Thomas H. Lee, the American businessman who founded the Thomas H Lee Partners passed away at the age of 78.
The death was confirmed by Mike Sitrick a spokesperson who is also a family friend of H Lee said that the family. He said that the family was extremely saddened by Tom’s death. He continued that their hearts were broken and requested to respect their privacy and let them grieve in peace.
However, the statement did not provide any details on the cause of death.
As per the news available from a local media channel it was known that when he was found dead he had a self-inflicted gunshot wound on him, and he was at one of his Manhattan offices.
According to the primary report from the New York Police Department (NYPD) the force had found a 78-year-old man laying dead. The death was reported on Thursday morning. The details of the location given out by the NYPD matches the address of the offices of Thomas H Lee Capital Management LLC.
A report from the other law enforcement agency said that the officials had found a handgun and a senior citizen with a gunshot to his head. The reports went on to say that the police, as of now, were not on the lookout for any suspects.
The primary investigation reports suggest that the death had been caused by himself and it seems that he had shot himself in the head with a gun that he possessed
Sitrick added that while the world knew Tom as one of the pioneers in the private equity business and a successful businessman. He was a caring husband, father, grandfather, sibling, friend, and philanthropist who always put the needs of others ahead of his own.
The company arranged a press release to respond to the news of the death of the businessman. A spokesperson from THL confirmed the death and said that the company was profoundly saddened by the unexpected passing of their good friend and former partner Thomas H Lee.
The press release statement recalled Tom as an iconic figure in private equity. It went on that he was a pioneer in the industry and mentored generations of young professionals who followed in his footsteps.
Scott Sperling, the ex-business partner of Thomas H. Lee acknowledged the latter as an extraordinary individual. He further said that Tom was an incredibly gracious and generous man who was committed to his family and children.
The Office of the Chief Medical Officer responded that the cause of death would be confirmed after the Chief Medical Examiner conducted evaluations on the scene of death, the gun wound, and other body marks if any.
The police arrived at the scene upon receiving a 911 call. The caller said that an old man has been murdered on the sixth floor of 767 Fifth Avenue, where the THL office is located.
A front desk employee at Tom’s office was told that there was an emergency on the sixth floor but was not aware that Lee had died. The employee said that the police offers and the other senior employees seemed like they did not want anyone going to or entering the space at that moment.
The male employee added that even the building staff were restricted from entering the room and they were not even allowed to stay anywhere near it.
Following the businessman’s death, the telephone line of his office Lee Equity Partners is getting flooded with calls asking to confirm the news and the cause of the death. One such call was attended by a female, assumed as a front desk worker, who turned down the question to provide a comment on the current scenes.
Lee is survived by his wife, five children, and two grandchildren.
Ann Tennenbaum, his wife and he have been sharing a marital union of 27 years. His children had previously acknowledged that no matter how busy, he was always a good father to them. His children are Jesse, Robbie, Nathan, Rosalie, and Zach.
Born in a Jewish family Thomas Lee hails from New York City. Often known as Thomas H Lee his full name goes on as Thomas Haskell Lee.
He founded the Thomas H. Lee Partners in 1974 and the Lee Equity Partners in 2006. Both are private equity firms with a prior focus on making capital investments in middle market companies in the industries of business solutions, finance technologies, health care services, and IT.
Thomas Lee is an alumnus of Harvard College. Recently Lee was reported of having a net worth of 2 billion US Dollars.
At the time of death, he was director of companies such as The Edelman Financial Group, Vertis Holdings Inc., MidCap Financial, Aimbridge Hospitality, Wyndham International Inc., and many others.
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