July 2023Two Berkshire Partners Managing Directors Selected by GrowthCap for the “Top Women Leaders in Growth Investing of 2023” Award
Marni Payne and Beth Hoffman Recognized for their Firm and Industry Leadership
BOSTON – July 27, 2023 – Berkshire Partners is pleased to announce Managing Directors Marni Payne and Beth Hoffman have been named to GrowthCap’s list of the Top Women Leaders in Growth Investing of 2023.
Since joining Berkshire in 2000, Payne has made significant contributions to the firm and its consumer-focused investments. She has led numerous teams and investments in companies such as Mielle Organics, Aritzia, and CrossFit. Payne is active in various charitable activities including the National Multiple Sclerosis Society where she served as a board member. Before joining Berkshire, Payne was an Associate at McKinsey & Co. She received a B.A. from Dartmouth College, and an M.B.A. from Harvard Business School.
“Female representation and leadership in private equity investing continues to increase, and Beth and I are honored to be recognized,” said Payne. “Berkshire’s collaborative and team-focused culture, which supports the progression of women leaders internally and within our portfolio companies, is just one of the things I admire and respect about our firm.”
Hoffman has had a significant impact on the firm and its portfolio companies since joining Berkshire in 2003. She has displayed her expertise across the firm’s communications and digital infrastructure investments with companies such as Masergy, MedOne, Point Broadband, Telx, Tower Development Corp. (TDC), and Vapor IO. Hoffman is a Member of the Boston Children’s Hospital Trust, as well as its Nominating Committee. She is also a member of the Kellogg School of Management Private Equity Advisory Council. Prior to joining Berkshire, Hoffman worked for venture capital firm Sprout Group and began her career as an analyst at Morgan Stanley. She has a B.A. from Macalester College, and an M.B.A. from Kellogg School of Management at Northwestern University.
“Berkshire Partners has many outstanding women leaders who Marni and I feel fortunate to work and collaborate with,” said Hoffman. “Marni and I both acknowledge the importance of providing mentorship to the rising generation of women leaders in private equity investing, and we look forward to providing guidance to our strong roster of rising female professionals at the firm.”
To view the full list of those recognized as GrowthCap’s 2023 list of top women leaders in growth investing, click here.
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 technology & communications, consumer, healthcare, and services & industrials. 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.
The firm’s Stockbridge and Private Equity teams frequently collaborate and leverage their collective industry expertise across sectors. For additional information, visit www.berkshirepartners.com.
Award issued on July 27, 2023, and covering the period of July 2023 through July 2024. A fee was paid for these award entries; however, no compensation was paid in connection with the ranking or award.