1145:
1140:
1116:
1106:
1086:
1066:
1056:
514:
1096:
1076:
526:
196:
At the time of its acquisition in 2003, Crossroads managed approximately $ 2 billion of capital on behalf of its investors. Over its 22-year history, the firm raised 16 Crossroads Funds, and invested with more than 200 private equity firms.
27:
986:
1216:
1206:
564:
1201:
222:
1182:
1059:
1211:
1236:
557:
633:
1175:
1119:
550:
1031:
260:
1221:
1168:
258:
Press
Release: LEHMAN BROTHERS TO ACQUIRE THE CROSSROADS GROUP, EXPANDING ITS PRIVATE EQUITY FUND INVESTMENT MANAGEMENT BUSINESS
415:
1231:
316:
853:
848:
756:
349:
276:
641:
618:
190:
122:
200:
In 1999, Crossroads acquired a $ 340 million portfolio of direct investments in large to mid-cap companies from
1089:
831:
1099:
1069:
309:
1079:
836:
666:
661:
656:
651:
646:
713:
445:
289:
923:
873:
811:
771:
718:
530:
244:
1226:
1109:
1026:
1021:
1006:
1001:
956:
293:
201:
1016:
981:
878:
708:
499:
342:
933:
841:
471:
1151:
This article about a private equity or venture capital firm based in the United States is a
961:
746:
623:
440:
372:
126:
1156:
1144:
257:
8:
1036:
898:
888:
806:
801:
797:
751:
488:
430:
405:
1011:
971:
908:
903:
741:
157:
in
October 2003. Since Lehman Brothers' 2008 bankruptcy, Crossroads has been a part of
322:
976:
703:
698:
693:
608:
542:
518:
335:
186:
223:"Dallas firm that recruited CNBC correspondent hires fourth SEC lawyer for its team"
816:
685:
596:
420:
182:
158:
88:
996:
918:
766:
728:
603:
577:
493:
435:
382:
264:
174:
170:
154:
150:
93:
78:
51:
37:
1152:
821:
736:
613:
573:
178:
143:
47:
1195:
928:
913:
893:
781:
146:
118:
108:
104:
1139:
1041:
966:
938:
883:
776:
455:
450:
425:
826:
377:
169:
Founded in 1981 as Bigler/Crossroads, the firm focused on investing as a
153:
investments. The firm, founded in 1981 by Brad
Heppner, was acquired by
26:
991:
761:
400:
358:
591:
139:
327:
191:
secondary interests in existing private equity partnerships
572:
1217:
Investment management companies of the United States
1207:
Financial services companies disestablished in 2003
1202:Financial services companies established in 1981
1193:
247:." Dallas Business Journal September 17, 2003
1176:
558:
343:
1060:Private equity and venture capital investors
290:Crossroads uses EDS portfolio to launch fund
189:. Crossroads was also an early investor in
1183:
1169:
1095:
1075:
1032:Taxation of private equity and hedge funds
849:Private investment in public equity (PIPE)
565:
551:
446:London Provincial & South Western Bank
350:
336:
237:
1212:Private equity firms of the United States
323:Neuberger Berman Private Equity Partners
181:strategies including middle market U.S.
1237:United States private equity firm stubs
312:(company website from Internet Archive)
279:(company website from Internet Archive)
245:Lehman Brothers buying Crossroads Group
220:
1194:
317:Lehman Brothers Fund of Funds: History
546:
331:
177:funds and, to a lesser extent, other
1134:
525:
13:
14:
1248:
416:FirstCaribbean International Bank
303:
221:Halkias, Maria (22 August 2018).
1143:
1138:
1115:
1114:
1105:
1104:
1094:
1085:
1084:
1074:
1065:
1064:
1055:
1054:
524:
513:
512:
25:
1222:Private equity secondary market
832:Publicly traded private equity
282:
270:
250:
214:
94:Lehman Brothers Private Equity
1:
1100:List of venture capital firms
207:
1232:1981 establishments in Texas
1155:. You can help Knowledge by
1080:List of private equity firms
837:Business Development Company
357:
7:
16:Defunct private equity firm
10:
1253:
1133:
924:High-net-worth individuals
714:Leveraged recapitalization
164:
1050:
947:
866:
812:Limited liability company
790:
772:Venture capital financing
727:
719:Dividend recapitalization
684:
675:
632:
584:
508:
481:
464:
391:
366:Division and subsidiaries
365:
114:
100:
84:
73:
65:
57:
43:
33:
24:
879:Institutional investors
474:(Group Chief Executive)
294:Dallas Business Journal
277:Crossroads Group: About
202:Electronic Data Systems
1017:Liquidation preference
982:Distribution waterfall
934:Sovereign wealth funds
267:. September 17, 2003"
1090:Venture capital firms
842:Venture capital trust
472:C. S. Venkatakrishnan
441:Lock, Hulme & Co.
392:Historical components
1070:Private equity firms
798:Private equity firms
747:Post-money valuation
624:Equity co-investment
431:Kuhn, Loeb & Co.
296:, September 24, 1999
20:The Crossroads Group
1120:Portfolio companies
1037:Undercapitalization
889:Insurance companies
807:Limited partnership
752:Pre-money valuation
489:One Churchill Place
21:
972:Capital commitment
742:Business incubator
709:Buy–sell agreement
263:2007-10-07 at the
19:
1164:
1163:
1128:
1127:
977:Capital structure
862:
861:
704:Divisional buyout
699:Management buyout
694:Financial sponsor
540:
539:
187:mezzanine capital
149:firm focusing on
132:
131:
38:Private ownership
1244:
1185:
1178:
1171:
1147:
1142:
1135:
1118:
1117:
1108:
1107:
1098:
1097:
1088:
1087:
1078:
1077:
1068:
1067:
1058:
1057:
919:Commercial banks
909:Investment banks
817:Carried interest
682:
681:
585:Investment types
567:
560:
553:
544:
543:
528:
527:
516:
515:
411:Crossroads Group
406:Backhouse's Bank
394:and acquisitions
352:
345:
338:
329:
328:
310:Crossroads Group
297:
286:
280:
274:
268:
254:
248:
241:
235:
234:
232:
230:
225:. Dallasnews.com
218:
185:investments and
183:leveraged buyout
159:Neuberger Berman
136:Crossroads Group
89:Neuberger Berman
29:
22:
18:
1252:
1251:
1247:
1246:
1245:
1243:
1242:
1241:
1227:Lehman Brothers
1192:
1191:
1190:
1189:
1131:
1129:
1124:
1110:Angel investors
1046:
997:High-yield debt
950:financial terms
949:
943:
858:
786:
767:Startup company
723:
677:
671:
628:
580:
578:venture capital
571:
541:
536:
504:
494:Barclays Center
477:
460:
436:Lehman Brothers
393:
387:
383:Barclays Wealth
373:Barclays Canada
361:
356:
306:
301:
300:
288:Cawley, Rusty "
287:
283:
275:
271:
265:Wayback Machine
255:
251:
242:
238:
228:
226:
219:
215:
210:
175:venture capital
171:limited partner
167:
155:Lehman Brothers
151:venture capital
92:
79:Lehman Brothers
52:venture capital
17:
12:
11:
5:
1250:
1240:
1239:
1234:
1229:
1224:
1219:
1214:
1209:
1204:
1188:
1187:
1180:
1173:
1165:
1162:
1161:
1148:
1126:
1125:
1123:
1122:
1112:
1102:
1092:
1082:
1072:
1062:
1051:
1048:
1047:
1045:
1044:
1039:
1034:
1029:
1024:
1019:
1014:
1009:
1004:
999:
994:
989:
984:
979:
974:
969:
964:
959:
953:
951:
945:
944:
942:
941:
936:
931:
929:Family offices
926:
921:
916:
914:Merchant banks
911:
906:
901:
896:
891:
886:
881:
876:
870:
868:
864:
863:
860:
859:
857:
856:
851:
846:
845:
844:
839:
829:
824:
822:Management fee
819:
814:
809:
804:
794:
792:
788:
787:
785:
784:
779:
774:
769:
764:
759:
754:
749:
744:
739:
737:Angel investor
733:
731:
725:
724:
722:
721:
716:
711:
706:
701:
696:
690:
688:
679:
673:
672:
670:
669:
664:
659:
654:
649:
644:
638:
636:
630:
629:
627:
626:
621:
616:
611:
606:
601:
600:
599:
588:
586:
582:
581:
574:Private equity
570:
569:
562:
555:
547:
538:
537:
535:
534:
522:
509:
506:
505:
503:
502:
497:
491:
485:
483:
479:
478:
476:
475:
468:
466:
462:
461:
459:
458:
453:
448:
443:
438:
433:
428:
423:
418:
413:
408:
403:
397:
395:
389:
388:
386:
385:
380:
375:
369:
367:
363:
362:
355:
354:
347:
340:
332:
326:
325:
320:
313:
305:
304:External links
302:
299:
298:
281:
269:
249:
236:
212:
211:
209:
206:
179:private equity
166:
163:
144:private equity
130:
129:
127:Co-investments
116:
112:
111:
102:
98:
97:
86:
82:
81:
75:
71:
70:
67:
63:
62:
59:
55:
54:
48:Private equity
45:
41:
40:
35:
31:
30:
15:
9:
6:
4:
3:
2:
1249:
1238:
1235:
1233:
1230:
1228:
1225:
1223:
1220:
1218:
1215:
1213:
1210:
1208:
1205:
1203:
1200:
1199:
1197:
1186:
1181:
1179:
1174:
1172:
1167:
1166:
1160:
1158:
1154:
1149:
1146:
1141:
1137:
1136:
1132:
1121:
1113:
1111:
1103:
1101:
1093:
1091:
1083:
1081:
1073:
1071:
1063:
1061:
1053:
1052:
1049:
1043:
1040:
1038:
1035:
1033:
1030:
1028:
1025:
1023:
1020:
1018:
1015:
1013:
1010:
1008:
1005:
1003:
1000:
998:
995:
993:
990:
988:
985:
983:
980:
978:
975:
973:
970:
968:
965:
963:
960:
958:
955:
954:
952:
946:
940:
937:
935:
932:
930:
927:
925:
922:
920:
917:
915:
912:
910:
907:
905:
902:
900:
897:
895:
894:Fund of funds
892:
890:
887:
885:
884:Pension funds
882:
880:
877:
875:
872:
871:
869:
865:
855:
852:
850:
847:
843:
840:
838:
835:
834:
833:
830:
828:
825:
823:
820:
818:
815:
813:
810:
808:
805:
803:
799:
796:
795:
793:
789:
783:
782:Venture round
780:
778:
775:
773:
770:
768:
765:
763:
760:
758:
755:
753:
750:
748:
745:
743:
740:
738:
735:
734:
732:
730:
726:
720:
717:
715:
712:
710:
707:
705:
702:
700:
697:
695:
692:
691:
689:
687:
683:
680:
674:
668:
665:
663:
660:
658:
655:
653:
650:
648:
645:
643:
642:Early history
640:
639:
637:
635:
631:
625:
622:
620:
617:
615:
612:
610:
607:
605:
602:
598:
595:
594:
593:
590:
589:
587:
583:
579:
575:
568:
563:
561:
556:
554:
549:
548:
545:
533:
532:
523:
521:
520:
511:
510:
507:
501:
498:
495:
492:
490:
487:
486:
484:
480:
473:
470:
469:
467:
463:
457:
454:
452:
449:
447:
444:
442:
439:
437:
434:
432:
429:
427:
424:
422:
421:Gurney's Bank
419:
417:
414:
412:
409:
407:
404:
402:
399:
398:
396:
390:
384:
381:
379:
376:
374:
371:
370:
368:
364:
360:
353:
348:
346:
341:
339:
334:
333:
330:
324:
321:
318:
314:
311:
308:
307:
295:
291:
285:
278:
273:
266:
262:
259:
253:
246:
240:
224:
217:
213:
205:
203:
198:
194:
192:
188:
184:
180:
176:
172:
162:
160:
156:
152:
148:
147:fund of funds
145:
141:
137:
128:
124:
120:
119:Fund of funds
117:
113:
110:
109:United States
106:
105:Dallas, Texas
103:
99:
95:
90:
87:
83:
80:
76:
72:
68:
64:
60:
56:
53:
49:
46:
42:
39:
36:
32:
28:
23:
1157:expanding it
1150:
1130:
1042:Vintage year
967:Capital call
939:Crowdfunding
874:Corporations
777:Venture debt
529:
517:
456:The Woolwich
451:Martins Bank
426:Juniper Bank
410:
284:
272:
252:
239:
227:. Retrieved
216:
199:
195:
168:
135:
133:
101:Headquarters
77:Acquired by
69:October 2003
34:Company type
904:Foundations
827:Pledge fund
619:Secondaries
378:Barclaycard
123:Secondaries
1196:Categories
992:Envy ratio
899:Endowments
762:Seed money
676:Terms and
496:(Brooklyn)
465:Management
401:Absa Group
208:References
962:Cap table
867:Investors
791:Structure
609:Mezzanine
597:Leveraged
229:1 October
85:Successor
1012:Leverage
948:Related
678:concepts
519:Category
359:Barclays
261:Archived
115:Products
44:Industry
1022:M&A
729:Venture
634:History
604:Venture
531:Commons
500:Enfield
204:(EDS).
165:History
142:-based
91:(2009)
66:Defunct
58:Founded
987:EBITDA
686:Buyout
614:Growth
592:Buyout
140:Dallas
138:was a
96:(2003)
802:funds
667:2020s
662:2010s
657:2000s
652:1990s
647:1980s
482:Other
1153:stub
854:SPAC
800:and
757:SAFE
576:and
292:."
231:2019
134:The
74:Fate
61:1981
1027:PME
1007:IRR
1002:IPO
957:AUM
173:in
1198::
319:."
193:.
161:.
125:,
121:,
107:,
50:,
1184:e
1177:t
1170:v
1159:.
566:e
559:t
552:v
351:e
344:t
337:v
315:"
256:"
243:"
233:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
