Chrysler Building by David Shankbone Retouched

InterMedia Advisors, LLC (a..k.a. InterMedia Partners), is a

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...

investment firm focused on leveraged buyout 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 the media sector. The firm, which was founded in 2005 by notable private equity investor

Leo Hindery Leo J. Hindery, Jr. (born October 31, 1947) is an American businessman, author, political activist and philanthropist. Hindery is Managing Partner of InterMedia Partners, a New York-based media industry private equity fund, and, since March 2 ...

, is based on the 48th floor of the Chrysler Building in

Midtown Manhattan Midtown Manhattan is the central portion of the New York City borough of Manhattan and serves as the city's primary central business district. Midtown is home to some of the city's most prominent buildings, including the Empire State Buildin ...

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

.Toon for sale?
''

Peterlee Mail Peterlee is a town in County Durham, England. It lies between Sunderland to the north, Hartlepool to the south, the Durham Coast to the east and Durham to the west. It gained town status in 1948 under the New Towns Act 1946. The act also create ...

''. Friday July 4, 2008. Retrieved on October 20, 2011. "Ashley is said to have told private equity investors InterMedia Partners - based in the swanky Chrysler Building - .. Until 2014, firm's most notable investments were through its InterMedia Outdoor Holdings media company subsidiary which included Thomas Nelson,

Hemisphere Media Group Hemisphere refers to: * A half of a sphere As half of the Earth * A hemisphere of Earth ** Northern Hemisphere ** Southern Hemisphere ** Eastern Hemisphere ** Western Hemisphere ** Land and water hemispheres * A half of the (geocentric) celestia ...

, Universal Sports, Control Room, Aspire, BlackBook Media,

@Home Network @Home Network was a high-speed cable Internet service provider from 1996 to 2002. It was founded by Milo Medin, cable companies Tele-Communications Inc. (TCI), Comcast, and Cox Communications, and William Randolph Hearst III, who was their fir ...

Sportsman Channel Sportsman Channel is an American sports-oriented digital cable and satellite television network owned by the Outdoor Sportsman Group subsidiary of Kroenke Sports & Entertainment. The channel is dedicated to programming about outdoor sports, incl ...

, Cinelatino, Soul Train Holdings, Vibe Lifestyle Network, Pasiones, Television Dominicana, CentroAmerica TV, Up, WAPA América, and Puerto Rican station

WAPA-TV WAPA-TV (channel 4) is a Spanish language in the United States, Spanish-language Independent station (North America), independent television station in San Juan, Puerto Rico. It is owned by :es:Hemisphere Media Group, Hemisphere Media Group, w ...

. The firm sold the division to Kroenke Sports & Entertainment which renamed the company

Outdoor Sportsman Group Outdoor Sportsman Group, Inc. (a.k.a. Outdoor Sportsman), a subsidiary of Kroenke Sports & Entertainment (KSE), is an outdoors media group in the United States. They publish 19 hunting, fishing and shooting magazines, and own the Sportsman & Outdo ...

Tom Daschle

In 2005,

Tom Daschle Thomas Andrew Daschle ( ; born December 9, 1947) is an American politician and lobbyist who served as a United States senator from South Dakota from 1987 to 2005. A member of the Democratic Party, he became U.S. Senate Minority Leader in 1995 an ...

joined the firm as a senior adviser. It was during his time at InterMedia that Daschle reportedly had the use of a

limousine A limousine ( or ), or limo () for short, is a large, chauffeur-driven luxury vehicle with a partition between the driver compartment and the passenger compartment. A very long wheelbase luxury sedan (with more than four doors) driven by a prof ...

and

chauffeur A chauffeur is a person employed to drive a passenger motor vehicle, especially a luxury vehicle such as a large sedan or limousine. Originally, such drivers were often personal employees of the vehicle owner, but this has changed to speciali ...

that he did not report in his income taxes. Jake Tapper,
Bumps in the Road: Obama's HHS Secretary Nominee Faces Tax Questions Over Car and Driver
,"

ABC News ABC News is the news division of the American broadcast network ABC. Its flagship program is the daily evening newscast ''ABC World News Tonight, ABC World News Tonight with David Muir''; other programs include Breakfast television, morning ...

, January 30, 2009. (Accessed January 30, 2009)Jonathan Weisman,
Daschle Paid Back Taxes After Vetting
" ''

Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

'', January 31, 2009. (Accessed January 31, 2009)

References

Forbes Faces: Leo Hindery
Forbes, October 12, 2000

External links

Official website
Financial services companies established in 2005 Private equity firms of the United States {{US-private-equity-company-stub