Castle Harlan Inc Investment and Asset Management

Castle Harlan Inc is a private investment and asset management firm that focuses on acquiring and operating mid-sized companies in various industries.

Castle Harlan Inc was founded in 1987 by Theodore L. Lerner and others.

The firm's investment strategy involves partnering with experienced management teams to drive growth and profitability in its portfolio companies.

Castle Harlan Inc has invested in companies across diverse sectors, including manufacturing, distribution, and services.

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Castle Harlan was founded in 1987 by John K. Castle and Leonard M. Harlan, with a vision to build public funds, corporate pension funds, and endowments for high net-worth individuals and institutions.

The company has been instrumental in the advancement of eight private equity funds, valued at approximately $6 billion in capital commitments.

Castle Harlan's philosophy is centered around creating investment strategies for profitable growth and solid, long-term returns, as demonstrated by the company's sales of United Malt and RathGibson, which brought in returns in excess of three times their initial investment.

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Today, the company employs over 42,000 employees, including a team of 13 senior executives, who work closely with management to achieve moderate but steady growth.

Castle Harlan seeks out established companies in a strong market position that can achieve moderate but steady growth, and they partner with management to align the interests of investors and management.

Here are some key highlights of Castle Harlan's investment strategy:

Castle Harlan's experience and expertise have been recognized through various awards and accolades, including being named one of the most successful private equity firms in America.

Castle Harlan's investment portfolio is comprised of $600 million in assets under management (AUM) as of August 20, 2024. This amount is broken down into various categories, including pooled investment vehicles, which account for the majority of the portfolio.

The firm has a diverse range of clients, with 22 accounts managed on a discretionary basis, totaling $600 million in AUM. This includes investments from various sources, such as pension and profit sharing plans, charitable organizations, and state or municipal government entities.

Here's a breakdown of Castle Harlan's AUM by client type:

Castle Harlan's investment portfolio is managed by a team of 21 employees, with 67% of them being investors and 0% being brokers.

Castle Harlan's investment portfolio is a diverse group of companies across various industries. They have a significant presence in the manufacturing and services sectors.

Tensar Corporation was acquired by Castle Harlan in 2014, but the purchase price is not specified. Bravo Brio Restaurant Group was acquired in 2006 for an undisclosed amount. Polypipe, on the other hand, was acquired in 2005 for $527 million.

Horizon Lines was acquired in 2004 for a hefty $650 million. Ames True Temper was also acquired in 2004 for $380 million. Austar United Communications was acquired in 2003 for just $34.5 million.

McCormick & Schmick's was acquired by Castle Harlan in 1994 and again in 2001. The company was sold twice, first in 1997 and again in 2004.

Here's a list of some of the notable companies in Castle Harlan's portfolio:

RathGibson was sold in 2007 for $440 million, just a year after its acquisition. AmeriCast Technologies was sold in 2008 for $288 million.

When managing an investment portfolio, it's essential to understand the assets, funds, and holdings involved. You can find a list of funds associated with Castle Harlan Inc, including Boston Firms, Boston Hedge Funds, and Cornell Alumni Firms.

The AUM (Assets Under Management) of Castle Harlan Inc is $600.0 MM as of 2024-08-20. This is a significant amount, and it's essential to understand how it's distributed among different client types. According to the AUM Breakdown, 22 accounts are managed with a total AUM of $600.0 MM, and 35.6 MM is invested by non-United States Persons, while 564.5 MM is invested by United States Persons.

You can also view the AUM Breakdown by client type, which shows that 0 accounts are managed for individuals (other than high net worth individuals), and 0 accounts are managed for individuals (high net worth individuals). On the other hand, 22 accounts are managed for pooled investment vehicles.

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Here's a breakdown of the AUM by client type:

You can also view the list of limited partners associated with Castle Harlan Inc, which includes New Hampshire Retirement System, North Carolina Retirement Services, and Oregon Public Employees Retirement Fund.

In addition, you can compare Castle Harlan Inc with other firms, such as Patria Private Equity Europe Limited, which has an AUM of $0.6 BB.

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