Charlesbank Capital Partners is a private equity investment firm focusing on leveraged buyout transactions involving middle-market companies. The firm typically invests $50 million to $150 million of equity per transaction in companies with enterprise values of $100 million to $750 million. Charlesbank's strategy emphasizes investing across a broad range of industries, transaction types and levels of the capital structure.
The founders of Charlesbank came together in 1991 as Harvard Private Capital Group to manage the private equity investment portfolio for Harvard Management Company. In 1998, the founders launched Charlesbank Capital Partners, an independent firm also based in Boston, MA.
In 2000, the firm raised $600 million for Charlesbank Equity Fund V, its first fund to include outside institutional investors. Subsequent funds include Charlesbank Equity Fund VI ($1 billion raised in 2005), Charlesbank Equity Fund VII ($1.5 billion raised in 2009) and Charlesbank Equity Fund VIII ($1.75 billion raised in 2014). The firm's founders include CEO Michael R. Eisenson, Kim Davis, Tim Palmer, Mark Rosen and Michael Thonis. Charlesbank is currently led by the founding team and fellow managing directors Jon Biotti, Sam Bartlett, Ryan Carroll, Michael Choe (President), Andrew Janower, Joshua Klevens and Brandon White. The firm employs more than 40 people between its Boston and New York offices and has over $3.0 billion of capital under management.