Artifact Details

Title

Brooke, Peter A. oral history

Catalog Number

102740499

Type

Text

Date

2010-04; 2010-09

Contributor

Brooke, Peter A., Interviewee
Kolker, Carole, Interviewer

Publisher

National Venture Capital Association

Place of Publication

Boston, MA

Extent

69 p.

Format

PDF

Description

Peter Brooke, a pioneer in global investments, founded Advent International, the first global private equity firm, in 1984, and led it until his retirement in 1996. As CEO of Advent for eleven years, he helped establish affiliated venture capital and private equity firms in Europe, Asia, Latin America, and Israel. Today, Advent ranks as one of the world’s largest private equity investors, with more than $24 billion under management and offices stretching from Boston to Mumbai.

In 1968 Peter founded TA Associates, a Boston-based private equity firm. As managing partner, he established a unique network of affiliated VC operations, initially in Europe, Southeast Asia, Australia, and Japan. From 1963 to 1968, he worked for Tucker, Anthony and RL Day, in charge of its corporate finance and venture capital activities. Prior to that, he headed the venture capital department of Bessemer Securities Corporation. Peter began his career as a lending officer at the First National Bank of Boston, where he founded the High Technology Lending Group, making FNB a major player in the recovery and repositioning of the Massachusetts economy.

Inspired by the Marshall Plan, Peter’s career reflects a worldview that venture capital should serve as “an effective economic development tool.” His ventures have been guided by his passionate belief that “making a contribution to industrial growth, employment, and society is what will distinguish an industry and sustain it over a long period of time.” Peter has also devoted time to his community, including his tenure as chairman of the Board of Trustees of the Boston Symphony Orchestra and as an Overseer of Harvard University.

Peter is a member of the Private Equity Hall of Fame and a recipient of both the Harvard Business School’s Alumni Achievement Award and the National Venture Capital Association’s Lifetime Achievement Award. He is also a Fellow of the American Academy of Arts and Sciences. The Boston Business Journal named him one of Greater Boston’s 100 most influential business people of the 20th century. His book, A Vision for Venture Capital: Realizing the Promise of Global Venture Capital & Private Equity was published in 2009. Peter served in the Army from 1954 to 1956. He is a graduate of Harvard University and holds an MBA from Harvard Business School.

The interview took place at Mr. Brooke's office in Boston Massachuttests with a briaf follow-up phone interview, which took place on September 1, 2010.

Category

Transcription

Collection Title

NVCA Oral History Collection

Credit

Gift of National Venture Capital Association

Lot Number

X8628.2018

Related Records

102740509 Brooke, Peter A. oral history