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Cortec Group is a private equity firm focused on leveraged buyout transactions. The firm targets specialty middle-market manufacturing, distribution and service companies, particularly family-controlled companies and corporate spin-outs. The firm is based in New York City and was founded in 1984. Since inception, the firm has raised over $2.6 billion of capital across six investment funds and has completed more than seventy transactions. ==History== Cortec Group was founded in 1984 by senior managers of Condec Corporation, a publicly traded industrial conglomerate. Originally the Consolidated Diesel Electric Company, Condec Corporation had been founded in 1942 by Norman I. Schafler and built it into a leading manufacturer of robotics, defense, aerospace, and industrial equipment. Condec operated a diversified portfolio of manufacturing companies.〔(Norman Ira Schafler ). New York Times, August 2, 1986〕 Among the firm's founders were Scott Schafler (Norman's son), Gerald Rosenberg and Neal Kayes. Other than Scott Schafler, who remains a Managing Partner of the firm along with David Schnadig, Jeff Lipsitz and Mike Najjar, the other founders have been retired for a number of years. After investing private capital since inception, Cortec raised its first institutional fund in 1990. In 2015, Cortec raised its sixth institutional fund, hitting its hard cap of $1.1 billion after only two months on the fund raising trail. Since inception the firm has increased its funds under management approximately every five years. Beginning with Cortec III, a $331 million fund raised in 2000, the firm has been led by Messrs. Schafler, Schnadig and Lipsitz. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Cortec Group」の詳細全文を読む スポンサード リンク
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