Founded in 1988 by Leo Hindery Jr., InterMedia Partners, LP is premised on the philosophy that by bringing extensive operating experience to media private equity the fund could drive superior returns. Over the course of its seven funds, InterMedia has invested in cable television, broadcast television, print, programming, and broadband opportunities. InterMedia’s Senior Partners have over 50 years of operating experience and, by making control investments, they are able to bring that knowledge base to bear on the acquired assets. InterMedia’s process begins with the identification of the most opportune segments of the media industry at a given moment in the cycle. Once the target segment is identified, InterMedia’s partners use their extensive networks of relationships to identify assets in that segment which can be acquired. While InterMedia seeks to optimize financing structures, financial engineering is not a goal unto itself. The team focuses on what can be done at the company to improve the assets and grow the business. Working hand in hand with portfolio company managements, InterMedia’s partners use their operating backgrounds to bring added value and experience to each of the portfolio’s companies.