Chrysler Building by David Shankbone Retouched

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

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

investment firm 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 ...

and

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

investments in the

media Media may refer to: Communication * Means of communication, tools and channels used to deliver information or data ** Advertising media, various media, content, buying and placement for advertising ** Interactive media, media that is inter ...

sector. The firm, which was founded in 1992 by notable private equity investor Leo Hindery, is based on the 48th floor of the

Chrysler Building The Chrysler Building is a , Art Deco skyscraper in the East Midtown neighborhood of Manhattan, New York City, United States. Located at the intersection of 42nd Street and Lexington Avenue, it is the tallest brick building in the world wit ...

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

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 ...

.Toon for sale?
'' Peterlee Mail''. 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 1996, the firm's most notable investments were through its InterMedia Outdoor Holdings media company subsidiary which included Thomas Nelson, Hemisphere Media Group,

NBCUniversal NBCUniversal Media, LLC (abbreviated as NBCU and Trade name, doing business as NBCUniversal or Comcast NBCUniversal since 2013) is an American Multinational corporation, multinational mass media and Show business, entertainment conglomerate (comp ...

, 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, Soul Train Holdings, Vibe Lifestyle Network, Up, Cinelatino, Pececitas, Comedias TV, Azteca Latino, Sudamerica Television, Pasiones, Television Dominicana, Telemicro Internacional, Pantallazo, MegaMix TV, TVN Internacional, Ecuadorvision, CentroAmerica TV, WAPA América, and Puerto Rican station

WAPA-TV WAPA-TV (channel 4) is a Spanish-language independent television station in San Juan, Puerto Rico. It is the flagship and namesake station of Guaynabo-based WAPA Media Group. WAPA-TV maintains studio facilities on Luis Vigoreaux Avenue ...

. The firm sold the division to

Kroenke Sports & Entertainment Kroenke Sports & Entertainment (KSE) is an American sports and entertainment holding company based in Denver, Colorado. Originally known as Kroenke Sports Enterprises, it was started in 1999 by businessman Stan Kroenke to be the parent company ...

which renamed the company

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

Tom Daschle

In 2005,

Tom Daschle Thomas Andrew Daschle ( ; born December 9, 1947) is an American politician and lobbyist who represented South Dakota in the United States Senate from 1987 to 2005. A member of the Democratic Party, he led the Senate Democratic Caucus during the ...

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 which can be operated mechanically by hand or by a button electronically. A luxu ...

and

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

that he did not report in his income taxes.

Jake Tapper Jacob Paul Tapper (born March 12, 1969) is an American journalist. He is the lead Washington anchor for CNN, hosts the weekday television news show ''The Lead with Jake Tapper'', and co-hosts the Sunday morning public affairs program ''State of ...

,
Bumps in the Road: Obama's HHS Secretary Nominee Faces Tax Questions Over Car and Driver
,"

ABC News ABC News most commonly refers to: * ABC News (Australia), a national news service of the Australian Broadcasting Corporation * ABC News (United States), a news-gathering and broadcasting division of the American Broadcasting Company ABC News may a ...

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

Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...

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

References

Sources

Forbes Faces: Leo Hindery
Forbes, October 12, 2000

External links

Official website
Financial services companies established in 2005 Mass media companies established in 2005 2005 establishments in New York City Private equity firms of the United States Companies based in New York City {{US-private-equity-company-stub