Reverence Capital Partners
590 Madison AvenueNew York, NY 10022
Website: reverencecapital.com
Firm Size
- Assets Under Management (AUM):$12.4 Billion
- Number of Funds:36
- Employees:47
- Firm Type:Private Equity
- Focus Areas:
Services
Description
Reverence Capital Partners is a private equity firm based in New York, NY. The firm specializes in making investments in the financial services industry, particularly in areas such as asset management, insurance, banking, and specialty finance. It was founded in 2013 by former executives of Goldman Sachs and focuses on investing in businesses that can benefit from their team's expertise and network. Reverence Capital Partners aims to create value through its investments by partnering with management teams to drive growth and operational improvements. They typically target middle-market companies with enterprise values ranging from $200 million to $2 billion. The firm has a long-term and patient approach to investing, often holding onto its portfolio companies for several years to maximize returns. The firm's team has deep industry knowledge and experience, enabling them to identify attractive investment opportunities and provide strategic guidance to their portfolio companies. They leverage their network and relationships to support the growth and success of the businesses they invest in. Reverence Capital Partners has made several notable investments in the financial services sector, including stakes in Victory Capital, Russell Investments, and Affiliated Managers Group. They have also successfully completed multiple portfolio company exits, generating significant returns for their investors. Overall, Reverence Capital Partners is a respected private equity firm in New York with a focus on investing in financial services companies. They leverage their industry expertise and network to drive value and growth in their portfolio companies, aiming to deliver attractive returns to their investors.Latest News
Powered by
Mar 12, 2024: NEW YORK COMMUNITY BANCORP, INC. CLOSES OVER $1 BILLION EQUITY INVESTMENT STRENGTHENING BALANCE SHEET AND LIQUIDITY POSITION
New York Community Bancorp, Inc. (NYSE: NYCB) ("NYCB" or the "Company") announced today it completed the previously announced transactions resulting in individual investments aggregating to approximately $1.05 billion in the Company by Liberty Strategic Capital (" Liberty "), funds managed by Hudson Bay Capital Management (" Hudson Bay "), funds managed by Reverence Capital Partners ("Reverence Capital"), and other investors (collectively, the "Investors").
Mar 07, 2024: NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES OVER $1 BILLION EQUITY INVESTMENT ANCHORED BY FORMER U.S. TREASURY SECRETARY STEVEN T. MNUCHIN'S LIBERTY STRATEGIC CAPITAL, HUDSON BAY CAPITAL AND REVERENCE
New York Community Bancorp, Inc. (NYSE: NYCB) ("NYCB" or the "Company") today announced that Liberty Strategic Capital ("Liberty"), funds managed by Hudson Bay Capital Management (" Hudson Bay "), Reverence Capital Partners ("Reverence Capital"), Citadel Global Equities ("Citadel"), other institutional investors and certain members of the Company's management (collectively, the "Investors") will make individual investments aggregating to over $1 billion in the Company. Liberty will invest $450 million , Hudson Bay will invest $250 million , and Reverence will invest $200 million as part of the transaction.