Leslie L. Armitage

Ms. Armitage is a co-founder of Relativity. She has more than twenty-five years of experience across all phases of the private equity transaction process, including sourcing, investing, managing and exiting investments. Prior to founding Relativity, Ms. Armitage was a Partner and Managing Director with The Carlyle Group, where she joined as an Analyst and left as a Global Partner. During her fifteen year tenure at Carlyle, she was a key and founding member of Carlyle's preeminent aerospace and defense industry group, played a critical role in Carlyle's first major international expansion--the formation of Carlyle Europe Partners, established and led the automotive investment group and served on the firm's US Buyout Investment Committee. Ms. Armitage earned a B.S. in Economics with concentrations in Finance and Real Estate from The Wharton School, University of Pennsylvania. She also holds a Chartered Financial Analyst designation. Ms. Armitage has served on twelve corporate and several non-profit boards.     

Joyce Johnson-Miller

Ms. Johnson-Miller is a Senior Managing Director and Co-Head of Relativity Capital LLC, a private equity fund that invests in both distressed and healthy middle market companies. She has been an active investor in the private equity marketplace for more than 20 years. From 1993 to 2002, Ms. Johnson-Miller was a Managing Director of Cerberus Capital Management, LLC, where she was responsible for distressed investing in both private equity and trading platforms. In 1995, while at Cerberus, Ms. Johnson-Miller founded JJM, LLC, a certified minority owned private equity fund focused on distressed middle market investments in the manufacturing, automotive and related industries. JJM successfully exited these investments in less than 3.5 years. Ms. Johnson-Miller also worked as a Vice President with ING Bank's Corporate Restructuring Group and she began her career at Citicorp's Leveraged Capital Finance group. She has served on the board of directors of thirteen companies and is a 2007 Henry Crown Fellow at the Aspen Institute. She received her B.A. from the University of Denver in 1987.