Lindsay Goldberg
Encyclopedia
Lindsay Goldberg is a private equity
firm focused on leveraged buyout
and growth capital
investments in middle-market companies in such sectors as consumer products, commodity based manufacturing, energy services, business services, financial services, energy transmission and waste disposal.
The firm, which is based in New York City
, was founded in 2001 by Alan Goldberg, who had previously served as chairman and CEO of Morgan Stanley Private Equity
(later Metalmark Capital
) and Robert Lindsay, who played a central role in the Bessemer Holdings private equity business, serving most recently as Managing General Partner since 1991. Goldberg and Lindsay had worked together in the 1980s at Morgan Stanley and were founding members of the private equity business in 1984.
The firm has raised approximately $10 billion since inception across three funds. The firm raised $2 billion for its first fund in 2002. In 2006, the firm completed fundraising for its second fund with $3.1 billion of investor commitments. In 2008, Lindsay Goldberg commenced raising its third fund with a target of $4.0 billion. At December 31, 2008, the firm had raised $4.6 billion for its third fund.
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm focused on leveraged buyout
Leveraged buyout
A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...
and growth capital
Growth capital
Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...
investments in middle-market companies in such sectors as consumer products, commodity based manufacturing, energy services, business services, financial services, energy transmission and waste disposal.
The firm, which is based in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, was founded in 2001 by Alan Goldberg, who had previously served as chairman and CEO of Morgan Stanley Private Equity
Morgan Stanley
Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....
(later Metalmark Capital
Metalmark Capital
Metalmark Capital, formerly Morgan Stanley Capital Partners is a private equity firm focused on leveraged buyout investments in middle-market companies across a range of industries. Metalmark was acquired by Citigroup Alternative Investments in December 2007....
) and Robert Lindsay, who played a central role in the Bessemer Holdings private equity business, serving most recently as Managing General Partner since 1991. Goldberg and Lindsay had worked together in the 1980s at Morgan Stanley and were founding members of the private equity business in 1984.
The firm has raised approximately $10 billion since inception across three funds. The firm raised $2 billion for its first fund in 2002. In 2006, the firm completed fundraising for its second fund with $3.1 billion of investor commitments. In 2008, Lindsay Goldberg commenced raising its third fund with a target of $4.0 billion. At December 31, 2008, the firm had raised $4.6 billion for its third fund.
External links
- Lindsay Goldberg (company website)