Topic summary
DLJ Merchant Banking Partners
Extracted from the Wikipedia article APriori Capital Partners.
History
DLJMB (named for "Donaldson, Lufkin & Jenrette Merchant Banking") was founded in 1985 to invest capital in leveraged buyouts alongside private equity firms that were DLJ clients, off of the bank's balance sheet as well as capital contributed by employees. In 1992, the firm raised its first institutional private equity fund (DLJ Merchant Banking Partners, LP) with $1 billion in investor commitments. In 1997, the firm raised its second fund with $3 billion in investor commitments and three years later in 2000 raised its largest fund to date at $5.3 billion.