LionTree

LionTree is a prominent independent investment bank based in New York, specializing in the media, technology, and telecommunications (MTT) sectors. While primarily known for its advisory services, including mergers and acquisitions, capital raising, and strategic counsel, the firm also operates a dedicated principal investment arm, LionTree Partners. This investment division focuses on making direct equity investments in growth-stage and later-stage companies within its core industry verticals.

LionTree's investment strategy is distinct from traditional early-stage venture capital. Instead of leading seed or Series A rounds, LionTree Partners typically participates in larger, often multi-investor, funding rounds. Their role is frequently strategic, leveraging their deep industry expertise and extensive network to support portfolio companies. This approach aligns with their broader advisory business, allowing them to co-invest alongside clients or identify promising companies that could benefit from their strategic insights and connections.

The firm has demonstrated its significant presence in the MTT landscape through its advisory work on some of the largest transactions, such as advising Time Warner on its approximately $85 billion acquisition by AT&T. On the investment side, LionTree Partners raised its third principal investment fund, LionTree Partners III, with $200 million in capital, specifically earmarked for growth-stage investments. This fund size indicates a preference for substantial, multi-million dollar commitments rather than smaller, early-stage cheques. Their investments are typically in the range of $5 million to $30 million, reflecting their focus on providing meaningful capital to mature, high-growth businesses.