Langbahn Team – Weltmeisterschaft

Charlesbank Capital Partners

Charlesbank Capital Partners
Company typePrivate
IndustryPrivate Equity
Founded1998; 26 years ago (1998)
HeadquartersNew York City and Boston (United States)
Key people
Michael R. Eisenson, Michael Choe
ProductsPrivate equity funds, Leveraged buyouts, Recapitalizations, Growth capital
AUM$18+ Billion
Number of employees
40+
Websitewww.charlesbank.com

Charlesbank Capital Partners is a private equity investment firm focusing on management-led buyouts and growth capital financing of middle-market companies. The firm typically invests $50 million to $250 million of equity per transaction in companies with enterprise values of $150 million to $1.5 billion. Charlesbank's strategy emphasizes investing across a broad range of industries, transaction types and levels of the capital structure. With the addition of a credit strategy in 2016, the firm also engages in opportunistic or special situations credit investing.

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, Massachusetts. The firm employs more than 65 people between its Boston and New York City offices and has over $5 billion of capital under management.[citation needed]

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), Charlesbank Equity Fund VII (~$1.5 billion raised in 2009), Charlesbank Equity Fund VIII (~$1.75 billion raised in 2014)[3][4] and Charlesbank Equity Fund IX (~$2.75 billion raised in 2017)[5] The firm's founders include co-chairmen Michael R. Eisenson and Kim Davis as well as Tim Palmer, Mark Rosen and Michael Thonis, who now serve as Senior Advisors. Charlesbank is currently led by managing directors Sam Bartlett, Darren Battistoni, Joshua Beer, Ryan Carroll, Michael Choe (CEO), Sandor Hau, Andrew Janower, Joshua Klevens, Hiren Mankodi, Stephanie Pare Sullivan and Brandon White.

See also

References

  1. ^ Strom, Stephanie. "Harvard's Invisible Fund-Raising". The New York Times, July 25, 2004.
  2. ^ Keenan, Matthew (December 15, 2006). "Harvard's endowment fund cuts reliance on bonds". Marketplace by Bloomberg. International Herald Tribune. Archived from the original on Jan 28, 2007.
  3. ^ Witkowsky, Christopher, Private Equity Online, "Charlesbank Raises $1.5Bn in 'Blink of an Eye'", September 10, 2009
  4. ^ Wee, Gillian, Bloomberg, "Harvard's Crimson Cubs With $43 B Dwarf Their Former Endowment Home", March 2, 2011.
  5. ^ Dorbian, Iris (2017-10-24). "Charlesbank racks up $2.75 bln for ninth fund". PE Hub. Archived from the original on Mar 31, 2019.