Berkshire Partners forms partnership with former Urban Outfitters exec Glen Senk
Boston -- Berkshire Partners LLC, the Boston-based investment firm, and Glen T. Senk, a New York-based retail and consumer executive, are partnering to co-invest in innovative, high-growth retail and consumer businesses. Berkshire Partners has initially committed $350 million to future investments alongside Senk and his newly formed firm, Front Row Partners LLC, where he serves as chairman and CEO.
Prior to forming Front Row Partners, Senk served as CEO of David Yurman and, prior to that, as CEO of Urban Outfitters. He also held senior executive positions at Anthropologie, Williams-Sonoma, Habitat, and Bloomingdale's. Senk serves on the board of directors of Melissa & Doug, and previously served on the boards of Bare Escentuals, cooking.com, David Yurman, Tory Burch, and Urban Outfitters.
"I could not have found a more complementary partner than Berkshire Partners for this new venture," Senk said. "They are an exceptional group of people with tremendous integrity and deep experience investing in the consumer space. Front Row Partners will benefit immensely from having access to the talent and resources that Berkshire can provide.”