28-Year Veteran of Private Equity
Focus on Technology, Healthcare and Technology-Enabled Growth Companies

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.”