From Wikipedia, the free encyclopedia
Court Square Capital Partners
Court Square Capital Partners
Court Square Capital Partners
Type Founded Headquarters Industry Products Total assets Website
Private Ownership 1968 New York City Private Equity private equity funds $6 billion www.courtsquare.com
The spinout of Court Square came at the same time as the spinouts of private equity groups from other leading investment banks including: JPMorgan Chase (CCMP Capital), Morgan Stanley (Metalmark Capital), Deutsche Bank (MidOcean Partners) and Credit Suisse First Boston (Avista Capital Partners, Diamond Castle Holdings). In 2008, Citigroup sold off the bulk of its $400 million of interests in legacy Court Square investment funds to secondary investors AlpInvest Partners and Goldman Sachs.[1]
External links
• Court Square Capital Partners (company website)
Court Square Capital Partners is a private equity firm focused on leveraged buyout transactions. Court Square was originally a capitve private equity firm within Citigroup known as Citigroup Venture Capital Equity Partners. Court Square’s investment professionals have invested over $4.5 billion in more than 150 transactions, which have returned $14 billion to date. Court Square currently manages approximately $6 billion of investor commitments. The firm focuses on several industry sectors including: business services, healthcare, industrials, media and publishing, and technology and telecommunications. Court Square is headquartered in New York City and was spun out of Citigroup in 2006. The firm is named after the location of Citigroup’s offices at One Court Square in Queens, New York. The firm’s predecessor Citigroup Venture Capital Equity Partners traces its roots to 1968 with the founding of Citigroup Venture Capital. In the 1980s, CVC Equity Partners began to focus primarily on leveraged buyout transactions.
References
[1] Kreutzer, Laura. "Citigroup shutting down VC arm after Metalmark buy." DowJones Private Equity News, May 29, 2008 • Moore, Heidi. Court Square fundraising tops rivals DowJones Financial News, July 13, 2007 • Moore, Heidi. Banks look to outsourced management DowJones Financial News, September 25, 2006 • "Group to Buy MacDermid for $1.3 Billion", Reuters, December 16, 2006 • "CITIGROUP UNIT AGREES TO BUY REST OF DELCO REMY." New York Times, February 8, 2001 • Carr, David. "Citigroup Unit Buys Real Estate Publications." New York Times, January 10, 2005
Retrieved from "http://en.wikipedia.org/wiki/Court_Square_Capital_Partners" Categories: Private equity firm stubs, Financial services company stubs, Private equity firms, Investment banking private equity groups
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From Wikipedia, the free encyclopedia
Court Square Capital Partners
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