Rizvi Traverse Management overview
Stories about Rizvi Traverse Management
Hefner moves closer to Playboy take-private
Playboy’s board has approved a bid from Hefner and private equity firm Rizvi Traverse of $6.15 per share, up from a previous bid of $5.50 per share.
Firm in Playboy bid requested mandate changes
Rizvi Traverse Management, the Detroit firm partnering with Hugh Hefner to take Playboy private, has attempted to change its investment mandate at least twice over the years.
Rizvi Traverse Management contact information
Offices
Contacts
| Name | Job title | Location | |
|---|---|---|---|
| Key Contact | Job titleCo-Founder and Chief Investment Officer | LocationWest Palm Beach, United States | Email |
Job titleChief Financial Officer | LocationNew York, United States | Email | |
Job titleChief Compliance Officer, Principal and General Counsel | LocationWest Palm Beach, United States | Email | |
Job titleCo-Founder and Member of the Investment Committee | LocationWest Palm Beach, United States | Email | |
Rizvi Traverse Management funds managed
Funds in market: 5
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size | Open dateMay 2024 | Strategy | |
Fund size | Open date- | Strategy | |
Fund size | Open date- | Strategy | |
Closed funds: 15
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size | Close dateNov 2025 | Strategy | |
Fund size | Close dateMar 2024 | Strategy | |
Fund size | Close dateSep 2023 | Strategy | |
Stories that mention Rizvi Traverse Management
At least 3 co-invest with Blackstone in Team Health deal
Blackstone initially considered investing out of its long-term fund, Blackstone Core Equity Partners, instead of its seventh buyout fund.
Blackstone’s long-term equity fund makes first investment
Blackstone Core Equity Partners, which has at least a 15-year investment time horizon, saw an attractive opportunity in a music licensing and royalty company.