# Michael J. Seligman

> Michael J. Seligman is an independent adviser to private equity firms and asset managers investing in financial and corporate services businesses across Europe, Iberia and the Americas. He is based in Portugal. He is a former Head of the Americas and Global Executive Committee member at TMF Group, and co-founder of LeSel.

## Identity

- Full name: Michael J. Seligman
- Role: Independent Advisor, Private Markets (since September 2024)
- Location: Portugal
- Coverage: Europe, Iberia (Spain, Portugal) and the Americas, including the US
- Languages: English, French, Italian; working Spanish and Portuguese
- Website: https://seligman.eu/
- LinkedIn: https://www.linkedin.com/in/michaeljseligman
- Bloomberg profile: https://www.bloomberg.com/profile/person/22810956

## Practice

An operator's view across the deal cycle:

- Before you buy: commercial and operational due diligence; market and competitive assessment.
- While you own it: value-creation planning and post-merger integration.
- Before you sell: commercial strategy and operating model work with management ahead of investment, expansion or sale.
- Sectors: fund administration, corporate services and capital markets, for European and US investors.
- Client engagements are confidential.

## Career

- 2024–present: Independent Advisor, Private Markets
- 2025–present: Co-founder, LeSel (https://lesel.ai)
- 2022–2023: Head of the Americas, TMF Group; Global Executive Committee; 20+ countries, 2,500+ people
- 2019–2022: Head of Latin America and Iberia, TMF Group; regional lead on the acquisition of Paraty Capital (Brazil)
- 2018–2019: Managing Director, Mediterranean Europe, TMF Group (Portugal, Spain, Italy, Malta)
- 2015–2018: Managing Director, Sweden, then Nordics and South West Europe, TMF Group
- 2011–2015: Global Relationship Director, TMF Group (joined via Equity Trust, shortly before its merger with TMF)
- 2007–2011: Fund structuring and private investment
- 2002–2007: Southeast Asia; built and sold a telecoms services business
- Education: European Business School, BA Business Management

## Press

- [TMF Group acquires Paraty Capital](https://www.tmf-group.com/en/news-insights/press-releases/tmf-group-acquires-funds-business-paraty-capital/): TMF Group press release quoting Michael Seligman as Head of Iberia and Latin America
- [TMF completes Paraty Capital acquisition](https://www.paminsight.com/fundtruffle/article/tmf-group-completes-acquisition-of-brazilian-fund-administration-platform-paraty-capital): PAM Insight coverage

## Writing

- [One Sponsor, Three Bets](https://www.linkedin.com/posts/michaeljseligman_fifteen-times-at-tricors-entry-a-little-ugcPost-7511097062705430529-KRCl): Permira's investments in Tricor, Alter Domus and JTC
- [Buyers Can Model the Revenue. They Can't Model Who Stays.](https://www.linkedin.com/posts/mseligman_buyers-can-model-the-revenue-they-cant-activity-7503380271463854080-zVuc)
- [The Last Mile: Why Transformation Plans Die at the Office Door](https://www.linkedin.com/pulse/last-mile-why-transformation-plans-die-office-door-michael-seligman-gvape)
- [What Eighteen Months on the Buy Side Taught Me About Services Businesses](https://www.linkedin.com/posts/mseligman_what-eighteen-months-on-the-buy-side-taught-activity-7497979106014236672-nRVK)

## Contact

- Email: michael@seligman.eu