Recognition underscores Ted’s career achievements and investment experience.
Berkshire Partners (“Berkshire”) is pleased to announce that Managing Director Ted Rainaud has been featured as one of GrowthCap’s top 40 under 40 growth investors of 2024. This annual list recognizes individuals who are shaping the future of growth equity and buyouts.
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Ted Rainaud, Managing Director (Photo: Business Wire)
During Ted’s tenure at Berkshire, he has co-led the firm’s investments in Food Chain ID, a provider of food safety and supply chain compliance technology and services; and Harvey Performance Company, a leading designer and manufacturer of specialized cutting tools for precision machining applications. Ted supported Berkshire’s investment in SRS Distribution, one of the nation’s leading distributors of roofing materials and building products. SRS was recently sold to The Home Depot for $18.25 billion, one of the largest private equity exits of 2024. Ted has also been involved with other Berkshire portfolio companies, including Advanced Drainage Systems and Consolidated Precision Products.
“Since joining the firm as an associate, Ted has continuously proven himself and has developed his skills and capabilities becoming the investor he is today,” said Mike Ascione, Managing Director Berkshire Partners. “His leadership and collaborative spirit have significantly impacted multiple portfolio companies and our firm as a whole.”
Ted joined Berkshire Partners in 2010 as an associate on the private equity team and then returned to the firm in 2014 as vice president after graduating from business school. He was promoted to Managing Director in 2023. Ted earned a B.A. in economics from the University of Pennsylvania and an M.B.A. from Stanford Graduate School of Business.
The 11th annual GrowthCap list recognized its most competitive pool of applicants yet, with honorees selected based upon evaluation of feedback from nominees’ colleagues, peers, portfolio company CEOs and others on their capabilities and performance over time.
To view GrowthCap's “Top 40 Under 40 Growth Investors of 2024” list, click here.
Award issued December 2024. No compensation was paid in connection with being considered for this award. However, a publishing fee was paid following selection for the award.
About GrowthCap
Founded in 2013, GrowthCap has provided private company CEOs with insight, exposure and access to the private capital markets. GrowthCap’s content is distributed to over 25,000 CEOs, senior executives, private equity investors, family offices and institutional limited partners. GrowthCap publishes and distributes content through its website, email newsletter, podcast, and social media.
About Berkshire Partners
Berkshire Partners is a 100% employee-owned, multi-sector specialist investor in private and public equity. The firm’s private equity team invests in well-positioned, growing companies across business services & industrials, consumer, healthcare, and technology & communications. Berkshire recently announced the close of its 11th private equity fund – Fund XI – with approximately $7.8 billion in commitments. Since inception, Berkshire Partners has made more than 150 private equity investments and has a strong history of collaborating with management teams to grow the companies in which it invests. The firm's public equity group, Stockbridge, founded in 2007, manages a concentrated portfolio seeking attractive long-term investments. For additional information, visit www.berkshirepartners.com.
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Contacts
Greg Winter;
gwinter@berkshirepartners.com;
617-227-0050
