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Diamond Castle Holdings

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Diamond Castle Holdings
Company typePrivate
IndustryPrivate equity
PredecessorDLJ Merchant Banking Partners
Founded2004; 20 years ago (2004)
FounderLawrence Schloss[1]
HeadquartersNew York, New York, U.S.
Key people
Ari Benacerraf, Michael Ranger, Andrew Rush, David Wittels
ProductsLeveraged buyout
Total assets$1.9 billion
Number of employees
25+
Websitewww.dchold.com

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.

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

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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]

See also

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References

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  1. ^ a b After the Summit, a Different Path. New York Times, December 15, 2006
  2. ^ "Khosla Ventures raises $1.05B fund, half of it for cleantech". Reuters. 2011-10-14. Retrieved 2023-08-25.
  3. ^ Moore, Heidi N. DLJ: Wall Street's Incubator The Wall Street Journal, March 10, 2008
  4. ^ Former CSFB execs to launch new private equity firm. Archived 2009-01-09 at the Wayback Machine AltAssets, September 22, 2004
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