Brian Sheth

American businessman

Adria Marie Ferguson
​
​
(m. 2003)​
Children2

Brian N. Sheth is the former President of Vista Equity Partners, a private equity fund based in Austin, Texas. Sheth was listed in the Forbes 2018 World Billionaires list with an estimated net worth of $2 billion.[1] He was also a member of Fortune’s 2015 “40 under 40” list and Forbes’ 40 under 40 in 2015.[2][3] In 2020, Forbes ranked him No. 359 in the Forbes 400 list of the richest people in America.[4]

Early life

His father was an immigrant from India who worked in finance and marketing, and his Irish-Catholic mother worked as an insurance analyst.[5]

Education and early career

Sheth holds a B.S. in Economics from the Wharton School of the University of Pennsylvania.

He worked in the mergers and acquisitions groups at Goldman Sachs and Deutsche Morgan Grenfell, where he advised clients in a variety of industries, including software, hardware, semiconductors, and online media.[6]

Sheth then worked at Bain Capital, where he focused on leveraged buyouts of technology companies.

Vista Equity Partners

In 2000, Sheth joined Vista Equity Partners as vice president.[7] Vista is an investment firm that owns over 50 software companies and has 65,000 employees worldwide, making it the fourth largest enterprise software company after Microsoft, Oracle, and SAP.[8] Vista was named the world’s top-performing private equity firm by the 2014 HEC-Dow Jones Private Equity Performance Ranking.[9] In 2010, Sheth became president of the company and was given the title of co-founder.[7][10] In November 2020, Sheth resigned from Vista.[7][10]

Boards and philanthropy

Sheth sits on a number of boards, including: The Active Network, Advicent, Aptean, Autotask, Bullhorn, DealerSocket, Global Wildlife Conservation, Greenway, MarVista Entertainment, MRI Software, STATS, Taxware, and Forcepoint.[6][11]

Sheth and his wife, Adria Sheth, established the Sheth Sangreal Foundation, which is dedicated to education and wildlife conservation.[12][13] Sheth also chairs the Global Wildlife Conservation, an international organization working in over 50 countries around the world to protect wildlife and ecosystems.[11][14][15]

References

  1. ^ "Brian Sheth". Forbes. Retrieved November 19, 2018.
  2. ^ "Fortune's 2016 40 Under 40". fortune.com. September 22, 2016. Retrieved March 15, 2017.
  3. ^ Kroll, Luisa. "Brian Sheth - pg.19". forbes.com. Retrieved March 15, 2017.
  4. ^ "The Forbes 400: The Definitive Ranking Of The Wealthiest Americans in 2020". Forbes. Archived from the original on March 12, 2011. Retrieved September 29, 2020.
  5. ^ Vardi, Nathan. "The Billionaire Who Is The Biggest Dealmaker In Software". Forbes. Retrieved October 7, 2020.
  6. ^ a b "Brian Sheth - Vista". vistaequitypartners.com. Retrieved March 15, 2017.
  7. ^ a b c "Austin billionaire Sheth leaving Vista Equity in wake of Smith tax scandal". Austin American-Statesman. November 27, 2020. Retrieved December 3, 2020.
  8. ^ "Vista Equity: The Biggest Software Group You've Never Heard Of". PCMAG. Retrieved November 19, 2018.
  9. ^ "The 2015 HEC-DowJones Private Equity Performance Ranking - Robert Agostinelli". robertagostinelli.net. December 21, 2015. Retrieved March 15, 2017.
  10. ^ a b Dorbian, Iris (November 30, 2020). "Vista Equity President Sheth steps down". PE Hub. Retrieved December 3, 2020.
  11. ^ a b "Board of Directors - Global Wildlife Conservation". globalwildlife.org. Retrieved March 15, 2017.
  12. ^ "About Us - Sangreal Foundation". sangrealfoundation.org. Archived from the original on March 16, 2017. Retrieved March 15, 2017.
  13. ^ "Worth Giving: How Tech Finance Leader Brian Sheth Wants to Save the Planet". worth.com. Retrieved March 15, 2017.
  14. ^ Vardi, Nathan. "The Billionaire Who Is The Biggest Dealmaker In Software". Forbes. Retrieved November 19, 2018.
  15. ^ "Youth and Conservation: The Holy Grails of a Young Billionaire Couple's Giving". Inside Philanthropy. Retrieved November 19, 2018.