|
CrossHarbor Capital Partners
CrossHarbor Capital Partners is an American investment firm, specializing in private equity, based in Boston. CrossHarbor Capital Partners develops and manages private equity investment products in three principal business areas: real assets, distressed securities and mezzanine capital. CrossHarbor has assets under management of $5.5 billion diversified over a half dozen distinct funds. Its client base includes college endowments, state and large organization pension funds and high-net-worth individuals seeking lower fee, high potential opportunities to offset more traditional market investments. History Prior to creating CrossHarbor, the firm's two founders, Sam Byrne and Bill Kremer, worked at FleetBoston Financial Group in the late 1980s and early 1990s. In 1991, Fleet acquired the Bank of New England which was under receivership by the FDIC. Byrne and Kremer managed the work-out of the Bank of New England's $500 million portfolio of non-performing real estate loans. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Bank
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. It was founded in 1870 and grew through multiple acquisitions, including Disconto-Gesellschaft in 1929 (as a consequence of which it was known from 1929 to 1937 as Deutsche Bank und Disconto-Gesellschaft or "DeDi-Bank"), Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. As of 2021, Deutsche Bank was the 21st largest bank in the world by total assets and 93rd in the world by market capitalization. It is a component of the DAX stock market index, and often referred to as the largest German banking institution even though the Sparkassen-Finanzgruppe comes well ahead in terms of combined assets. Deutsche Bank has bee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1992
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Boston
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity Firms
A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital. Often described as a financial sponsor, each firm will raise funds that will be invested in accordance with one or more specific investment strategies. Typically, a private equity firm will raise pools of capital, or private-equity funds that supply the equity contributions for these transactions. Private equity firms will receive a periodic management fee as well as a share in the profits earned (carried interest) from each private-equity fund managed. Private equity firms, with their investors, will acquire a controlling or substantial minority position in a company and then look to maximize the value of that investment. Private-equity firms generally receive a return on their investmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lake Viridian
A lake is an area filled with water, localized in a basin, surrounded by land, and distinct from any river or other outlet that serves to feed or drain the lake. Lakes lie on land and are not part of the ocean, although, like the much larger oceans, they do form part of the Earth's water cycle. Lakes are distinct from lagoons, which are generally coastal parts of the ocean. Lakes are typically larger and deeper than ponds, which also lie on land, though there are no official or scientific definitions. Lakes can be contrasted with rivers or streams, which usually flow in a channel on land. Most lakes are fed and drained by rivers and streams. Natural lakes are generally found in mountainous areas, rift zones, and areas with ongoing glaciation. Other lakes are found in endorheic basins or along the courses of mature rivers, where a river channel has widened into a basin. Some parts of the world have many lakes formed by the chaotic drainage patterns left over from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golf Course Community
A golf course community is a type of residential housing development built around a golf course. History Temple Terrace, Florida is often described as the first planned golf-course community in the United States, dating from the 1920s.Morgan, Philip (29 January 2014)Troubled golf club seeks more help from Temple Terrace City Council ''Tampa Bay Times'' The community was intended only for the very wealthy who would reside there for an only a few months of the year during the winter. For example, the original homes were built without kitchens as it was planned that they would dine at the community clubhouse.Moorehad, Richard & Nick WynneGolf in Florida: 1886-1950 p. 38 (2008) As golf became a sport also played by the middle class of the United States by the 1950s and 1960s, golf course communities also were developed for those players. During a period of "boom growth" in United States golf courses in the 1960s, approximately 25% of courses built each year were developed as a p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bozeman, MT
Bozeman is a city and the county seat of Gallatin County, Montana, United States. Located in southwest Montana, the 2020 census put Bozeman's population at 53,293, making it the fourth-largest city in Montana. It is the principal city of the Bozeman, MT Micropolitan Statistical Area, consisting of all of Gallatin County with a population of 118,960. Due to the fast growth rate Bozeman is expected to be upgraded to Montana's fourth metropolitan area. It is the largest micropolitan statistical area in Montana, the fastest growing micropolitan statistical area in the United States in 2018, 2019 and 2020, as well as the third-largest of all Montana's statistical areas. The city is named after John M. Bozeman, who established the Bozeman Trail and was a founder of the town in August 1864. The town became incorporated in April 1883 with a city council form of government, and in January 1922 transitioned to its current city manager/city commission form of government. Bozeman was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tim Blixseth
Timothy Lee Blixseth (born 1950) is an American real estate developer, record producer, songwriter and timber baron. He was a co-founder of the Yellowstone Club in Montana. In 2006, Blixseth was featured in the Forbes 400 List of wealthiest Americans with a net worth of $1.3 billion. However, based on court records from his 2009 divorce, news reports estimated his 2011 net worth to have dropped to $200 million. By 2012 he faced a forced bankruptcy for failing to pay the state of Montana $57 million in income taxes and in 2014 he told the courts he was "too broke" to pay pending judgments and contempt findings for his fraud role in the Yellowstone Club bankruptcy. Blixseth's wealth and assets have been the subject of controversy. The bankruptcy of the Yellowstone Club in 2008 led to extensive litigation with Blixseth and his creditors. The property emerged from bankruptcy under new ownership in 2009. Early life and education According to Blixseth, he "grew up on welfare in Ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discovery Land Company
Discovery Land Company is a Scottsdale, Arizona-based developer and operator of private residential communities and clubs in North America. The company has been called one of the best developers of resort communities by ''Robb Report Vacation Homes'' and ''Luxury Living'' magazines. In 2010, Discovery Land Company recorded over $600 million in sales. In 2015, the company recorded over $1 billion in sales. History Discovery Land Company was founded in 1994 by Michael S. Meldman with the opening of The Estancia Club in Scottsdale, Arizona, and then the Iron Horse project in Whitefish, Montana. The company has 19 properties in Hawaii, California, Arizona, Nevada, Idaho, Montana, Texas, Tennessee, New York, and North Carolina in the U.S., Los Cabos, Mexico, Great Guana Cay in the Bahamas and Portugal. Discovery Land acquired land in 2021 to build Costa Terra south of Lisbon in Portugal. Opening in 2022, Driftwood Club is a project with a Tom Fazio designed golf course near Austi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yellowstone Club
The Yellowstone Club is a private residential club, ski resort, and golf resort located in Madison County, just west of Big Sky, Montana. It is rated among the top 10 lifestyle estates in the world. History Real estate developer Tim Blixseth purchased approximately 100,000 acres (400 sq km) of timberland, partly in purchases from Plum Creek Timber and engaged in swaps of land with the U.S. Forest Service and the Federal Government ("Gallatin Land Exchanges"). This land swap process was enabled by two specialized acts of Congress in the 1990s. Blixseth ultimately ended up with a large amount of developable land adjacent to the Big Sky Resort in Montana. The Yellowstone Club private ski and golf community was developed by Blixseth and used as collateral for a $375 million syndicated loan where the proceeds were used for other purposes, including an effort to build an exclusive luxury vacation club based on acquiring resort properties around the world. This venture failed, Mr. Bli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
