Irving Place Capital, formerly known as Bear Stearns Merchant Banking (BSMB), is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies across a range of industries.
The firm's predecessor Bear Stearns Merchant Banking was founded in 1997 by John D. Howard, formerly a co-founder of Vestar Capital Partners. The group completed its separation from Bear Stearns' owner JPMorgan Chase in 2008.
Irving Place Capital is based in New York City its predecessor had raised approximately $4.4 billion since inception across three Bear Stearns Merchant Banking funds.
Read more about Irving Place Capital: Investments, See Also
Famous quotes containing the words irving, place and/or capital:
“The great British Library—an immense collection of volumes of all ages and languages, many of which are now forgotten, and most of which are seldom read: one of these sequestered pools of obsolete literature to which modern authors repair, and draw buckets full of classic lore, or “pure English, undefiled” wherewith to swell their own scanty rills of thought.”
—Washington Irving (1783–1859)
“What a cheerful rhyme! Clean not mean!
Been not seen! Not tired—expired!
We must now decide about place.
We decide that place is the big weeping face
And the other abstract lace of the race.”
—Allen Tate (1899–1979)
“A good many have been thrown out on their broad capital bases.”
—John Dos Passos (1896–1970)