Brian N. Sheth is the former President of Vista Equity Partners, a private equity fund based in Austin, Texas. Sheth was listed in the Forbes 2018 World Billionaires list with an estimated net worth of $2 billion.[1] He was also a member of Fortune’s 2015 “40 under 40” list and Forbes’ 40 under 40 in 2015.[2][3] In 2020, Forbes ranked him No. 359 in the Forbes 400 list of the richest people in America.[4]

Brian N. Sheth
Born (1975-11-26) November 26, 1975 (age 48)
CitizenshipUnited States
Alma materUniversity of Pennsylvania
OccupationFormer President of Vista Equity Partners
Spouse
Adria Marie Ferguson
(m. 2003)
Children2

Early life edit

His father was an immigrant from India who worked in finance and marketing, and his Irish-Catholic mother worked as an insurance analyst.[5]

Education and early career edit

Sheth holds a B.S. in Economics from the Wharton School of the University of Pennsylvania.

He worked in the mergers and acquisitions groups at Goldman Sachs and Deutsche Morgan Grenfell, where he advised clients in a variety of industries, including software, hardware, semiconductors, and online media.[6]

Sheth then worked at Bain Capital, where he focused on leveraged buyouts of technology companies.

Vista Equity Partners edit

In 2000, Sheth joined Vista Equity Partners as vice president.[7] Vista is an investment firm that owns over 50 software companies and has 65,000 employees worldwide, making it the fourth largest enterprise software company after Microsoft, Oracle, and SAP.[8] Vista was named the world’s top-performing private equity firm by the 2014 HEC-Dow Jones Private Equity Performance Ranking.[9] In 2010, Sheth became president of the company and was given the title of co-founder.[7][10] In November 2020, Sheth resigned from Vista.[7][10]

Boards and philanthropy edit

Sheth sits on a number of boards, including: The Active Network, Advicent, Aptean, Autotask, Bullhorn, DealerSocket, Global Wildlife Conservation, Greenway, MarVista Entertainment, MRI Software, STATS, Taxware, and Forcepoint.[6][11]

Sheth and his wife, Adria Sheth, established the Sheth Sangreal Foundation, which is dedicated to education and wildlife conservation.[12][13] Sheth also chairs the Global Wildlife Conservation, an international organization working in over 50 countries around the world to protect wildlife and ecosystems.[11][14][15]

References edit

  1. ^ "Brian Sheth". Forbes. Retrieved November 19, 2018.
  2. ^ "Fortune's 2016 40 Under 40". fortune.com. September 22, 2016. Retrieved March 15, 2017.
  3. ^ Kroll, Luisa. "Brian Sheth - pg.19". forbes.com. Retrieved March 15, 2017.
  4. ^ "The Forbes 400: The Definitive Ranking Of The Wealthiest Americans in 2020". Forbes. Archived from the original on March 12, 2011. Retrieved September 29, 2020.
  5. ^ Vardi, Nathan. "The Billionaire Who Is The Biggest Dealmaker In Software". Forbes. Retrieved October 7, 2020.
  6. ^ a b "Brian Sheth - Vista". vistaequitypartners.com. Retrieved March 15, 2017.
  7. ^ a b c "Austin billionaire Sheth leaving Vista Equity in wake of Smith tax scandal". Austin American-Statesman. November 27, 2020. Retrieved December 3, 2020.
  8. ^ "Vista Equity: The Biggest Software Group You've Never Heard Of". PCMAG. Retrieved November 19, 2018.
  9. ^ "The 2015 HEC-DowJones Private Equity Performance Ranking - Robert Agostinelli". robertagostinelli.net. December 21, 2015. Retrieved March 15, 2017.
  10. ^ a b Dorbian, Iris (November 30, 2020). "Vista Equity President Sheth steps down". PE Hub. Retrieved December 3, 2020.
  11. ^ a b "Board of Directors - Global Wildlife Conservation". globalwildlife.org. Retrieved March 15, 2017.
  12. ^ "About Us - Sangreal Foundation". sangrealfoundation.org. Archived from the original on March 16, 2017. Retrieved March 15, 2017.
  13. ^ "Worth Giving: How Tech Finance Leader Brian Sheth Wants to Save the Planet". worth.com. Retrieved March 15, 2017.
  14. ^ Vardi, Nathan. "The Billionaire Who Is The Biggest Dealmaker In Software". Forbes. Retrieved November 19, 2018.
  15. ^ "Youth and Conservation: The Holy Grails of a Young Billionaire Couple's Giving". Inside Philanthropy. Retrieved November 19, 2018.