Mr. Preston currently manages Harris Preston & Partners, LLC, a private investment firm focused on making co-investments in the small and middle market, with his business partner, Ron Harris. Prior to the creation of Harris Preston & Partners, Mr. Preston managed 220 Partners, LLC, the predecessor firm to Harris Preston & Partners. Mr. Preston has been an active co-investor alongside many leading private equity sponsors since 1997. Prior to 220 Partners, LLC, Mr. Preston was a Portfolio Manager in the Private Markets Group at The University of Texas Investment Management Company (‘UTIMCO’), where he was responsible for the commitment of more than $1.0 billion to 32 private equity investment partnerships.
Since 1997, Mr. Preston has managed an investment effort focused on co-investing alongside proven private equity firms. Mr. Preston has developed extensive relationships with private equity investment firms and professionals, high-quality management teams, wealthy family offices, and others in the Harris Preston & Partners, LLC network. Mr. Preston has led and co-led co-investments in the Harris Preston & Partners core strategy exceeding $250 million in more than 70 companies, and has evaluated more than 250 co-investments (totaling more than $1 billion in investment opportunities) originating from the Harris Preston & Partners network. Prior to entering the private equity investment industry, Mr. Preston was a corporate finance and securities attorney with Vinson & Elkins LLP, where his practice included a broad range of public and private financings, investments, mergers and acquisitions.
Mr. Preston currently is a member of the board of directors or managers of several small and middle market companies.
Mr. Preston holds a law degree from Southern Methodist University (Cum Laude and Order of the Coif) and a Bachelor’s degree in both Economics (B.A.) and Business (B.B.A.) from The University of Texas at Austin.