This article has multiple issues. Please help improve it or discuss these issues on the talk page . (Learn how and when to remove these template messages)
|
Type | Private Ownership |
---|---|
Industry | Private Equity |
Founder | Lawrence R. Goldfarb |
Headquarters | San Francisco, California, United States |
Products | Private equity funds, Leveraged buyouts |
Website | www.lrgcapital.com |
LRG Capital Group is a global investment, banking and advisory shop that focuses on public and private companies in the technology, life sciences, hospitality, real estate and entertainment sectors. The firm was founded by Lawrence R. Goldfarb, formerly a managing director in the mergers & acquisitions group at CS First Boston.
LRG provides capital via private equity investments, commercial loans and structured debt financing, and advises clients on mergers and acquisitions, corporate finance advice and other strategic alternatives. Headquartered in San Francisco with offices in New York City and Miami, LRG Capital Group does relationship-focused guidance and financing.
The company has five business units:
LRG Capital Group is the investment manager for the LRG BayStar Capital III Investment Fund. Prior BayStar Capital Funds have collectively invested over $1.5 billion of equity in more than 250 companies.
LRG Capital Corporate Advisory Group provides financial advisory and capital-raising agency services and represents clients on equity and debt placements, restructurings, recapitalizations, management buyouts and other strategic alternatives.
LRG Capital Real Estate Ventures invests in and owns various entertainment interests and U.S. and non-U.S. real estate assets, including derivative interests in real estate securities and real estate development projects and properties. LRG Capital Group has also been recognized for its financing expertise in technology, life science and entertainment development ventures and companies throughout the U.S. and abroad.[ citation needed ]
LRG Capital Commercial Ventures provides flexible investment capital and financing options to businesses across all sectors that are positioned for near-term growth. LRG Commercial Ventures functions as a merchant bank for private companies by utilizing a variety of credit protected and equity participation structures.
Doughty Hanson & Co is a British private equity fund manager focused on leveraged buyout and recapitalization transactions primarily of upper middle-market companies in Europe. The firm also invests opportunistically in European real estate and provides early-stage venture capital to technology companies.
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services or research. Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket, Middle Market, and boutique market.
In the field of finance, private equity (PE) is an investment fund, usually a limited partnership, which invests in and restructures private companies. A private-equity fund is both a type of ownership of assets and is a class of assets, which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange.
Venture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology.
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. As of Q1 2023, the company's total assets under management were approximately US$991 billion, making it the largest alternative investment firm globally.
The LRG Capital Funds are managed by LRG Capital Group, LLC. Through its BayStar Capital III Investment Fund, a multi-strategy investment fund, the firm makes direct investments in small-to mid capitalization, public and late-stage private companies, primarily within the technology and life sciences sectors.
Apollo Global Management, Inc. is an American private equity firm. Founded in New York City by Leon Black, Josh Harris, and Marc Rowan in 1990, it provides investment management and invests in credit, private equity, and real assets. As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors. Funds managed by Apollo have produced a 24% internal rate of return (IRR) to investors, net of fees.
Schulte Roth & Zabel, LLP is a full service law firm with offices in New York City, Washington, D.C., and London.
Canaccord Genuity Group Inc. is a global, full-service investment banking and financial services company that specializes in wealth management and brokerage in capital markets. It is the largest independent investment dealer in Canada. The firm focuses on growth companies, with operations in 10 countries worldwide and the ability to list companies on 10 stock exchanges. Canaccord Genuity, the international capital markets division, is based in Canada, with offices in the US, the UK, France, Germany, Ireland, Hong Kong, China, Singapore, Dubai, Australia, and Barbados.
A Business Development Company ("BDC") is a form of unregistered closed-end investment company in the United States that invests in small and mid-sized businesses. This form of company was created by the US Congress in 1980 in the amendments to the Investment Company Act of 1940. Publicly filing firms may elect regulation as BDCs if they meet certain requirements of the Investment Company Act.
The history of private equity and venture capital and the development of these asset classes has occurred through a series of boom-and-bust cycles since the middle of the 20th century. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel, although interrelated tracks.
The early history of private equity relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel although interrelated tracks.
Private equity in the 1990s relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital, experienced growth along parallel although interrelated tracks.
Zabeel Investments is the personal investment vehicle of Sheikh Hamdan bin Mohammed al Maktoum, Crown Prince of Dubai and chairman of the Dubai executive Council.
Ares Management Corporation is a global alternative investment manager operating in the credit, private equity and real estate markets. The company was founded in 1997 with additional offices across North America, Europe, and Asia.
Corporate venture capital (CVC) is the investment of corporate funds directly in external startup companies. CVC is defined by the Business Dictionary as the "practice where a large firm takes an equity stake in a small but innovative or specialist firm, to which it may also provide management and marketing expertise; the objective is to gain a specific competitive advantage." Examples of CVCs include GV and Intel Capital.
Needham & Company is an independent investment bank and asset management firm specializing in advisory services and financings for growth companies. Needham & Company is a wholly owned subsidiary of The Needham Group, which also operates a private equity investment business and an investment management business.
Turquoise Partners is a privately-owned international financial services group based in Iran which was established in 2005. Turquoise provides a wide range of financial services to foreign and domestic clients. The company is considered a pioneer in terms of managing foreign assets on the Tehran Stock Exchange. Turquoise is the largest manager of foreign portfolio investment on Iran's capital markets.
Joël André Ornstein, a French-born financier. He is the Chairman, Managing Partner and co-founder of Monument Capital Group Holdings LLC, a private equity investment firm. He has been based for long periods in New York where he started his career as an investment banker in the early 1980s. He has worked in alternative and private equity investing since 1989 when he established Majorn Corp., as a joint venture partner of The Carlyle Group and Euris-Rallye group.
Abu Dhabi Financial Group (ADFG) is a global investment management group, headquartered in Abu Dhabi.