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Writer's pictureMatt Ting

Why Hellman & Friedman for Private Equity? / Overview of Hellman & Friedman

If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course, which help thousands of candidates land top jobs every year.



Overview

Hellman & Friedman is an American private equity firm that manages over $120B in AUM.

The firm has offices in San Francisco, New York, and London. Hellman & Friedman is respected as one of the best private equity investors in the industry and has a long and successful history.

Hellman & Friedman focuses on investing in media, financial services, professional services, and information services. They focus on purchasing distinctive market-leading companies.

Hellman & Friedman Overview


Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Hellman & Friedman, you should make sure you know:


  • 1 deal that the investment team you are recruiting with has done

  • 1 person at the firm (ideally someone who would have influence over your recruiting process)

  • 1 business model-specific detail to mention


We explain how to answer qualitative questions and research private equity firms in our Private Equity Course. We also teach how to build LBO models and prepare for case study interviews.



Big 3 Qualitative Questions




Selected Transaction


Hellman & Friedman led a group of investors to purchase major customer support and sales SaaS company Zendesk.

  • Transaction Description: An investor group led by Hellman & Friedman LLC entered into a definitive agreement to acquire Zendesk, Inc. (NYSE:ZEN) from Capital World Investors, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), and others. Under the terms of the agreement, Zendesk shareholders will receive $77.5 per share.

  • Transaction Value: $10.2B, all-cash

  • Transaction Date: Announced June 2022

  • Press Release


Fact Sheet


Hellman & Friedman Logo


  • Company Name: Hellman & Friedman

  • Description: Hellman & Friedman LLC is an American private equity firm, founded by Warren Hellman and Tully Friedman, that makes investments primarily through leveraged buyouts as well as growth capital investments

  • Firm Category: Private Equity / Upper Middle Market

  • Ticker: Hellman & Friedman is a privately held company

  • Founded: 1984

  • Assets Under Management: $120B

  • Flagship Fund Size: Hellman & Friedman Capital Partners XI ($22B in 2024)

  • Chief Executive Officer: Patrick Healy

  • Headquarters: San Francisco, USA


Resources


Hellman & Friedman Glassdoor



Hellman & Friedman Salary


Based on the H1B Database, the average base salary for a Private Equity Associate at Hellman & Friedman is $100k - $150k.

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