Charlesbank Capital Partners is an American private equityinvestment firm based in Boston and New York City that specializes in the middle market. The firm has $23B of total assets across three investment strategies: flagship middle market private equity, lower middle market technology private equity and middle market opportunistic credit.[1]
The founders of Charlesbank came together as Harvard Private Capital Group to manage the private equity investment portfolio for the Harvard University endowment.[2][3] In 1998, they left the endowment to launch Charlesbank Capital Partners as an independent firm.[4]
In 2016 Charlesbank established a credit investment strategy, and in 2019, it added a technology opportunities strategy.[5][2] Michael Choe succeeded Michael Eisenson, a founding partner, as CEO in 2017.[6]
Funds
Across its three complementary strategies the firm has over $22 billion in Total Assets and employs over 180 people.[7]
Flagship Private Equity Fund X – closed in January 2021, at its hard cap of $4.1B[8]
Credit Opportunities Fund III – closed in January 2024, above its target at $1.5B[9]
Technology Opportunities Fund II – closed in June 2024, surpassing its initial hard cap at $1.275 B[10]
Portfolio
Since its 1998 inception, Charlesbank has developed middle market experience and specific sector expertise with a focus on: Business & Consumer Services, Healthcare, Industrial, and Technology & Technology Infrastructure.[2] Investments include Aprio[11] and Front Row Group[12] for the Flagship strategy, Learfield for Credit Opportunities,[13] and Implan Group for Technology Opportunities.[14]
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