About Us

Equality seeks to be the partner of choice for emerging growth companies.

Equality is a next-generation private equity firm. We partner with Founders and CEOs to help build a small number of exceptional companies for the long-term while offering our investors innovative fee structures. By doing both things well, Equality creates value for all.

In a world where private equity firms have become removed from the people whose money they manage, we believe it’s time for a change. It’s time for Equality.

Thomas S. Roberts
Founder and CEO

Our Focus

At Equality, we help exceptional companies grow.

Equality provides tailored capital solutions and strategic support to growing companies. We typically provide $100M to $300M of capital per company for growth equity and buyout transactions, with leverage levels tailored to each situation.

  • Technology

    Software, Internet, Communications, Semi-conductors, and Electronics.

  • Healthcare

    Healthcare IT, Healthcare Services, and Life Sciences.

  • Tech-enabled growth companies

    Financial Services, Financial Technology, Business Services, and other Growth Companies.

Our Experience

Members of our team have sourced and led growth equity investments in some of the most successful companies in America. Our reputation for being a steadfast partner to CEOs is our most valuable asset.

Our CEO, Tom Roberts, is a leading private equity investor, firm builder, and mentor.

In addition to working side by side with Founders and CEOs, our team has served on the Board of Directors of over fifty private companies and ten public companies in technology, healthcare, and other tech-enabled growth sectors.

Collectively, our investment team has over sixty years of private equity experience.

Tom was Board Chair and hired me as CEO. We worked shoulder to shoulder to grow AmeriPath from the ground up. From negotiating our first acquisition, to due diligence, to financing subsequent deals and ultimately to an IPO, Tom helped me build AmeriPath from a small, single-location lab into a successful two-billion-dollar business.

Jim New
Former CEO, AmeriPath

Gabriel is the main reason I sold a majority stake in my family business to a private equity firm. His professionalism, energy, style and sense of duty to my concerns clearly distinguished him among his peers. I would love the opportunity to do another deal with Gabriel and his team.

Bruce Bartlett
Bartlett Nuclear

Ned was clearly in tune with what we were building at Muve, and rolled-up his sleeves to help us execute our vision. Ned’s deep experience in healthcare made a significant impact on the trajectory of our business.

Marshall Maran
CEO and President, Muve

Our Team

The Equality team is known for creating value and forging lasting relationships with Founders and CEOs of market-leading companies.

José Alvarez>
Advisory Board
José Alvarez

José Alvarez is a leading expert in supply chain management logistics, marketing, and retail strategy. He is currently a member of the faculty at Harvard Business School. José most recently served as President and CEO of Stop & Shop, a subsidiary of Royal Ahold.  Previously, he worked with Shaw’s Supermarkets, American Stores Company and Jewel Food Stores. José also served as a Board Director of TJX Companies for eleven years. José serves on the Board of Trustees of Princeton University and Daily Table and is Chairman of the Board of the Joyce Foundation. José earned an MBA from the University of Chicago, and an AB degree in History from Princeton University.

José most recently served as President and CEO of Stop & Shop, a subsidiary of Royal Ahold, NV. Previously, he worked with Shaw’s Supermarkets, as Vice President of Grocery Merchandising, and with American Stores Company and its subsidiary Jewel Food Stores, where he was Director of Market Research, Manager of Supply Chain Engineering, and Produce Category Manager.   In his nearly 20-year career in the supermarket industry, José led across nearly every functional area of retail management.

José served as a Board Director of TJX Companies, the world’s premier off-price retailer of apparel and home fashions, from 2007 until 2018. He also currently serves as a Director at United Rentals, the largest equipment rental company in North America, where he is chair of the Nominating and Corporate Governance Committee.  José also serves on the Board of Trustees of Princeton University and Daily Table and is chairman of the board of the Joyce Foundation.

José earned an AB degree in History from Princeton University and an MBA from the University of Chicago.

 

Tara Ciongoli>
Equality
Tara Ciongoli

Prior to co-founding Equality, Tara spent nearly a decade in management consulting, business development, and professional development roles. Tara began her career at McKinsey & Company, where she worked for eight years, primarily focusing on strategy and organization work for financial services clients, and later joining McKinsey’s professional development team where she created and led consultant training programs for McKinsey’s Northeast Office.  Previously, Tara worked with two investment firms as a Summer Associate, Lone Pine Capital in Greenwich, and VentureHouse Group in Washington, DC.

Currently, Tara serves as Chair of the Board of Trustees of The Fessenden School in West Newton, Massachusetts, and on the Advisory Board of the Stepping Strong Center for Trauma Innovation at Boston’s Brigham and Women’s Hospital.

Tara graduated from Princeton University with honors with an AB in the Woodrow Wilson School of Public and International Affairs, and received her MBA from Harvard Business School.  Tara and her husband Greg have four boys and live in Wellesley, Massachusetts.

Gabriel Gomez>
Equality
Gabriel Gomez

Gabriel co-founded Equality in 2018. Gabriel has an extraordinary leadership background, having been both a successful entrepreneur and a long-time private equity investor, and also a Platoon Commander at SEAL team FOUR, and an Aircraft Carrier Pilot in the US Navy.

Prior to Equality, Gabriel co-founded and led O2X Human Performance, an education and training company focused on Tactical Athletes. Prior to founding O2X, Gabriel spent thirteen years as a private equity investor, as a Principal at Advent International, a global private equity firm with $41B assets under management, and at Summit Partners, a $15B global growth equity firm. Gabriel began his finance career in investment banking for Bowles Hollowell Connor. Gabriel also ran for US Senate from Massachusetts in 2013.
Prior to a career in finance and as an entrepreneur, Gabriel was a United States Naval Aviator, and later a Platoon Commander at SEAL Team FOUR, and was class leader of his SEAL training class. Gabriel is one of only two that have served as both an US Navy Aircraft Carrier Pilot and then a Navy SEAL.

Gabriel earned his MBA from Harvard Business school, and graduated with merit with a Systems Engineering degree from the United States Naval Academy. Gabriel resides in Cohasset, Massachusetts with his wife, Sarah, and their four children.

Kim Goodwin>
Advisory Board
Kim Goodwin

C. Kim Goodwin is a highly accomplished and sought-after CEO, CIO, portfolio manager, and Board Director. Kim currently serves as CEO and Chief Investment Officer of Avanico Holdings in Puerto Rico. Previously Kim served as the Global Head of Equities for Asset Management at Credit Suisse Group, and as Chief Investment Officer of Equities and Managing Director of State Street Research. She also served as the CIO of U.S. Growth Equities at American Century Investment Management, and SVP and Portfolio Manager of Putnam Investment Management, and as VP and Portfolio Manager of Prudential Investments.

Kim has served in numerous Board Director roles and is currently a Non-Executive Director of PineBridge Investments, and an Independent Director of Popular Inc (BPOP) based in Puerto Rico. Previously, Kim served for many years on the board of Akamai Technologies Inc, along with CheckFree Corporation (acquired by FiServ in 2005), and as Director of various equity funds within the Allianz Global Investors family of funds. Kim also serves on the Board of Trustees and on the PRINCO endowment board of Princeton University.

Kim holds two Master’s degrees from the University of Texas at Austin: an M.B.A. degree in Finance from The McCombs School of Business and a Master of Public Affairs from The Lyndon B. Johnson School. Kim graduated with an AB cum laude in Politics from Princeton University.

Brent Henry>
Advisory Board
Brent Henry

Brent has spent over thirty years advising health care clients on complex strategic, legal, and regulatory issues. Brent is a member in the law firm of Mintz Levin, Cohn, Ferris, Glovsky and Popeo P.C., and currently serves as the Vice Chair of the Princeton University Board of Trustees.

Previously, Brent was Vice President and General Counsel of Partners HealthCare, the largest hospital network in New England, with more than 70,000 employees and $12 billion in annual revenue. In that capacity, Brent oversaw the legal, internal audit, corporate compliance, and business ethics departments. Previously, he was Vice President and General Counsel at MedStar Health, a hospital system serving the Baltimore and Washington DC area. While at MedStar, Brent also taught health care law at both Howard University and the University of Maryland. Previously, Brent served as President of the American Health Lawyers Association, as Board member of Fiduciary Trust Company, and as Board Member of the Boston Symphony Orchestra.

Brent earned his AB from Princeton University’s Woodrow Wilson School of Public and International Affairs, his J.D. degree from Yale Law School, and a Master of Urban Studies from the Yale School of Art and Architecture.

Jay McGonigle>
Advisory Board
Jay McGonigle

Jay has a thirty-year plus track record of leading, advising, and growing successful companies. Jay is the Lead Outside Director of FactSet Research Systems Inc. (NASDAQ: FDS) a provider of software and information to the financial services industry, where he has served for fifteen years.  Before joining FactSet, Jay served as Chairman and CEO of the Corporate Executive Board Co. (NASDAQ: EXBD), a leading provider of best practices research and analysis, focusing on corporate strategy, operations, and general management issues, which he led through its spin-out in 1997 and IPO in 1999. Previously, Jay served as a consultant for McKinsey & Company in New York.

Jay has served as board member, angel investor, and senior advisor to numerous top information services companies.  Jay served as a Board Member for SNL Financial, a provider of software and information services to the banking, real-estate, energy and media industries. Jay also serves as Advisory Board member at Motista, Inc. a provider of real-time information on customer “emotional connection” to marketers and brand managers in several industries. Jay also served as a Board Member of Ogone, a Brussels, Belgium-based online payments processing company serving retailers across Europe, and as a Director at Payscale, a company collecting, processing and disseminating compensation-benchmarking information through a SAAS model.  Jay has served as an Adjunct Professor at Georgetown University’s McDonough School of Business, and a Visiting Professor at ESADE Business and Law School in Barcelona.

Jay earned an AB from Princeton University’s Woodrow Wilson School of Public and International Affairs, and a J.D. from Harvard Law School.

Susie Mulder>
Advisory Board
Susie Mulder

Susie has been both a CEO and a counselor to CEOs, for over twenty years. Susie is known as an exceptional growth-leader, people-leader, and creative thinker both with CEOs and her teams.

Susie is currently the Chief Executive Officer of NIC+ZOE, a privately-held woman’s apparel company, a role she has held since April 2012. Under Susie’s leadership, the NIC+ZOE brand has grown its wholesale footprint, has introduced and expanded the e-Commerce platform, opened multiple new NIC+ZOE branded retail locations, and diversified the product lines. Prior to joining NIC+ZOE, Susie was a Senior Partner with McKinsey & Company where she was a leader in the retail and consumer practice for fifteen years, specializing in marketing and organization. Well-known as one of the top mentors in the Firm, she led many of the Firm’s most successful recruiting efforts. Currently, Susie also serves on the Board of Directors of Sally Beauty, the world’s largest distributor of professional beauty supplies, where she serves on both the Compensation and Governance committees. Susie is also a member of the Board of Overseers of Boston Children’s Hospital.

Susie received her MBA from the Harvard Business School with distinction, and holds a Bachelor of Commerce degree with great distinction from McGill University in Montreal, Quebec.

Tom Roberts>
Equality
Tom Roberts

Tom is the Founder and CEO of Equality. Before founding Equality, Tom served as Managing Partner and Managing Director for Summit Partners, a top global private equity firm with over $15 billion in assets. During Tom’s 28-year career at Summit, in addition to Managing Partner and Managing Director, Tom served as Summit Partners Board Member, Executive Committee Member, Investment Committee Member, and Operating Committee Member. Tom also created and led Summit’s Portfolio Performance Group and co-founded Summit’s Credit Business. During his tenure, Tom led Summit with a strong track record in both firm-building and investing.

Tom is well-known for forging lasting relationships with CEOs to help build market-leading companies, while building his career on integrity and respect. Over the course of his career, some of Tom’s notable partnerships with CEOs and management teams have included AmeriPath (Acquired by Quest Diagnostics), Infor, Lincare, Saber Software (Acquired by McAfee), Sybari (Acquired by Microsoft), and vente-privee. Tom is deeply committed to developing the teams and professionals with whom he works.

Prior to Equality and Summit, Tom received an AB in Economics from Princeton University, magna cum laude, and an MBA from Harvard Business School, where he was a Baker Scholar. Tom currently serves as a Trustee of Princeton University, and is a Trustee Emeritus of The Fessenden School in West Newton, MA. Previously Tom served three years as President of the New England Venture Capital Association (NEVCA). Tom and his wife Kristen have four children and live in Wellesley, Massachusetts.

Chase Rosa>
Equality
Chase Rosa

Chase joined the Equality team at inception. Prior to Equality, Chase interned at Search Fund Accelerator in Boston, focusing on lead generation and investment due diligence within the High Tech, Aerospace, and Defense industries.  Previously, Chase interned at Prime Buchholz in Portsmouth, NH.

Chase received a BS in Finance from Bentley University, where he was a two-year captain of the Men’s Varsity Tennis team. Chase is also a medalist at numerous national and international Brazilian Jiu Jitsu competitions, and is now training for upcoming Spartan Races and Tough Mudders.

Ned Schwartz>
Equality
Ned Schwartz

Ned co-founded Equality in 2018. Ned has been a leading healthcare investor for over ten years, having partnered with several market defining companies in the healthcare services and technology sectors across venture, growth, and buyout stages. Prior to Equality, Ned was a Partner at Drive Capital, and was previously an investor at General Atlantic and Norwest Venture Partners, as well as an advisor to New Mountain Capital. Ned led Drive’s healthcare investing efforts, and was responsible for creating Drive’s healthcare investment themes, sourcing investment prospects, leading and executing investments, and sitting on boards of portfolio companies. At Norwest Venture Partners and General Atlantic, Ned was responsible for sourcing, evaluating, and executing healthcare investments.

Over the course of his career, Ned has partnered with the entrepreneurs and been active on the Board of Directors of MedExpress, Align Networks, Health Catalyst, RiverMend Health, Aver, Beam Dental, Muve Health, and Triggr Health.

Before beginning his investing career, Ned was an investment banking analyst at Credit Suisse. Ned received an AB in Politics from Princeton University, cum laude, and rowed varsity crew. Ned has served on several philanthropic boards, including affiliates of Achievement First, Echoing Green, the Museum of Modern Art, and the Pizzuti Collection. Ned lives in New York City.

Luis Ubiñas>
Advisory Board
Luis Ubiñas

Luis Ubiñas is a well-known leader in the telecommunication, technology, and media industries.  Luis has led CEOs of Fortune 100 companies and significant nonprofit organizations for several decades.

Luis  is currently President of the Board of Trustees of the Pan American Development Foundation, which invests $100 million in development projects in Central and South America and the Caribbean. Luis also serves on several multilateral, governmental and nonprofit boards and advisory committees, including the Advisory Board of the United Nations Fund for International Partnerships, the New York Public Library, where he serves as co-chair of the Nominating Committee and on the Executive Committee, and the Statue of Liberty-Ellis Island Foundation, where he serves as Vice Chairman.  In the private sector, Luis is Lead Director at Electronic Arts, and serves on the Boards of CommerceHub, the publicly traded e-commerce backbone company, Boston Private Financial Holdings, the publicly traded banking and wealth management firm, GFR Media, the largest media company in Puerto Rico, and Shorelight Education.

Luis served as president of the Ford Foundation from 2008 through 2013. The Foundation is the second largest in the United States with an endowment of $12 billion and operates worldwide, with offices in Asia, Africa, and Central and South America.  While at the Foundation, he led a broad-based restructuring of the organization, including a strategic resetting of its strategies and operating programs, reinvestment of over 80% of the endowment, and a rebuilding of facilities, systems and cost base.  Prior to leading the Ford Foundation, Luis was a Director at McKinsey & Company, leading the firm’s media practice on the West Coast. Much of his work focused on the opportunities and challenges represented by the global growth of broadband and wireless technologies and applications.

Luis is a graduate of Harvard College, where he graduated magna cum laude and was named a Truman Scholar, and Harvard Business School, where he was a Baker Scholar.  He is a Fellow of the American Academy of Arts and Sciences and a member of the Council on Foreign Relations.  He has published extensively, including articles and opinion pieces in The New York Times, Wall Street Journal, Fortune and a range of other publications in the United States and abroad.

Recent News

  • July 24, 2018

    EQUALITY ASSET MANAGEMENT FORMS ADVISORY BOARD

    Boston, Massachusetts, July 23, 2018 – Equality Asset Management (“Equality”), a next generation private equity firm whose mission is to help build exceptional companies for the long term while offering investors innovative fee structures, today announced that it has formed its Advisory Board, which will be responsible for providing Equality and its companies with strategic

    Read Article
    July 24, 2018

    EQUALITY ASSET MANAGEMENT FORMS ADVISORY BOARD

    Boston, Massachusetts, July 23, 2018 – Equality Asset Management (“Equality”), a next generation private equity firm whose mission is to help build exceptional companies for the long term while offering investors innovative fee structures, today announced that it has formed its Advisory Board, which will be responsible for providing Equality and its companies with strategic guidance, industry insight, and deep functional expertise. The board is comprised of the following six members, all who are seasoned executives with strong track records and diverse backgrounds: José Alvarez (Harvard Business School), Kim Goodwin (Avanico Holdings), Brent Henry (Mintz Levin), Jay McGonigle (FactSet), Susie Mulder (NIC+ZOE), and Luis Ubiñas (Electronic Arts).

    “These six individuals are highly accomplished leaders in their fields,” said Thomas S. Roberts, Founder and CEO of Equality. “They are not only visionaries and thought-leaders, they are CEOs themselves, and long-time mentors to CEOs. Together, they provide a diversity of thought, disciplines, industries, and backgrounds. I am honored to have six such outstanding leaders join our Equality team.”

    José Alvarez
    José Alvarez is a leading expert in supply chain management logistics, marketing, and retail strategy. He is currently a member of the faculty at Harvard Business School. José most recently served as President and CEO of Stop & Shop, a subsidiary of Royal Ahold. Previously, he worked with Shaw’s Supermarkets, American Stores Company and Jewel Food Stores. José also served as a Board Director of TJX Companies for eleven years. José serves on the Board of Trustees of Princeton University and Daily Table and is Chairman of the Board of the Joyce Foundation. José earned an MBA from the University of Chicago, and an AB degree in History from Princeton University.

    C. Kim Goodwin
    C. Kim Goodwin is an accomplished CEO, CIO, portfolio manager, and Board Director. Kim currently serves as CEO and CIO of Avanico Holdings in Puerto Rico, and is currently a NonExecutive Director of PineBridge Investments, and an independent Director of Popular Inc. (BPOP) based in Puerto Rico. Previously Kim served as the Global Head of Equities for Asset Management at Credit Suisse Group, and as CIO of Equities of State Street Research. Previously Kim served for many years on the Board of Akamai Technologies and CheckFree Corporation (acquired by FiServ in 2005), and as a Director of various equity funds within the Allianz Global Investors family of funds. Kim also serves on the Board of Trustees and on the PRINCO endowment board of Princeton University. Kim holds two Master’s degrees from the University of Texas at Austin, one in Public Affairs, an M.B.A. in Finance from The McCombs School of Business, and an AB cum laude in Politics from Princeton University.

    Brent Henry
    Brent Henry has spent over thirty years advising health care clients on complex strategic and regulatory issues. Currently, Brent serves as the Vice Chair of the Board of Trustees of Princeton University, and as an Attorney at Mintz Levin. Previously, Brent was SVP and General Counsel of Partners HealthCare, the largest hospital network in New England. Brent also served as VP and General Counsel at MedStar Health, and taught health care law at Howard University and the University of Maryland. Brent earned a J.D. from Yale Law School, a Master of Urban Studies from the Yale School of Art and Architecture, and an AB degree from Princeton University’s Woodrow Wilson School.

    Jay McGonigle
    Jay McGonigle has an exceptional thirty-year plus track record of leading, advising, and growing successful companies. Jay is the Lead Outside Director of FactSet (NASDAQ: FDS) a provider of software and information to the financial services industry. Previously, Jay served as Chairman and CEO of the Corporate Executive Board Co. (NASDAQ: EXBD), which he led through its IPO, and as a consultant for McKinsey & Company. Jay has also served as Board Member and Senior Advisor to numerous information services companies, including SNL, Motista, Ogone, and Payscale. Jay has also been an Adjunct Professor at Georgetown University’s McDonough School of Business, and a Visiting Professor at ESADE Business and Law School in Barcelona. Jay earned a J.D. from Harvard Law School, and an AB from Princeton University’s Woodrow Wilson School.

    Susie Mulder
    Susie Mulder has been both a CEO and a counselor to CEOs, for over twenty years. Susie is currently the Chief Executive Officer of NIC+ZOE, a privately-held woman’s apparel company.
    Prior to joining NIC+ZOE, Susie was a Senior Partner with McKinsey & Company where she was a leader in the retail and consumer practice for fifteen years, specializing in marketing and organization. Susie also serves on the Board of Directors of Sally Beauty, and on the Board of Overseers of Boston Children’s Hospital. Susie received her MBA from the Harvard Business School with distinction, and holds a Bachelor of Commerce degree with great distinction from McGill University in Montreal, Quebec.

    Luis Ubiñas
    Luis Ubiñas is a well-known leader in the telecommunication, technology, and media industries.
    Luis has led CEOs of Fortune 100 companies and significant nonprofit organizations for several decades. In the private sector, Luis is Lead Director of Electronic Arts (EA), and serves on the Boards of CommerceHub, Boston Private Financial Holdings, GFR Media, and Shorelight Education. Previously Luis was a Director at McKinsey & Company, leading the firm’s media practice on the West Coast. Additionally, Luis has had a distinguished record of leadership in the nonprofit sector. Luis is currently President of the Board of Trustees of the Pan American Development Foundation, and previously served as President of the Ford Foundation, on the Advisory Board of the United Nations Fund for International Partnerships, the New York Public Library, among many others. Luis received an MBA from Harvard Business School, where he graduated as a Baker Scholar, and earned an AB degree magna cum laude from Harvard University, where he was named a Truman Scholar and a John Winthrop Scholar.

    About Equality
    Equality Asset Management is a next-generation private equity firm founded by industry veteran Thomas S. Roberts whose mission is to help build exceptional companies for the long term while offering investors innovative fee structures. Equality intends to provide $100-$300M per company for growth equity and buyout transactions focusing on durable technology, health care, and tech-enabled growth companies. For more info, visit www.equalityassetmanagement.com.

  • June 18, 2018

    PRIVATE EQUITY VETERAN THOMAS ROBERTS TO LAUNCH NEW FUND

    Boston, Massachusetts, June 18, 2018 – Thomas S. Roberts, formerly Managing Partner at Summit Partners and private equity veteran, today announced that he has founded Equality Asset Management, a next-generation firm focused on making long-term investments in durable technology, healthcare, and tech-enabled growth companies.  Equality plans to implement an innovative fee structure that reflects the

    Read Article
    June 18, 2018

    PRIVATE EQUITY VETERAN THOMAS ROBERTS TO LAUNCH NEW FUND

    Boston, Massachusetts, June 18, 2018 – Thomas S. Roberts, formerly Managing Partner at Summit Partners and private equity veteran, today announced that he has founded Equality Asset Management, a next-generation firm focused on making long-term investments in durable technology, healthcare, and tech-enabled growth companies.  Equality plans to implement an innovative fee structure that reflects the current return environment and more closely aligns General Partner and Limited Partner interests.

    Prior to establishing Equality, Mr. Roberts served in a wide variety of roles at Summit, including Managing Director and Managing Partner, Executive Committee Member, Investment Committee Member, and Operating Committee Member.  He also created and led Summit’s Portfolio Performance Group, co-founded Summit’s Credit Business, and served on the Board of Directors of over thirty private and seven public companies. Tom received an AB in Economics, magna cum laude, from Princeton University, and an MBA from Harvard Business School, where he was Baker Scholar.

    Commenting on Equality, Mr. Roberts said “Private equity has enjoyed incredible returns over time, but we believe the industry has reached an inflection point. Going forward, long-term outperformance will be driven by an investment strategy comprised of higher concentration, longer holds, and lower fees.  We are establishing Equality as a next-generation firm specifically structured to address these fundamental industry shifts.”

    About Equality

    Equality Asset Management is a next-generation private equity firm founded by industry veteran Thomas S. Roberts whose mission is to help build exceptional companies for the long term while offering investors innovative fee structures. Equality typically provides $100-$300M per company for growth equity and buyout transactions with a focus on durable technology, health care, and tech-enabled growth companies. For more info, visit www.equalityassetmanagement.com.

    Media Contact

    Andrew Merrill

    Prosek Partners

    amerrill@prosek.com

    646 503 5789

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