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
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