# Frank Loverro

> Frank Loverro is co-chief executive officer, an investment partner and a management committee member at Kelso & Company. He joined the New York private equity firm in 1993 after work at First Boston and became co-CEO in 2016. His career includes board roles in energy and shipping, alongside university and school trusteeships.

- **Role:** Co-Chief Executive Officer at Kelso & Company
- **Organizations:** Kelso & Company, The First Boston Corporation, University of Virginia College Foundation, Prep for Prep, Greenwich Country Day School, Zenith Energy
- **Nationality:** American
- **Education:** B.A. in Economics with Distinction, University of Virginia
- **Known for:** Became Kelso co-CEO in 2016 after joining the firm in 1993., Serves as an emeritus trustee of the University of Virginia College Foundation and co-chairs its New York Regional Board., Co-led Kelso when Fund XI closed at $3.25 billion in October 2023.

## Career timeline

- **Before 1993** — Worked for three years in First Boston’s private equity investment and high yield finance groups.
- **1993** — Joined Kelso.
- **2004** — Became a managing director at Kelso.
- **2012** — Began serving as a director of Tallgrass Energy Holdings in August.
- **2013** — Joined Kelso’s management committee.
- **2016** — Became co-chief executive officer of Kelso.

## Achievements

- Became Kelso co-CEO in 2016 after joining the firm in 1993.
- Serves as an emeritus trustee of the University of Virginia College Foundation and co-chairs its New York Regional Board.
- Co-led Kelso when Fund XI closed at $3.25 billion in October 2023.

## Latest updates

- **2026-06** — Kristina and Frank Loverro were listed among event chairs for Prep for Prep’s 2026 Lilac Ball, held June 8; the organization reported $4.7 million raised.
- **2023-11** — Kelso announced Loverro and Christopher Collins as keynote speakers at the seventh annual Sahar Global Summits flagship summit, for a fireside chat on GP ownership and economics.
- **2023-10** — Kelso announced the $3.25 billion close of Fund XI, including more than $400 million committed by partners and employees.

## Links

- Website: https://www.kelso.com/team/frank-loverro
- LinkedIn: https://www.linkedin.com/in/frank-loverro-2647bb89

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Profile page: https://yespress.io/frank-loverro
Published by YesPress — https://yespress.io
Last updated: 2026-10-09