Vestar Capital Partners
Vestar Capital Partners is an American private equity firm focusing on leveraged buyout transactions in middle-market companies in the United States.[1]
The firm, which was founded in 1988, is headquartered in New York City with offices in Boston, Massachusetts and Denver, Colorado, in the U.S.
History[]
Vestar is a leading private equity firm specializing in management buyouts and growth capital investments. Vestar was founded in 1988 by principals of The First Boston Corporation’s Management Buyout Group.[2] Four of the original founders -- Daniel O'Connell, Norman Alpert, Robert Rosner, and James Kelley -- are still with the firm.
Since the firm's founding in 1988, the Vestar funds have completed more than 80 investments in companies with a total value of more than $46 billion.
Investment funds[]
Since its inception in 1988, Vestar has raised seven private equity funds with total investor commitments of more than $8 billion. The first six of those funds have been fully invested. Vestar Capital Partners VII is actively evaluating U.S middle-market investment opportunities.
- 1988 - Vestar Capital Partners ($35 million - Fully invested and liquidated)
- 1993 - Vestar Capital Partners II ($260 million - Fully invested and liquidated)
- 1997 - Vestar Capital Partners III ($803 million - Fully invested)
- 1999 - Vestar Capital Partners IV ($2.48 billion - Fully invested)
- 2005 - Vestar Capital Partners V ($3.7 billion - Fully invested)
- 2013 - Vestar Capital Partners VI ($804 million - Fully invested)
- 2019 - Vestar Capital Partners VII ($1.1 billion - Currently investing)
References[]
- ^ "About Us", http://www.vestarcapital.com/en/about/,[permanent dead link] 8/27/08
- ^ Vestar-Led Group In M&H Buyout. New York Times, August 12, 1988
External links[]
- Vestar Capital Partners (company website)
- Private equity firms of the United States
- Financial services companies established in 1988
- Companies based in New York City