Involvement With Other Private Equity Firms
Wesray and Chambers were early investors in buyout firm Vestar Capital Partners, investing in the first Vestar fund in 1988. John D. Howard, who had been a senior vice president and partner at Wesray would become co-CEO of Vestar and later CEO of Bear Stearns Merchant Banking (Irving Place Capital).
In 1990, the founders of Catterton Partners, Frank Vest, Michael Chu and Scott Dahnke, partnered with former US Secretary of the Treasury William E. Simon to form what was then known as Catterton-Simon Partners.
In addition Wesray Capital took over The William Carter Company of Needham Ma, in June 1988 for the sum of $115 million dollars.
Read more about this topic: Wesray Capital Corporation
Famous quotes containing the words involvement, private, equity and/or firms:
“In the planning and designing of new communities, housing projects, and urban renewal, the planners both public and private, need to give explicit consideration to the kind of world that is being created for the children who will be growing up in these settings. Particular attention should be given to the opportunities which the environment presents or precludes for involvement of children with persons both older and younger than themselves.”
—Urie Bronfenbrenner (b. 1917)
“There is no private house in which people can enjoy themselves so well as at a capital tavern.... No, Sir; there is nothing which has yet been contrived by man by which so much happiness is produced as by a good tavern or inn.”
—Samuel Johnson (1709–1784)
“If equity and human natural reason were allowed there would be no law, there would be no lawyers.”
—Christina Stead (1902–1983)
“While waiting to get married, several forms of employment were acceptable. Teaching kindergarten was for those girls who stayed in school four years. The rest were secretaries, typists, file clerks, or receptionists in insurance firms or banks, preferably those owned or run by the family, but respectable enough if the boss was an upstanding Christian member of the community.”
—Barbara Howar (b. 1934)