Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

General Atlantic Hires Advent’s Crawford for Retail Investments

June 25 (Bloomberg) -- General Atlantic LLC, the private-equity firm with stakes in Tory Burch LLC and Alibaba Group Holding Ltd., hired Andrew Crawford from Advent International Corp. to head retail and consumer deals as investment in the sector increases.

Crawford will be a managing director in New York. He was previously a principal at Advent working with Lululemon Athletica Inc. and helping lead an investment in Bojangles’ Restaurants Inc., General Atlantic said today in a statement. The Greenwich, Connecticut-based firm, which has $17 billion under management, has announced eight investments this year, including in a Mexican pharmaceuticals company and a Chinese beauty products retailer.

Private-equity deals in consumer companies have risen 57 percent to $31.9 billion so far this year, compared with the same period in 2013, according to data compiled by Bloomberg. Lululemon, the yogawear company, has climbed this week amid speculation that founder Chip Wilson will push for a sale, including to a private-equity firm. The Vancouver-based company has a market capitalization of about $6 billion.

“Andy’s investing acumen, retail and consumer expertise and leadership qualities will be a significant addition to our team,” General Atlantic’s Chief Executive Officer William Ford said in the statement.

To contact the reporters on this story: Meghan Morris in New York at; Devin Banerjee in New York at

To contact the editors responsible for this story: Christian Baumgaertel at Pierre Paulden

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.