BDT & MSD Partners

BDT & MSD Partners
Type	Private
Industry	Financial services
Predecessor	BDT & Company; MSD Partners
Founded	January 2023
Headquarters	Equitable Building, Chicago, U.S.; One Vanderbilt, New York City, U.S.
Key people	Byron Trott (Chairman and co-CEO); Gregg Lemkau (co-CEO)
Products	Investment banking; Private equity
AUM	US$50 billion (2023)
Website	bdtmsd.com
	Footnotes / references; [1]

BDT & MSD Partners (BDT & MSD) is an American merchant bank that is co-headquartered in Chicago and New York City. The firm has both an advisory platform and an investment platform.

Background

In January 2023, BDT & MSD was formed from the merger of BDT & Company, a merchant bank founded by Byron Trott that provides advice and capital to family and founder-led companies and MSD Partners, an investment firm that manages the wealth of Michael Dell and his family.[2][3][4]

Trott is currently the Chairman and co-CEO of the firm while Gregg Lemkau who was previously CEO of MSD Partners is the other co-CEO.[2][3][4]

Dina Powell left Goldman Sachs to join the firm in May 2023.[5]

BDT & MSD is co-headquartered in Chicago and New York City with additional offices in Los Angeles, Dallas, and elsewhere.

References

"BDT & MSD PARTNERS, LLC". brokercheck.finra.org.
Gottfried, Miriam (20 October 2022). "BDT to Merge With MSD Partners, Form New Investment and Advisory Firm". Wall Street Journal. Retrieved 7 June 2023.
Fontanella-Khan, James; Gara, Antoine; Indap, Sujeet (20 October 2022). "Michael Dell-backed investment group merges with Warren Buffett's favoured advisory firm". Financial Times. Retrieved 7 June 2023.
Dorbian, Iris (17 January 2023). "BDT and MSD Partners completes merger". PE Hub. Retrieved 7 June 2023.
Gottfried, Miriam; Andriotis, AnnaMaria (30 May 2023). "Goldman Sachs Executive Dina Powell McCormick to Depart for Merchant Bank". Wall Street Journal. Retrieved 7 June 2023.

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[1] "BDT & MSD PARTNERS, LLC". brokercheck.finra.org.

[:0-2] Gottfried, Miriam (20 October 2022). "BDT to Merge With MSD Partners, Form New Investment and Advisory Firm". Wall Street Journal. Retrieved 7 June 2023.

[ft_merger-3] Fontanella-Khan, James; Gara, Antoine; Indap, Sujeet (20 October 2022). "Michael Dell-backed investment group merges with Warren Buffett's favoured advisory firm". Financial Times. Retrieved 7 June 2023.

[pe_hub_merger-4] Dorbian, Iris (17 January 2023). "BDT and MSD Partners completes merger". PE Hub. Retrieved 7 June 2023.

[wsj_dina-5] Gottfried, Miriam; Andriotis, AnnaMaria (30 May 2023). "Goldman Sachs Executive Dina Powell McCormick to Depart for Merchant Bank". Wall Street Journal. Retrieved 7 June 2023.