Register to attend our next Industry Insights webcast, where NAIC President & CEO Robert L. Greene will lead an engaging discussion with Tony Lee, Co-Founder and Managing Partner of One Rock Capital Partners and member of the NAIC Board of Directors.
Lee co-founded One Rock Capital Partners in 2010 with R. Scott Spielvogel, after working together as Managing Directors at Ripplewood Holdings. One Rock is a value-oriented, operationally focused firm that seeks control-stake equity investments in middle-market companies in North America. With an investment committee that was 55% diverse as of December 2023, the firm’s leadership fosters a strong commitment to a culture of inclusion.
Lee has led One Rock through three very successful institutional fundraising campaigns: an inaugural fund that closed at $431.5 million in 2014, surpassing a $300 million target, a $964 million Fund II in 2017 that closed at its cap, and a $2.0 billion Fund III in 2021 that exceeded its $1.5 billion target. The firm’s many successful transactions include the 2018 sale of Airxcel, one of the largest suppliers of industry-leading branded products to the RV industry and niche segments of the industrial and commercial HVAC market, to L Catterton. Since its acquisition by One Rock in 2014, Airxcel had nearly doubled earnings through strong organic growth, internal operational improvements and the acquisition and integration of three highly complementary businesses.
Register today to learn more about this industry leader’s career journey and the opportunities Lee sees in the current market.