Vestar Capital Partners is an American
private equity firm focusing on
leveraged buyout transactions in middle-market companies in the
United States.
["About Us"]
8/27/08
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.
Vestar-Led Group In M&H Buyout
New York Times, August 12, 1988 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 fund
A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity ...
s 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
External links
Vestar Capital Partners
(company website)
{{Private equity firms
Private equity firms of the United States
Financial services companies established in 1988
Companies based in New York City