Providence Equity Partners, a leading private equity firm with $28bn in commitments, announced that Renée Beaumont will join the firm as a Managing Director and Global Head of Business Development, effective May 15. She will oversee all business development, marketing and investor relations activities globally across the firm’s private equity and credit funds.
Ms. Beaumont joins Providence from Goldman, Sachs & Co., where since 2004 she has served in a variety of senior positions, including most recently as a Managing Director in the firm’s Merchant Banking Division. She led the bank’s institutional business development efforts in a wide variety of significant markets and managed its co-investment program across multiple funds.
Prior to serving as a Managing Director in the Merchant Banking Division, Ms. Beaumont was Head of the Americas Utility/Power & Communications Investing for the Infrastructure Fund at Goldman Sachs, where she was responsible for sourcing, negotiating and financing infrastructure investments. Prior to Goldman Sachs, Ms. Beaumont was a Senior Corporate Associate at Shearman & Sterling LLP, the international law firm, where she represented and provided legal and business counsel to a wide range of clients, including Fortune 500, multinational and national companies, investment banks and private businesses throughout a range of industries.