Portrait of Lauren Leichtman

Rank #2982

Lauren Leichtman

Net worth $1.3B

Private equity · United States

Born
Nov 03, 1949
Age
76
Source
Private equity
Residence
Miami, Florida
Citizenship
United States
Marital status
Married
Children
3
Education
Bachelor of Arts/Science, California State University, Northridge; LLM, Columbia Law School; JD, Southwestern University School of Law

Net worth over time

Biography

  • Lauren Leichtman cofounded the buyout firm Levine Leichtman Capital Partners with her husband Arthur Levine in 1984, five years after the couple got married.
  • LLCP has managed $16.4 billion of institutional capital across 15 funds since inception, and currently manages $11 billion in assets.
  • The firm's target sectors include business services, franchising, education and training, and engineered products and manufacturing.
  • Successful exits have included Tropical Smoothie Cafe, Wetzel's Pretzels and Nothing Bundt Cakes.
  • Prior to entering private equity, Leichtman worked as a lawyer, including with the enforcement division of the U.S. Securities and Exchange Commission.
  • As a couple, Leichtman and Levine share a fortune worth an estimated $2.6 billion.
  • In October 2024, Leichtman and Levine bought the National Women's Soccer League's San Diego Wave FC for $113 million.