BDT & MSD Partners

BDT & MSD Partners

Strategic advisory and long-term capital provider

Overview

BDT & MSD Partners provides strategic advisory and long-term capital to family- and founder-led businesses. It helps with mergers and acquisitions, capital structure, ownership and governance, trust and estate planning, family office management, and philanthropy. The firm operates in private capital, credit, real estate, and growth equity markets, using its network and market expertise to offer differentiated capital and creative financing solutions. Revenue comes from advisory fees and returns on investments through affiliated funds. The goal is to be a flexible, long-term partner with aligned interests, supporting sustainable growth and social impact while helping clients navigate complex issues and build enduring value.

About BDT & MSD Partners

Simplify's Rating
Why BDT & MSD Partners is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consulting

Financial Services

Real Estate

Company Size

201-500

Company Stage

Series A

Total Funding

$5.3B

Headquarters

Chicago, Illinois

Founded

2023

Get referred to BDT & MSD Partners

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • January 2026 hired Adam Beshara as president, signaling institutionalization beyond founders.
  • July 2026 hired Darren Cohen to raise a new tech fund.
  • Its 2026 deals include Speed Bay, Designs for Health, and Disney-Four Seasons financing.

What critics are saying

  • Tech expansion risks brand confusion and execution drift from its founder-business core by 2026.
  • Dependence on Dell-linked capital concentrates fundraising power around one sponsor and one reputation.
  • Heavy exposure to illiquid private assets and deal cycles can trap capital during 2026 downturns.

What makes BDT & MSD Partners unique

  • 2023 merger paired Byron Trott’s family-business platform with Michael Dell’s capital base.
  • BDT & MSD’s 2026 tech push combines Goldman-style investing with merchant-bank patient capital.
  • The firm still serves founder-led owners across advisory, private capital, credit, real estate.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$5.3B

Above

Industry Average

Funded Over

0 Rounds

Benefits

Hybrid Work Options

Company News

Semafor
Jul 27th, 2026
BDT & MSD Partners hires Goldman's Darren Cohen to lead new tech fund

BDT & MSD Partners, which manages much of Michael Dell's fortune, has hired Goldman Sachs partner Darren Cohen to lead tech investments and raise a new fund. Cohen oversaw Goldman's investments in Anthropic and Databricks during his 23-year tenure. The move marks a shift for the merchant bank, which historically served old-line industrial families and avoided tech exposure. BDT & MSD raised an $832 million tech fund last year, taking stakes in OpenAI, Waymo, Helsing, Revolut, and Project Prometheus. Cohen will lead the tech business alongside Ryan Nolan and work with Juliet de Baubigny, who is being promoted to co-president. At Goldman, Christian Resch and Hillel Moerman will replace Cohen.

EU-Startups
Jul 15th, 2026
Daniel Ek’s Neko Health raises €612.7 million Series C as it prepares for US expansion | EU-Startups

Neko Health, the Stockholm-based HealthTech company, has today announced the completion of its €612.7 million ($700 million) Series C funding round, with

Business Wire
Jun 10th, 2026
Beacon Raises $225M Series C to Bring AI to the Everyday Economy

Beacon, the company bringing frontier technology to the real economy, today announced a $225 million Series C. The round was led by General Catalyst and Harb...

Citybiz
Jun 3rd, 2026
Former Black Creek Founders Launch Speed Bay With $250 Million Commitment From BDT & MSD

Speed Bay Warehouse Solutions has launched with a $250 million strategic capital commitment from BDT & MSD Partners and an... Read More

Sustainable Times
May 11th, 2026
ECOncrete raises $14.7M to scale biodiversity-enhancing marine concrete across global coastal projects

ECOncrete has raised $14 million in a funding round led by Builders Vision, with participation from Barclays Climate Ventures, Monaco's ReOcean Fund, BDT & MSD Partners, and Open Road Impact. The company develops marine concrete that supports biodiversity whilst meeting structural performance standards for coastal infrastructure. Over the past 18 months, ECOncrete has delivered its technology to over 20 marine projects worldwide, creating more than 90,000 square metres of marine habitat and tripling revenue. Projects include the Port of San Diego's Coastalock system, New York City shoreline developments, and subsea cable protection systems in Spain. The funding will support expansion in Europe, the Middle East and other global markets as demand grows for climate-resilient, biodiversity-supporting marine infrastructure.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for BDT & MSD Partners right now.

Find jobs on Simplify and start your career today

We update BDT & MSD Partners's jobs every few hours, so check again soon! Browse all jobs →