Court Square Capital Partners | |
| Company type | Private |
|---|---|
| Industry | Private Equity |
| Founded | 1968; 58 years ago (1968) |
| Headquarters | New York City, United States |
| Products | Private equity funds |
| AUM | $8.2 billion |
Number of employees | 48 |
| Website | www |
Court Square Capital Partners is aprivate equity firm focused onleveraged buyout transactions. Court Square was originally a captive private equity firm withinCitigroup known as Citigroup Venture Capital Equity Partners. Court Square's investment professionals have invested over $4.5 billion in more than 150 transactions, which have returned $14 billion to date.
Court Square is headquartered inNew York City and was spun out ofCitigroup in 2006. The firm is named after the location of Citigroup's offices atOne Court Square inQueens.
March 2015 Court Square Capital acquired Research Now.[1]
Court Square currently manages approximately $8.2 billion of investor commitments.
The firm's predecessor Citicorp Venture Capital Equity Partners traces its roots to 1968 with the founding of Citicorp Venture Capital. In the 1980s, CVC Equity Partners began to focus primarily on leveraged buyout transactions.
The spin out of Court Square came at the same time as the spin outs of private equity groups from other leading investment banks including:JPMorgan Chase (CCMP Capital),Morgan Stanley (Metalmark Capital), Deutsche Bank (MidOcean Partners) andCredit Suisse First Boston (Avista Capital Partners,Diamond Castle Holdings).
In 2008, Citigroup sold off the bulk of its $400 million of interests in legacy Court Square investment funds tosecondary investorsAlpInvest Partners andGoldman Sachs.[2]