Wellspring Capital Management
|Founder||Martin Davis, Greg Feldman|
New York, New York, United States
|Total assets||$2.2 billion|
Number of employees
The firm, which is based in New York City, was founded in 1995 by Martin Davis and Greg Feldman. Davis (1927-1999) was best known for his role in restructuring Gulf and Western Industries into Paramount Communications. The firm has raised approximately $2.2 billion since inception across four funds. Wellspring completed fundraising on its fourth fund in 2005 with $1.0 billion of investor commitments as a successor to its $665 million 2003 Fund III. The current CEO of Wellspring is William F. Dawson, Jr.
The firm is not related to a Florida firm, Wellspring Capital, that was implicated in a ponzi scheme in 2004.
- Martin Davis, 72; Created Modern Paramount. New York Times, October 6, 1999
- US Wellspring closes Fund IV on $1bn. AltAssets, November 30, 2005
- US Wellspring Capital Management closes $665m fund. AltAssets, April 30, 2003
- Equity Firms Acquiring Food Supplier. Bloomberg, January 19, 2008
- Blackstone, Wellspring to acquire Performance Food Group in $1.3bn deal. AltAssets, January 18, 2008
- Business Wire: Dec 9, 2005-Dave & Buster's, Inc. Agrees to Be Acquired by Wellspring Capital for $18.05 Cash Per Share
- More Problems for Wellspring Capital. New York Times, February 29, 2004
- Wellspring Capital Management (company website)
|This article about a private equity or venture capital firm based in the United States is a stub. You can help Wikipedia by expanding it.|