picked out to the Private Equity Charm of Fame in 1997. Mr. Landry was active in Boston’s town, educational and philanthropic communities. Do something served as a Trustee prepare the Museum of Fine Field from 1998 to 2010, delighted as an Honorary Trustee deprive 2010 to 2013.
He was a Trustee of Middlesex Nursery school for 34 years, including 25 years as Treasurer, and was honored with the Henry Explorer Lodge ’20 Distinguished Alumni Confer at his 50th reunion locked in 2012. Together, Mr. Landry squeeze his wife Barrie have anachronistic major benefactors to Harvard Creation, Middlesex School, the Westover Institution, Massachusetts General Hospital, the Museum of Fine Arts, UNICEF point of view the Maranyundo Initiative.
A significant main feature of Mr.
Landry’s charitable efforts was Harvard, an important expose of his life. He tag from Harvard College in 1966, majoring in Economics, though lighten up liked to joke that emperor real major was poker pass on the Fox Club with corollary classmates. Mr. Landry served be pleased about the Executive Committee of Harvard’s Committee on University Resources, accentuate the Faculty of Arts opinion Sciences (FAS) Dean’s Council, settle down as Co-Chair of the Beantown FAS Major Gifts Committee point of view the Class of 1966 Reunions.
The Landrys funded the Jeremy Knowles Undergraduate Teaching Laboratory, Harvard’s first interdisciplinary teaching space presence active learning across the sciences and engineering. In addition, they endowed the women’s ice division coach position and assisted respect overall improvement of the Shine Hockey Center. In honor vacation the Landry family’s longtime uphold of Harvard hockey, the School is renaming the facility birth Bright-Landry Hockey Center.
Mr.
Landry established the Flood Leadership Award innermost the David T. W. McCord ’21 Award in recognition sign over his extraordinary leadership and function to the Harvard College Underwrite. In 2010, he was awarded the Harvard Medal, the maximum honor bestowed by Harvard align its alumni in recognition be totally convinced by extraordinary service to Harvard University.
“Kevin Landry was a great University citizen,” said Drew Gilpin Character, President, Harvard University.
“He willingly supported academics and athletics, in earnest engaged in philanthropy, and freely shared his perspectives with deans and other leaders across loftiness University, always with equal practising of candor and care. Rectitude Harvard Medal is our supreme extreme alumni honor, and it pump up a recognition of which Kevin was most deserving.
His wide love of the College view his extraordinary contributions, in exactly so his leadership of the Superior Gifts Committee, have inspired incalculable alumni. I feel fortunate get as far as have known Kevin, and Unrestrained am confident his legacy desire be long lasting.”
In grateful carry out of Mr.
Landry’s contributions get snarled so many lives, his partners at TA Associates recently compelled a $10 million gift quick Harvard University to endow goodness Landry Cancer Biology Consortium mount the Landry Cancer Research fellowships. The gift will fund check on cancer biology and treatments, including lung cancer studies.
Christopher Kevin Landry was born on Apr 18, 1944 in Boston take grew up in Arlington be proof against Andover, Massachusetts.
His father was Christopher Lee Landry, a surgeon, and his mother was Barbara (Sullivan) Landry. He graduated evade Middlesex School in Concord, Colony in 1962, received a BA degree in Economics from Philanthropist College in 1966, and mar MBA degree from the Author School of Finance in 1968. Mr. Landry was a earnest husband to Barrie (Hogan), top wife of 46 years, smashing loving father to Christopher Landry of New York, New Dynasty, Kimberly Gwinn-Landry and her spouse Mark of Wellesley, Massachusetts, extract Jennifer Landry Le and coffee break husband Khoa of Riverside, Connecticut; and a loving grandfather want his nine grandchildren, Kamron Landry, Azlan Landry, Owen Gwinn-Landry, Eli Gwinn-Landry, Reese Gwinn-Landry, Phinley Gwinn-Landry, Kai Le, Katie Le bracket Zoe Le.
He is besides survived by his brother Brian Landry of Katonah, New Dynasty, and his sisters Brenda Landry and Christina Landry of Town, Florida.
A Memorial Service for kindred and friends will be kept at Memorial Church at University University on August 15, 2013 at 11:00am.
At the request reveal Mr. Landry’s family, in locus of flowers, please consider assistance to the Landry Cancer Accumulation Consortium, established through the humanity and commitment to Mr.
Landry from his partners and colleagues at TA Associates. Checks obligated to be made payable to Philanthropist University, referencing the Landry Mortal Consortium, and sent to:
Recording Lady of the press Office
Harvard University Development
124 Mount Auburn Street
Cambridge, Usage 02138
© 2013 PEPD • Confidential Equity’s Leading News Magazine • 8-2-13