Charterhouse Group

Charterhouse Group

Type	Private
Industry	Private Equity
Founded	1973
Headquarters	New York, New York, United States
Products	Leveraged buyouts
Total assets	$2.0 billion
Website	www.charterhouseequity.com

Charterhouse Group is private equity firm focused on leveraged buyout investments in the US.

The firm, which is based in New York City, was founded in 1973 and is one of the oldest buyout firms in the US. Since inception, the firm has raised more than $2 billion of capital from institutional investors across six private equity funds and has invested in over 100 companies.

History

Charterhouse Group was founded in 1973 as the US-based investment arm of Charterhouse Bank, based in London. In the 1980s. Charterhouse completed a spinoff from its parent bank and became an independent investment firm. In 1989, the firm raised its first private equity fund, Charterhouse Equity Partners, with outside investors. Between 1989 and 2005 the Charterhouse Group invested more than $2 billion in at more than 100 companies and completed some 400 acquisitions.^[1]

In 2012 Bloomberg reported that CharterHouse Group had called off fundraising for new fund pools to focus on "deal by deal" investments. The firm's last fund closed in 2005.^[2]

In June 2014 CharterHouse Group sold its interest in TierPoint, a data center service provider. ^[3][4]

Among Charterhouse's most notable investments, since its founding in the 1970s, are Dreyer's Grand Ice Cream Holdings, Cencom Cable Television, Charter Communications, Cornell Companies, Del Monte Corporation, Fleer Corporation, Insignia Financial Group, Lason, Amerifit Brands, Suddenlink Communications and MXenergy.

External links

• Charterhouse Equity Advisors (U.S. private equity arm)
• CharterHouse Bank (U.K. parent company)

References

Private equity and venture capital investment firms
Investment strategy	Venture Growth Mezzanine Secondaries Leveraged buyout
History	History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s
Investors	Angel investor Corporate venture capital Commercial bank Crowdfunding Institutional investor Insurance company Investment bank Endowment Family office Fund of funds High-net-worth individual Merchant bank Pension fund Sovereign wealth fund
Private equity firms Venture capital firms Portfolio companies