July 13, 2014 5:28 AM ET

Capital Markets

Company Overview of Lightyear Capital LLC

Company Overview

Lightyear Capital LLC is a private equity firm specializing in middle market, growth capital, recapitalizations, and leveraged buyout investments. The firm focuses on companies in the financial services including asset management, banking, brokerage, financial technology, insurance, specialty finance, leasing, and related business services. The firm typically invests in North America. It invests between $25 million and $100 million in companies with enterprise values under $500 million, but can invest larger amounts. It seeks to make controlling investments. Lightyear Capital LLC was founded in 2000 and is based in New York, New York.

9 West 57th Street

New York, NY 10019

United States

Founded in 2000

Phone:

212-328-0555

Fax:

212-328-0516

Key Executives for Lightyear Capital LLC

Founder
Age: 77
Managing Partner and Member of Investment Committee
Chief Financial Officer
Managing Director and Member of the Investment Committee
Age: 56
Managing Director and Member of Investment Committee
Age: 54
Compensation as of Fiscal Year 2014.

Lightyear Capital LLC Key Developments

Lightyear Capital LLC Promotes Michal Petrzela to Managing Director

Lightyear Capital LLC announced the promotion of Michal Petrzela to Managing Director. Mr. Petrzela joined Lightyear full time in 2005, after working at Lightyear as a Summer Associate in 2004. Mr. Petrzela also joins Lightyear's Investment Committee.

Firms Reportedly Line Up To Bid For Munder

A number of private equity firms and at least one investment management firm are expected to bid for Munder Capital Management in a deal that could be valued up to $400 million, according to a number of sources familiar with the deal. The Blackstone Group L.P. (NYSE:BX) has teamed up with Advent International Corporation to bid for Munder, according to three of the sources, who wished to remain anonymous because they are not permitted to speak to the media. Private equity firms Lightyear Capital LLC, Genstar Capital, LLC and Thoma Bravo, LLC are also expected to submit bids, the sources said. On the investment management side, Pacific Life Insurance Co., Asset Management Arm is expected to bid. Bids are due by mid-September, 2013, the sources said. Calls to Lightyear, Thoma Bravo and Pacific Life were not returned. Advent, Blackstone, Thoma Bravo, Genstar and Crestview declined to comment. Crestview Partners, L.P. Partners is looking to sell Munder.

Lightyear Capital LLC Appoints Richard Korhammer as Senior Advisor

Lightyear Capital LLC appointed Richard Korhammer, co-founder and former Chairman and CEO of Lava Trading Inc., as Senior Advisor. Mr. Korhammer will draw upon his extensive background in financial technology to help identify and evaluate financial technology and capital markets investment opportunities for company.

Similar Private Companies By Industry

Company Name Region
USAA Capital Corporation United States
Salomon Whitney LLC United States
Haywood Securities (USA) Inc. United States
Tower Finance, Ltd. United States
Cliffwater LLC United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 11, 2014
Houston International Insurance Group, Ltd.
Merger/Acquisition
February 13, 2014
Antares Holdings Limited
Merger/Acquisition
January 16, 2014
Cetera Financial Holdings, Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Lightyear Capital LLC, please visit www.lycap.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.