Buyouts Magazine profiles South Florida private equity leaders Peter Brockway and Michael Moran. After meeting on opposite sides of a deal in 1993, Peter Brockway and Michael Moran founded Brockway Moran & Partners in 1998 and set out to raise their first fund with a target of $125 million and a hard cap of $200 million. Flagship investors included Goldman Sachs, Brinson Partners (now Adams Street Partners) and PPM America. Today, Brockway Moran & Partners has $1.3 billion of capital under management. The firm invests in growth-oriented, middle market companies valued between $50 million and $200 million.
Completing nine deals since August 2002, Peter Brockway, a managing partner since he co-founded the firm in 1998, insists there is a simple formula for the firm’s success. “Our nucleus has been completing leveraged buyouts since the 1980’s,” Brockway said. “Most of the people starting back then have morphed over time; one thing that’s different with us is that we began doing $100 million deals in the 1980’s and stuck with them.”