Topspin Partners LBOLP
Topspin is a follow-on fund to Topspin Partners, LP a $213 million Long Island-based venture capital and buyout fund that was founded in August 2000 by Leo Guthart and Jim Simons. Topspin Partners collaborates with promising young businesses in various industries, applying a long-term mindset to the creation of company value. They support diverse stakeholders founders, family owners, management teams, sponsors and merchant bankers – establish a wide array of financial and operating objectives. Topspin Partners oversee the entire investment process from preliminary organization to their eventual exit. Topspin’s principals have considerable operating experience. Rather than focusing on their eventual exit from each company, Topspin Partners aim to employ their skills to build enduring companies.
Prior to founding Topspin Partners, Leo spent 35 years as the CEO of the world’s largest electronic security systems manufacturer and distributor, which he grew from a fledgling company into a multi-billion dollar enterprise. Jim Simons founded and runs Renaissance Technologies Corp., a private investment firm based on Long Island which currently has approximately $12 billion under management.