Thomas Hagerty, managing director at private equity firm Thomas H. Lee Partners, and his wife Jeanne, paid $7.25 million for a house near North Palm Beach, property records show. The Boston-Massachusetts-based private equity firm has raised more than $22 billion of equity capital and invested in more than 140 portfolio companies, with a total value of more than $150 billion, according to its website. The sellers, Timothy P. Neher and his wife Mary Anne sold ... [more]