- Charlesbank Capital Partners
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Charlesbank Capital Partners Type Private Ownership Industry Private Equity Founded 1991 Headquarters Boston, Massachusetts, United States Products Private equity funds, Leveraged buyouts, Recapitalizations, Growth capital Total assets $2 billion Website www.charlesbank.com Charlesbank Capital Partners is a private equity investment firm focusing on leveraged buyout transactions involving middle-market companies.
The founders of Charlesbank came together in 1991 as Harvard Private Capital Group to manage the private equity investment portfolio for Harvard Management Company.[1][2] In 1998, the founders launched Charlesbank Capital Partners, an independent firm also based in Boston, MA.
In 2000, the firm raised $600 million for Charlesbank Equity Fund V, its first fund to include outside institutional investors. Subsequent funds include Charlesbank Equity Fund VI ($1 billion raised in 2005) and Charlesbank Equity Fund VII ($1.5 billion raised in 2009). The firm's founders include CEO Michael R. Eisenson, Kim Davis (who heads the New York office), Tim Palmer, Mark Rosen and Michael Thonis. Charlesbank is currently led by the founding team as well as fellow managing directors Sam Bartlett, Jon Biotti, Michael Choe, Andrew Janower, Joshua Klevens and Brandon White. The firm has over $2.0 billion of capital under management.
Among the company's current and historical investments are the following:
American Tire Distributors, Animal Health International, Aurora Organic Dairy, Bankruptcy Mgmt. Solutions, Blacksmith Brands, Catlin, Cedar Creek, CIFC, CSI Leasing, DEI Holdings, GSI, Horn Industrial Services, Papa Murphy’s, Mastercraft, OnCore Manufacturing Services, Peacock Engineering, Regency Gas Services, Sagittarius Brands, Shoppers Drug Mart, Southcross Energy, StoneCastle Partners, Tecomet, TLC Vision, Universal Technical Institute, WorldStrides, Zayo, and Zenith Products.
References
- ^ Strom, Stephanie. Harvard's Invisible Fund-Raising. New York Times, July 25, 2004.
- ^ Harvard's endowment fund cuts reliance on bonds International Herald Tribune, December 15, 2006
External links
- Charlesbank Capital Partners (company website)
Private equity and venture capital investment firms Investment strategy History History of private equity and venture capital · Early history of private equity · Private equity in the 1980s · Private equity in the 1990s · Private equity in the 2000sInvestors Institutional Investors · Pension funds · Insurance companies · Endowments · Investment Banks · Merchant banks · Fund of funds · High net worth individuals · Angel investors · Family offices · Sovereign wealth fundsPrivate equity firms · Venture capital firms · Portfolio companiesCategories:- Private equity firms
- Companies established in 1991
- Harvard University
- Private equity firm stubs
- Financial services company stubs
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