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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 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Bank
Deutsche Bank AG (, ) is a Germany, German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. Deutsche Bank was founded in 1870 in Berlin. From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as ''Deutsche Bank und Disconto-Gesellschaft'' or DeDi-Bank. Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan, Grenfell & Company, Morgan Grenfell in 1990, 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. It is a component of the DAX stock market index and is often referred to as the List of banks in Germany, largest German banking institution, with Deutsche Bank holding the majority stake in DWS Group for combined assets of 2.2 trillion euros, rivaling even Spa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1992
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ... [...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 legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and 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 duties according to the publicly declared incorporation p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity Firms
A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a startup or of an existing operating company with the end goal to make a profit on its investments. The target companies are generally privately owned entities (not publicly listed), but on rare occasions a private equity firm may purchase the majority of a publicly listed company and delist the firm after the purchase. To complete its investments, a private equity firm will raise funds from large institutional investors, family offices and others pools of capital (e.g. other private-equity funds) which supply the equity. The money raised, often pooled into a fund, will be invested in accordance with one or more specific investment strategies including leveraged buyout, venture capital, and growth capital. Although the industry has developed and matured substantially sin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lake Viridian
A lake is often a naturally occurring, relatively large and fixed body of water on or near the Earth's surface. It is localized in a basin or interconnected basins surrounded by dry land. Lakes lie completely on land and are separate from the ocean, although they may be connected with the ocean by rivers. Lakes, as with other bodies of water, are part of the water cycle, the processes by which water moves around the Earth. Most lakes are fresh water and account for almost all the world's surface freshwater, but some are salt lakes with salinities even higher than that of seawater. Lakes vary significantly in surface area and volume of water. Lakes are typically larger and deeper than ponds, which are also water-filled basins on land, although there are no official definitions or scientific criteria distinguishing the two. Lakes are also distinct from lagoons, which are generally shallow tidal pools dammed by sandbars or other material at coastal regions of oceans or large la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golf Course Community
A golf course community is a type of residential Subdivision (land), 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bozeman, MT
Bozeman ( ) is a city in and the county seat of Gallatin County, Montana, United States. The 2020 United States census put Bozeman's population at 53,293, making it Montana's fourth-largest city. It is the principal city of the Bozeman, Montana, Metropolitan Statistical Area, consisting of all of Gallatin County, with a population of 118,960. It is the second-largest of Montana's statistical areas. History Early history For many years, indigenous people of the United States, including the Shoshone, Nez Perce, Blackfeet, Flathead, Crow Nation and Sioux traveled through the area, called the "Valley of the Flowers". The Gallatin Valley in particular, in which Bozeman is located, was primarily within the territory of the Crow people. 19th century William Clark visited the area in July 1806 as he traveled east from Three Forks along the Gallatin River. The party camped east of what is now Bozeman, at the mouth of Kelly Canyon. The journal entries from Clark's party briefly d ... [...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 poor" 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. In 2008, the bankruptcy of the Yellowstone Club 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discovery Land Company
The Discovery Land Company is an American multi-national real estate development company and hospitality operator based in Scottsdale, Arizona. Founded in 1994 by Michael Meldman, the company operates private residential communities and clubs in North America, the Caribbean, Europe and the Middle East. In 2022, the company made public that they will follow an international expansion strategy. Discovery had an annual turnover of $2 billion in sales in 2020. History Discovery Land Company was founded in 1994 by Michael S. Meldman. Previously, Meldman worked as a commercial broker in the San Francisco Bay Area in the early 1980s. His first independent real estate project was Blue Oaks in Portola Valley, California, which he developed with financing from three friends in the mid-1980s. In 1996, he opened The Estancia Club with more than 200 homes in Scottsdale, Arizona, a suburb of Phoenix. Its golf course was named the best new private course by Golf Digest. In 1998, Discovery ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
