Court Square Capital Partners is a

private equity firm 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 company, startup or of an existin ...

focused on

leveraged buyout A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of t ...

transactions. Court Square was originally a captive private equity firm within

Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...

known as Citigroup Venture Capital Equity Partners. Court Square's investment professionals have invested over $4.5 billion in more than 150 transactions, which have returned $14 billion to date. Court Square is headquartered in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

and was spun out of

in 2006. The firm is named after the location of Citigroup's offices at

One Court Square One Court Square, also known as the Citicorp Building or the Citigroup Building, is a 50-story, office tower in Long Island City, Queens, across the East River from Manhattan in New York City, United States. It was completed in 1989 and desig ...

Queens Queens is the largest by area of the Boroughs of New York City, five boroughs of New York City, coextensive with Queens County, in the U.S. state of New York (state), New York. Located near the western end of Long Island, it is bordered by the ...

History

March 2015 Court Square Capital acquired Research Now. Court Square currently manages approximately $8.2 billion of investor commitments. The firm's predecessor Citicorp Venture Capital Equity Partners traces its roots to 1968 with the founding of Citicorp Venture Capital. In the 1980s, CVC Equity Partners began to focus primarily on leveraged buyout transactions. The spin out of Court Square came at the same time as the spin outs of private equity groups from other leading investment banks including:

JPMorgan Chase JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational financial services, finance corporation headquartered in New York City and incorporated in Delaware. It is List of largest banks in the United States, the largest ba ...

(

CCMP Capital CCMP Capital Advisors, LP is an American private equity investment firm that focuses on leveraged buyout and growth capital transactions. Formerly known as JP Morgan Partners, the investment professionals of JP Morgan Partners separated from JPM ...

Morgan Stanley Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients in ...

(

Metalmark Capital Metalmark Capital, formerly Morgan Stanley, Morgan Stanley Capital Partners is a private equity firm focused on leveraged buyout investments in middle-market companies across a range of industries. Metalmark was acquired by Citigroup, Citigroup ...

), Deutsche Bank (

MidOcean Partners MidOcean Partners is a New York City , New York based alternative asset management firm that specializes in mid-sized private equity and alternative leveraged investments. The firm, founded in February 2003, is based in Midtown Manhattan. MidOc ...

) and

Credit Suisse First Boston Credit Suisse First Boston (also known as CSFB and CS First Boston) was the investment banking affiliate of Credit Suisse headquartered in New York. The company was created by the merger of First Boston Corporation and Credit Suisse Group in 1 ...

(

Avista Capital Partners Avista Capital Partners, LLP is an American private equity firm headquartered in New York City focused on growth capital and leveraged buyout investments in middle-market companies in the domestic healthcare sector. History The firm was founded ...

Diamond Castle Holdings Diamond Castle Holdings is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies across a range of industries including the media, healthcare, financial services, power and industrial sectors. ...

). In 2008, Citigroup sold off the bulk of its $400 million of interests in legacy Court Square investment funds to secondary investors

AlpInvest Partners AlpInvest Partners is a global private equity asset manager with over $85 billion of assets under management as of December 31, 2024. The firm invests on behalf of more than 500 institutional investors from North America, Asia, Europe, South Amer ...

and

Goldman Sachs The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many internationa ...

.Kreutzer, Laura.
Citigroup shutting down VC arm after Metalmark buy
" DowJones Private Equity News, May 29, 2008

References

* Moore, Heidi.
Court Square fundraising tops rivals
DowJones Financial News, July 13, 2007 * Moore, Heidi.
Banks look to outsourced management
DowJones Financial News, September 25, 2006 *

,

Reuters Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...

, December 16, 2006 *
CITIGROUP UNIT AGREES TO BUY REST OF DELCO REMY
" ''

The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

'', February 8, 2001 * Carr, David.
Citigroup Unit Buys Real Estate Publications
" ''The New York Times'', January 10, 2005

External links

Court Square Capital Partners
(company website) {{Merchant banking private equity groups Financial services companies established in 1968 Private equity firms of the United States Citigroup