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December 2024Berkshire Partners Announces Two New Managing Directors

BOSTON – December 17, 2024 – Berkshire Partners, a growth-oriented investor in private and public markets, announced today that Liz Bride and Whitney Kelly have been appointed Managing Directors of the firm.

Liz Bride joined the firm in 2018 and has been an integral part of the Investor Relations team, primarily focused on Stockbridge, the firm’s public equity group. Liz also played an important role in raising the private equity business’s Fund XI, its largest ever, which closed in October 2024 with $7.8 billion in capital commitments.

Prior to joining Berkshire, Liz was Chief Operating Officer at Guidepost Growth Equity and held positions in investor relations at Bain Capital. She received an M.B.A. from the Tuck School of Business at Dartmouth.

“Since her arrival at the firm, Liz has been instrumental in leading our investor relations efforts for Stockbridge in addition to her close collaboration with our private equity team,” said Anil Seetharam, Managing Director at Berkshire Partners. "Liz has been an exemplary ambassador for the firm, earning the trust of our limited partners through her dedication, intelligence, and commitment to excellence. We are proud of Liz’s many accomplishments and look forward to the continued leadership, drive, and vision she brings to the firm.”

Whitney Kelly joined the firm’s private equity team in 2012. As a key member of the Healthcare team, she currently serves on the boards of Vital Care Infusion Services and PurFoods. She also works closely with Ensemble Health Partners, IVC Evidensia, and Precision Medicine Group.

Prior to joining Berkshire, Whitney worked in investment banking at J.P. Morgan. She received an M.B.A. from Harvard Business School.

“We’re thrilled to announce Whitney’s well-deserved promotion to Managing Director. With her deep healthcare expertise, Whitney is widely regarded as a trusted advisor by the leadership at our portfolio companies where she’s played a key role in driving meaningful impact,” said Berkshire Partners Managing Director Chris Hadley. “In addition to her deep healthcare industry knowledge, Whitney also represents the best of Berkshire. She has a remarkable commitment to teamwork and collaboration within the firm and with our portfolio companies, which reflects our firm’s values.”

About Berkshire Partners

Berkshire Partners is a 100% employee-owned, multi-sector specialist investor in private and public equity. The firm’s private equity team invests in well-positioned, growing companies across business services & industrials, consumer, healthcare, and technology & communications. Berkshire recently announced the close of its 11th private equity fund – Fund XI – with approximately $7.8 billion in commitments. Since inception, Berkshire Partners has made more than 150 private equity investments and has a strong history of collaborating with management teams to grow the companies in which it invests. The firm's public equity group, Stockbridge, founded in 2007, manages a concentrated portfolio seeking attractive long-term investments. For additional information, visit www.berkshirepartners.com.