Leeds Equity Partners Appoints Andrew Hermalyn as Operating Partner
People | Mar 03, 2025 | Leeds Equity Partners
Leeds Equity Partners, a private equity firm based in New York, has appointed Andrew Hermalyn as its new Operating Partner. Hermalyn brings nearly two decades of experience in the education sector, notably contributing to the growth and global expansion of 2U, Inc., a prominent online education company. In his new role, Hermalyn will focus on sourcing and evaluating investment opportunities, working closely with portfolio companies to foster innovation and sustainable growth. Leeds Equity specializes in investing within the Knowledge Industries, managing approximately $6 billion in capital and aims to leverage sector-focused expertise to generate long-term value.
Sectors
- Private Equity
- Education
Geography
- United States – Leeds Equity Partners is based in New York, and Andrew Hermalyn's previous experience with 2U, Inc. reflects significant activity within the U.S.
Industry
- Private Equity – Leeds Equity Partners is involved in private equity investments focused on the Knowledge Industries.
- Education – Andrew Hermalyn has extensive experience in the education sector, which aligns with Leeds Equity Partners' investment focus.
Financials
- $6 billion – The approximate amount of capital managed by Leeds Equity Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Leeds Equity Partners | Private Equity Firm | Company | A New York-based private equity firm focused exclusively on the Knowledge Industries. |
| Andrew Hermalyn | Operating Partner | Person | Newly appointed Operating Partner at Leeds Equity Partners with extensive experience in the education industry. |
| 2U, Inc. | Former Employer | Company | A leading online education company where Andrew Hermalyn previously held executive positions. |