Growth Buyouts in the
Enterprise Software Market

Hollie Moore Haynes is the Founder and Managing Partner of Luminate Capital Partners and is based in San Francisco, CA. Prior to founding Luminate, Hollie focused on software private equity investing at Silver Lake.  Earlier in her career she worked in private equity at Hellman & Friedman and in investment banking at Morgan Stanley & Co. She graduated from Harvard University with an A.B. in Economics and received an M.B.A. from the Stanford University Graduate School of Business.

Andrew Baldwin is a Partner at Luminate Capital Partners and is based in San Francisco, CA. Prior to Luminate, Andrew focused on venture debt and venture equity investing at Western Technology Investment (WTI).  Earlier in his career, he worked in private equity at BDT Capital Partners and in the Bank Debt Portfolio Group at Goldman, Sachs & Co. He graduated from Indiana University with an B.S. in Finance and received an M.B.A. from the Stanford University Graduate School of Business.

Dave Ulrich is a Partner at Luminate Capital Partners and is based in San Francisco. Prior to joining Luminate, Dave was an investment professional at Mainsail Partners. Prior to Mainsail, Dave was a technology investment banker at RBC Capital Markets. Dave received his M.A. in Finance and his B.A. in Economics from Claremont McKenna College.

Lucy Li is a Partner at Luminate Capital Partners and is based in San Francisco, CA. Prior to Luminate, Lucy worked in finance and business planning at Meta (formerly Facebook Inc.). Her previous experience also includes private equity investing at Genstar Capital and investment banking at JPMorgan. She graduated from the Massachusetts Institute of Technology (MIT) with an B.S. in Management Science and received an M.B.A. and an M.A. in Education from Stanford University.

Kate is the CFO at Luminate and is based in San Francisco, CA. Prior to joining Luminate, she worked in finance and compliance with Western Technology Investment (WTI). Prior to WTI, she was with Deloitte & Touche in both the audit group in London, England and the mergers & acquisitions accounting group in San Francisco. Kate holds a B.A. in Political Science from the University of California, Berkeley and a M.Sc. in European Political Economy from The London School of Economics. She is a chartered accountant in England and Wales.

Amy Hsiao is a Principal at Luminate Capital Partners and is based in San Francisco. Prior to joining Luminate, Amy was an investment professional at Sixth Street. Prior to Sixth Street, Amy was an investment banker at Morgan Stanley. Amy received her B.A. from Ivey Business School.

Mark Foreman is a Vice President at Luminate Capital Partners and is based in San Francisco, CA. Mark graduated from the University of Georgia Honors Program with a B.B.A. in Finance and a minor in Mathematics.

Max Horland is a Vice President at Luminate Capital Partners and is based in San Francisco, CA. Prior to joining Luminate, Max was a technology investment banker at Citigroup and JP Morgan. Max graduated with distinction from Stanford University with a B.A. in Economics and minor in Spanish.

Zac Martick is a Vice President at Luminate Capital Partners and is based in San Francisco, CA. Prior to joining Luminate, Zac worked on the Investor Relations and Business Development team at Dragoneer Investment Group. Before Dragoneer, Zac worked at Hall Capital Partners (now part of Pathstone) within their Portfolio Management team. Zac graduated from the University of Pittsburgh with a B.S. in Finance.

Nolan Hellickson is a Senior Associate at Luminate Capital Partners and is based in San Francisco, CA. Prior to joining Luminate, Nolan was in the Strategic Capital Group at Cowen. Nolan graduated from Harvard University with an A.B. in Economics.

Anuj Devatha is a Senior Associate at Luminate Capital Partners and is based in San Francisco, CA. Prior to joining Luminate, he worked in finance and planning at Snowflake. Before Snowflake, Anuj worked in strategic finance at Apple following completion of the company's Finance Development Program (FDP). He graduated from Claremont McKenna College with a B.A. in Science Management.

Kevin Gu is an Associate at Luminate Capital Partners and is based in San Francisco, CA. Prior to joining Luminate, Kevin was in the Technology & Services Investment Banking Group at Raymond James. Kevin graduated from Northeastern University with an B.S. in Finance.

Eddie Mleko is an Associate at Luminate Capital Partners and is based in San Francisco, CA. Prior to joining Luminate, Eddie was in the Technology Investment Banking Group at Barclays. Eddie graduated from Vanderbilt University with a B.A. in Economics.

Jay Haynes is thrv’s Founder and CEO. Jay helped start an independent sponsor that successfully acquired and merged Steinway & Sons with Selmer and then successfully took the combined company public. Jay was formerly the CEO of Strategyn. He previously worked as an investment professional at GTCR and as a product manager at Microsoft. He has an MBA with Distinction from Harvard Business School and a BA with Phi Beta Kappa honors from Brown University.

Alex Gounares is thrv’s Technology Managing Director. He leads the architectural design, engineering process and software development for thrv’s portfolio companies. He is the former Chief Technology Officer for Bing and Chief Technology Advisor to Bill Gates at Microsoft and the former Chief Technology Officer at AOL. He has a BSE in Computer Science cum laude from Princeton University.

Jared Ranere is thrv’s President & COO. He has seven years of experience at thrv using JTBD to accelerate growth at private equity portfolio companies and leading corporations. Jared was previously Director of Product at Patch (AOL) and a Vice President at outside.in. He has a BA with Honors from the University of Chicago.

Chris Murphy is an Operating Partner at Luminate Capital Partners and is based in Atlanta, GA. Prior to Luminate, Chris served as the Chief Revenue Officer of BlackLine, where he led the go to market team in revenue growth from $40M to more than $200M in 4 years and helped lead the company through a successful IPO. Chris also spent 10 years at Infor where he was a cross functional executive and played a key role as the company grew from $130M to over $2B in sales and became the 3rd largest application software company. Chris held previous leadership positions in other companies including Platinum Technology, divine, inc, Information Resources Inc. and Melita International. He received his undergraduate education from the University of South Carolina and has an MBA from DePaul University.