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Lightyear Capital is a private equity firm focused on leveraged buyout and growth capital investments in financial services companies. The firm, which is based in New York City, was founded in 2002 with the backing of UBS AG by Donald Marron. Marron is best known for building up PaineWebber over a 23-year career and completing its sale to UBS AG in late 2000 for $10.8 Billion. Marron was also a founder of Data Resources Inc.〔(Donald Marron ). Charlie Rose Interviews〕 The firm has raised approximately $3 billion since inception across its two funds. In May 2002, Lightyear closed on its first fund, The Lightyear Fund, with $750 million of investor commitments, approximately $500 million of which came from UBS AG. In 2006, the firm completed fundraising for its second private equity fund, with $850 million of commitments from over 40 investors.〔〔(Forty Institutions Back Lightyear's New $850M Fund ). Thomson Buyouts, March 19, 2007〕 Among the firm's most notable investments are Collegiate Funding Services (acquired by JPMorgan Chase),〔(Lightyear sells shares in Collegiate Funding Services to JPMorgan Chase Bank ). AltAssets, December 20, 2005〕 ARGUS Software,〔(Insight and Lightyear Merge Circle Software into Realm Business Solutions ). November 29, 2006〕 Higher One, NAU Country Insurance Company (the nation's third largest crop insurer), Antares Holdings, New Flyer Industries, and Goldleaf Financial Solutions (). In 2013, Atlanta, divested its RidgeWorth Investments to Lightyear Capital LLC for up to $265 million. ==References== 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「Lightyear Capital」の詳細全文を読む スポンサード リンク
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