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Ross Jones has spent more than three decades at Berkshire Partners LLC, helping guide the Boston-based investment firm through a period of remarkable growth while remaining committed to the principles that first drew him there. As a longtime Managing Director, Jones has helped shape the firm's culture and long-term vision, earning the respect of colleagues both inside and outside the investment industry. His leadership, however, extends beyond the workplace, reflecting a career built on purpose, service, and a commitment to investing in people as much as business. Throughout his 33 years at Berkshire Partners, Jones has helped build on a philosophy that set the firm apart from many of its competitors. "I wanted to find a place that I could spend the rest of my career," Jones said. While others pursued rapid expansion, Berkshire remained focused on excellence, collaboration, and long-term stewardship. Those principles have guided the firm's evolution from a relatively small partnership into a prominent middle market firm and have remained central to Jones' own approach to leadership. However, his journey toward leadership began far from the boardroom. Growing up in Darien, Connecticut, Jones was the second of four boys in what he laughingly describes as a household full of competition. "There was no lack of competitive juices flowing in the Jones family," he recalled. Athletics became an important part of his upbringing. He captained his high school soccer team before continuing to play in college, but his entrepreneurial instincts surfaced just as early. As a teenager, Jones mowed lawns, delivered newspapers, babysat, and sold candy. He saved enough money to start investing in the stock market at just 15 years old. His love of business existed alongside a deep appreciation for nature, hiking, and the outdoors, interests that reflected an early curiosity about the world around him. "I didn't know whether I should be an investor or a park ranger," he said. "I had to make choices in life." Jones ultimately attended Dartmouth College, graduating in 1987 with degrees in economics and computer science. During the early years of personal computing, his technical background opened doors to internships with companies such as Pepsi and IBM, where he analyzed data and developed computer systems at a time when businesses were only beginning to recognize the value of digital information. Rather than immediately settling into a career after graduation, Jones and a close friend chose a different path. They spent eight months traveling through 25 countries before returning home with unforgettable experiences and empty bank accounts. Running out of money proved to be the motivation he needed to begin his professional career in New York with a startup merchant bank during the height of the leveraged buyout boom in the late ‘80s. The experience taught him valuable lessons about finance, but it also revealed the type of culture he did not want. Although surrounded by exceptionally talented professionals, Jones found himself working in an environment driven largely by internal competition and winning at all costs. "It was very aggressive," he said. "Everything was about how do we win? Somebody has to lose for us to win." The experience permanently shaped his priorities. Rather than pursuing the highest salary or most prestigious title, Jones became determined to find an organization whose values aligned with his own, which ultimately led him to Berkshire Partners after earning his MBA at Stanford University. Founded in Boston in 1984, Berkshire Partners has become a highly regarded and recognizable firm, focusing on long-term partnerships with companies across consumer products, industrials, healthcare, technology, communications, and business services. Throughout Jones' tenure, the firm intentionally resisted the industry's pressure to pursue rapid expansion for its own sake. "We were putting the excellence of our results ahead of the AUM growth as a primary goal," Jones explained. That philosophy has enabled Berkshire to remain privately owned and independent while many competitors have merged, gone public, or dramatically increased their size. Jones credits much of that success to the values of the firm’s founders and a culture built around collaboration. Over the years, he helped develop Berkshire's committee-based leadership structure while serving as chairman of both the firm's governance and private equity committees, which represent the overwhelming majority of the firm's assets under management. Rather than emphasizing individual achievement, the firm continues to operate through shared leadership and consensus-driven decision-making. Those values are formally articulated through Berkshire's three cultural pillars: the power of teamwork, relationships matter, and winning the right way. "I feel like I'm a better person because I've been at Berkshire," Jones said, recalling comments he has heard from colleagues throughout the years. That emphasis on character reflects something even deeper than corporate culture. "My family and my faith are bedrock values for me," Jones said. Rather than separating his personal beliefs from professional responsibilities, Jones believes faith informs every leadership decision he makes, particularly during difficult moments. "I try to be honest and direct with people and do it in a way that's filled with grace and empathy," he said. Whether helping employees navigate career transitions or making difficult organizational decisions, Jones believes every individual possesses inherent dignity and deserves respect. That same worldview eventually inspired one of the family's most meaningful endeavors. Following a three-month sabbatical from Berkshire in 2009, Ross and his wife Emily began reflecting on what faithful stewardship should look like after experiencing significant financial success. They concluded they neither wanted to maximize personal spending nor simply accumulate wealth for future generations. Instead, they wanted to invest in repairing brokenness throughout the world. The result became the Imago Dei Fund, a philanthropic organization named after the Latin phrase meaning "image of God." "We wanted to put it back into the world, and try to figure out what was ours to do," Jones said. Today, the foundation supports organizations around the globe working to eliminate barriers facing women and girls while advancing initiatives that promote human dignity, opportunity, and restoration. What began as a family vision has grown into an international philanthropic organization with a dedicated team supporting projects across multiple continents. Emily has played an indispensable role throughout that journey. Jones describes his wife of 34 years as his "life partner" and "anchor," someone whose honesty and perspective have continually helped keep him grounded amid the challenges of a demanding career. Together they raised three children, two sons and a daughter, while intentionally protecting family traditions despite the pressures of private equity. Jones recalls advice from an older businessman he met on a flight that permanently influenced his priorities. "Everyone says it’s quality, not quantity time that matters. That may be true at work, but in the family, it’s quantity time that counts," he remembered being told. That lesson shaped his commitment to being home for dinner whenever possible, skiing with his family on weekends, taking vacations with extended family, and investing deeply in friendships through church and community life. His commitment to service extends well beyond his own family. Consistent with his partners and his commitment to giving back, Berkshire developed Berkshire Cares, a program that matches both employees' charitable donations and volunteer hours to encourage giving throughout the firm. The company also organizes an annual community service day that has now continued for two decades. As part of that, Jones has become closely associated with the Pan-Mass Challenge, the annual bicycle fundraiser supporting the Dana-Farber Cancer Institute. What began with only a handful of Berkshire employees participating has grown into one of the event's largest fundraising teams. "We had such a powerful experience," Jones said. "We came back, we were so enthusiastic." Today, nearly 60 Berkshire riders participate, including many members of the next generation with grown children riding alongside them. As Jones transitions into the next chapter of his career, his definition of success remains notably different from many in high finance. "For me, success is applying and developing your gifts in an environment where they can produce great results and impact people in a positive way," he said. Jones believes the greatest measure of a life is not found in dollars earned or deals completed but in relationships built and lives influenced. "I think investing in people and relationships lead to a more meaningful work experience," he said. "Ultimately, I think when we all get through life, we're going to look back on who we know and how we impacted people, rather than whether we made the last dollar we could have made." For Ross Jones, that philosophy has defined a career built not only on sound investments but on lasting purpose; one that continues to strengthen businesses, communities, and countless lives throughout Massachusetts and beyond.
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