Diamond Castle Holdings is a

private equity firm 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 lev ...

focused on

leveraged buyout A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money ( leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loa ...

and

growth capital Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new mark ...

investments in

middle-market companies Authorities provide differing definitions of the middle-market or mid-market companies. While some authorities look to revenue generated by companies to define the middle market, other sources regard either asset size or number of employees as a be ...

across a range of industries including the media, healthcare, financial services, power and industrial sectors. The firm, which is based in

New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...

, was founded in 2004. The firm has raised approximately $1.9 billion since inception.

History

In 2004, DLJMB co-head Larry Schloss, along with four senior members of

DLJ Merchant Banking Partners aPriori Capital Partners is a private equity investment firm focused on leveraged buyout transactions. The firm was founded as an affiliate of Credit Suisse and traces its roots to Donaldson, Lufkin & Jenrette, the investment bank acquired by ...

, led a spinout from Credit Suisse to form a new private equity firm which would come to be known as Diamond Castle Holdings.Former CSFB execs to launch new private equity firm.
AltAssets, September 22, 2004 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).

References

External links

Dchold.com: official Diamond Castle Holdings website
Private equity firms of the United States Investment banking private equity groups Financial services companies based in New York (state) Holding companies of the United States Financial services companies established in 2004 Holding companies established in 2004 2004 establishments in New York City {{private-equity-company-stub

History

See also

References

External links