Tully Friedman has over forty years of experience in finance and thirty years as a private equity investor. Prior to forming FFL, he co-founded and served as one of two managing general partners of Hellman & Friedman. From 1984 through early 1997, Hellman & Friedman established private equity partnerships representing more than $2.5 billion and made substantial investments in 40 companies, including Levi Strauss, Mattel, Young & Rubicam, and Franklin Resources. Previously, he was a Managing Director of Salomon Brothers Inc, where he founded the firm's West Coast Corporate Finance Department and served on the firm's national Corporate Finance Administrative Committee. He is currently on the Board of Directors of Benevis LLC, and Church’s Holding Corporation. He previously served as a Director of a number of public corporations including CapitalSource, Levi Strauss, Mattel Incorporated, McKesson Corporation, and The Clorox Company.
He is Chairman of the American Enterprise Institute, Vice Chairman of the Telluride Foundation, and a Director of the George Lucas Museum of Narrative Art. He graduated with an A.B., with great distinction, from Stanford University and received a J.D. from Harvard Law School.