Greg Baty is the founder of BB Capital, a private equity firm focused on investments in lower middle market companies. He was most recently a partner at Trivest Partners where he led the raise of a new fund focused on less than control investing, a new asset class for the firm. After setting an initial target for the fund of $100M, Greg successfully raised $225M for the Trivest Growth Investment Fund (TGIF) within the first five months of joining the firm. He successfully led and closed the first investment in TGIF investing roughly ten percent of the fund in a unique and highly profitable health care company.
Prior to joining Trivest Partners, Greg was a Principal at Hamilton Lane, a private equity asset manager with more than $300B under management and supervision. Greg opened and managed the firm’s Florida office from its’ inception in 2009. He established and led the Florida Growth Fund (FGF) whose sole limited partner was the State Board of Administration, the manager for the state of Florida’s pension funds. The FGF was initially a $250M fund established to invest in private equity/venture capital opportunities within the state of Florida. Given the success of the initial $250M fund, Greg oversaw two subsequent commitments of $250M as well as a $100M commitment carved out for credit opportunities within the state. All totaled, while leading the FGF, he invested approximately $500M in 34 direct investments and 24 fund investments. Greg served in board capacities for ten portfolio companies and served on multiple advisory boards of the private equity funds in which the FGF invested.
Before joining Hamilton Lane, Greg held investment positions within the private equity marketplace and has previous experience in venture finance with firms such as Garage.com (Garage Technology Ventures) and Sand Hill Capital. At these firms, he screened potential portfolio companies, sourced deal flow for emerging technologies, raised capital and managed relationships with top-tier venture capital and venture debt firms. Greg also has an operational background, having owned and operated multi-unit branded retail franchises (Blockbuster Video and Jamba Juice) along with having operational roles in technology startups.
Greg also spent nine years as a professional football player in the National Football League. He was drafted by the New England Patriots and finished his career with the Miami Dolphins.
Greg received a Master's in Science of Management degree from the Stanford Graduate School of Business and a bachelor's degree in Human Biology from Stanford University. Greg also studied at Stanford’s Florence Italy campus.