Diamond Castle Holdings
American private equity firm
From Wikipedia, the free encyclopedia
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.
 | |
| Type | Private |
|---|---|
| Industry | Private equity |
| Predecessor | DLJ Merchant Banking Partners |
| Founded | 2004 |
| Founder | Lawrence Schloss[1] |
| Headquarters | New York, New York, U.S. |
| Key people | Ari Benacerraf, Michael Ranger, Andrew Rush, David Wittels |
| Products | Leveraged buyout |
| Total assets | $1.9 billion |
Number of employees | 25+ |
| Website | www.dchold.com |
The firm, which is based in New York City, was founded in 2004. As of 2011, the firm had raised approximately $1.9 billion since its inception.[2]
History
In 2004, DLJMB co-head Larry Schloss, along with four senior members of DLJ Merchant Banking Partners, led a spinout from Credit Suisse to form a new private equity firm which would come to be known as Diamond Castle Holdings.[3][4]
In December 2006, the firm announced it had completed fundraising for a $1.85 billion private equity fund, known as Diamond Castle Partners IV (a reference to the three DLJMB funds previously raised).[1]
