Early Life and Career
Arthur Levine was born in the United States. His career began before his entry into private equity, with a stint as the president of Westwood One, a radio syndicate. He co-founded Levine Leichtman Capital Partners (LLCP) in 1984 with his wife, Lauren Leichtman.
Rise to Success
Levine's primary source of wealth is private equity. LLCP has managed $14.8 billion of institutional capital across 15 funds since inception, and currently manages $10.2 billion in assets. The firm focuses on various sectors, including business services, franchising, and education. The firm has had successful exits with brands such as Tropical Smoothie Cafe and Wetzel's Pretzels. He earned a J.D. from Columbia Law School and an MBA from the UCLA Anderson School of Management.
Key Business Strategies
At Levine Leichtman Capital Partners, Arthur Levine is involved in the strategic direction, firm management, and investment activities. The firm aims to invest in middle-market companies. Levine's extensive experience in operational management and value creation has been critical to the firm's success.
Philanthropy
Arthur and his wife, Arlene Levine, have made a $5 million commitment to Northwell Health to advance facilities, which will be recognized at North Shore University Hospital in the Arlene and Arthur Levine Lobby at the Sandra Atlas Bass Heart Hospital (SABHH). Through their generosity, they have also endowed the Arlene and Arthur Levine Professor in Clinical Ophthalmology.