| Type | Private |
|---|---|
| Industry | Private equity |
| Founded | 1975 |
| Founder(s) | Richard C. Blum |
| Headquarters | San Francisco, California, United States |
| Products | Leveraged buyout, PIPE, Growth capital |
| Total assets | $4.5 billion[1] |
| Employees | 30+ |
| Website | www.blumcapital.com |
Blum Capital is a private equity firm focused on leveraged buyout, growth capital and PIPE investments in small cap and middle-market companies across a range of industries. The firm is known for pioneering a hybrid private equity / strategic block investment strategy in public companies.
The firm, which is based in San Francisco, was founded in 1975 by Richard C. Blum. The firm has raised approximately $4.5 billion since inception across four institutional private equity funds raised since 1998.
Prior to founding Blum Capital, Richard C. Blum worked at Sutro & Co. an investment management and brokerage firm founded in 1858. While at Sutro, Blum led a partnership that acquired the struggling Ringling Bros. and Barnum & Bailey Circus in 1967 for $8 million and sold it to Mattel Inc. for $40 million just four years later.
Among Blum Capital's most notable investments have been Fair Isaac[2], Lenovo[3], DHL Airways[4] and CB Richard Ellis.[5][6][7]
In 1994, Blum Capital entered into a joint venture, Newbridge Capital, with Texas Pacific Group and Acon Investments to invest in Asia and Latin America.
|
|||||||||||||||||