Peter Brooke (businessman) explained

Peter Brooke
Birth Date:6 October 1929
Birth Place:Worcester, Massachusetts, US
Death Place:Concord, Massachusetts, US
Education:Harvard University (BA, MBA)
Occupation:Businessman
Known For:Founder of TA Associates, Advent International and Seavi Advent
Children:3 sons

Peter Albert Brooke (October 6, 1929 – April 1, 2020) was an American businessman, in private equity. Brooke founded TA Associates in 1968, and Advent International in 1984.

Early life

Brooke was born on October 6, 1929, in Worcester, Massachusetts, US, the only child of Percy Albert Brooke, a doctor born in England, and a nurse mother of Swedish ancestry.[1] [2]

Brooke was educated at Phillips Exeter Academy and Harvard College. He earned an MBA from Harvard Business School in 1954.

Career

In 1984, he founded Advent International, which has been called the first global private equity firm.[3]

In 1984, he also founded SEAVI Advent, the first private equity firm in South East Asia.[4]

Brooke retired as CEO of Advent in 1996. He is the co-founder (with his son, John Brooke) of Brooke Private Equity Associates (BPEA).[5]

Personal life

Brooke married Anne Russell in 1954, and they had three sons. Sam, Peter, and John. Sam is an architect, Peter is an artist, and John works in private equity.[2] Anne died on October 13, 2016, from heart disease.[6] [7] Brooke lived in Concord, Boston and North Pomfret, Vermont.[6] He died in Concord on April 1, 2020, at the age of 90.[8]

Notes and References

  1. Web site: Staff . Bryan Marquard Globe . Peter A. Brooke, dean of Boston's venture capitalists, dies at 90 - The Boston Globe . 2022-03-18 . BostonGlobe.com . en-US.
  2. News: Kolker . Carole . Oral History interview with Peter A. Brooke . 7 November 2019 . NVCA Oral History Collection . 2010.
  3. News: Aisner . James E. . Alumni Achievement Awards 2000: Peter A. Brooke . 7 November 2019 . Harvard Business School . 9 May 2000.
  4. Web site: About Us SEAVI ADVENT. 2020-10-08. seavi.com.sg.
  5. Web site: Peter Brooke: Co-Founder . Brooke Private Equity Associates.
  6. News: Anne Brooke, Former FOPG Chair, Succumbs to Illness . 7 November 2019 . The Boston Sun . October 21, 2016.
  7. Web site: Anne Brooke, 84; philanthropist helped transform Boston, Concord - The Boston Globe. BostonGlobe.com. en-US. 2020-03-31.
  8. Web site: Peter Brooke Obituary . concordfuneral.tributes.com . April 10, 2020.