Chinh Chu

Last updated
Chinh Chu
Born
Vietnam
CitizenshipAmerican
Education University at Buffalo (BS, 1988)
OccupationBusiness executive
Known forCC Capital
Spouse Hà Phương

Chinh Chu is an American business executive. [1] He is the founder and senior managing director of CC Capital, a firm based in New York City. [2] Before establishing CC Capital, Chu spent 25 years at the Blackstone Group, where he was the firm's longest-serving dealmaker. [3]

Contents

Early life and education

Chu was born in Vietnam and fled the country with his family in 1975 at the age of eight, settling in the United States as a refugee. He graduated summa cum laude from the University at Buffalo School of Management in 1988. [1]

Career

Chu began his career on Wall Street in the mergers and acquisitions department at Salomon Brothers. Two years later, in 1990, he joined the then five-year-old Blackstone Group. [3] Over his 25-year career at the firm, he served as a Senior Managing Director and co-chair of Private Equity. [1] He was involved in some of the firm's largest transactions, including the acquisitions of the water-treatment company Nalco Holding Company for over $4 billion and the German-based chemical company Celanese for $3.8 billion. [3] He also oversaw the firm's investments in the healthcare and financial institutions sectors. [1]

Chu departed Blackstone in 2015 to launch his own investment firm, CC Capital. [2] He remained a senior advisor to Blackstone following his departure. [3] Since then, Chu has created at least five special-purpose acquisition companies (SPAC) that struck deals to take a number of companies public, including Getty Images and snack maker Utz Brands. [4]

In 2024, CC Capital agreed to a $250 million investment to create an insurance and asset management firm by combining Arena Investors and a new life insurance business under Westaim Corp. [4]

In January 2025, CC Capital Partners made a A$2.9 billion (US$1.8 billion) takeover offer for Australian wealth manager Insignia Financial Ltd. [5]

References

  1. 1 2 3 4 "Alumni Success". School of Management. 2023-02-01. Retrieved 2025-12-17.
  2. 1 2 "Finance Leader Chinh Chu Recounts Refugee to Riches Story". Weatherhead East Asian Institute. 2023-03-09. Retrieved 2025-12-17.
  3. 1 2 3 4 Banerjee, Devin (2015-11-02). "Blackstone's Longest-Serving Dealmaker Chinh Chu to Depart". Bloomberg.com. Retrieved 2025-12-17.
  4. 1 2 Basak, Sonali (2015-10-09). "Blackstone's Longest-Serving Dealmaker Chinh Chu to Depart". Bloomberg.com. Retrieved 2025-12-17.
  5. Brumpton, Harry (2025-01-05). "Ex-Blackstone Dealmaker Chu Bids $1.8 Billion for Insignia". Bloomberg.com. Retrieved 2025-12-17.