Diamond Castle Holdings is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies across a range of industries including the media, healthcare, financial services, power and industrial sectors.
 | |
| Company type | Private |
|---|---|
| Industry | Private equity |
| Predecessor | DLJ Merchant Banking Partners |
| Founded | 2004 |
| Founder | Lawrence Schloss[1] |
| Headquarters | New York, New York, U.S. |
Key people | Ari Benacerraf, Michael Ranger, Andrew Rush, David Wittels |
| Products | Leveraged buyout |
| Total assets | $1.9 billion |
Number of employees | 25+ |
| Website | www.dchold.com |
The firm, which is based in New York City, was founded in 2004. As of 2011, the firm had raised approximately $1.9 billion since its inception.[2]
History
editIn 2004, DLJMB co-head Larry Schloss, along with four senior members of DLJ Merchant Banking Partners, led a spinout from Credit Suisse to form a new private equity firm which would come to be known as Diamond Castle Holdings.[3][4]
In December 2006, the firm announced it had completed fundraising for a $1.85 billion private equity fund, known as Diamond Castle Partners IV (a reference to the three DLJMB funds previously raised).[1]
See also
editReferences
edit- ^ a b After the Summit, a Different Path. New York Times, December 15, 2006
- ^ "Khosla Ventures raises $1.05B fund, half of it for cleantech". Reuters. 2011-10-14. Retrieved 2023-08-25.
- ^ Moore, Heidi N. DLJ: Wall Street's Incubator The Wall Street Journal, March 10, 2008
- ^ Former CSFB execs to launch new private equity firm. Archived 2009-01-09 at the Wayback Machine AltAssets, September 22, 2004
External links
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