Type | Private |
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Industry | Private equity |
Founded | 1986 |
Founder(s) | Frank Wright, Steven Kumble |
Headquarters | New York, New York, United States |
Key people | T.J. Maloney (CEO) |
Products | Leveraged buyout |
Total assets | $1.7 billion |
Employees | 20+ |
Website | www.lincolnshiremgmt.com |
Lincolnshire Management is a private equity firm focused on leveraged buyout investments in middle-market companies across a range of industries.
The firm, which is based in New York City, was founded in 1985 by Frank Wright[1] and Steven Kumble[2]
Prior to founding Lincolnshire, Wright had spent the previous 31 years at Manufacturers Hanover Trust Company, where he ran the special finance division, which handled financing for leveraged buyouts in the early 1980s. After Wright's death in 1992, James Tozer was named president and chief executive[3] and was succeeded in 1998 by T.J. Maloney. In 2005, Kumble left the firm to found Corinthian Capital.
Since The firm has raised approximately $1.7 billion and completed more than 55 investments since inception across four private equity funds. Lincolnshire did not raise its first institutional private equity fund until 1994 when it raised $120 million of commitments. In 2008, Lincolnshire completed fundraising for its fourth private equity fund with $835 million of investor commitments, in excess of its original target and nearly twice the size of its $433 million third fund in 2005.[4]
Among the firm's most notable investments include Riddell[5][6], Prince Sports[7], and American Coach Lines.
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