private industry private equity founded 1991 1 headquarters new york new york key people michael psaros david shapiro products leveraged buyout total assets 5.7 billion website 1 kps capital partners is an american investment company that manages kps special situation funds that in turn controls private equity limited funds . as of the end of 2014 over 5.7 billion of assets were managed . 2 the firm is not a hedge fund instead it tries to make money by making controlling investments in companies that experience a period of transition or need to make changes . kps indicates that has been able to acquire non core or divested assets from large corporations and turn them around into profitable entities that could be sold . kps controlled companies employ more than 47 000 people in 26 countries . 2 the company has its headquarter in new york city . it was founded in 1991 by eugene keilin michael psaros and david shapiro hence the name . 3 the financial times noted that while private equity firms have often a bad reputation for stripping assets and slashing jobs when buying distressed companies kps has established a reputation for constructive relationships with the workforce and their unions . 4 in 2009 psaros estimated that he had saved about 20 000 jobs . 4 unions also have appreciated that kps uses little or no debt in its deals and have called in kps to save companies . 4 the following incomplete list includes major companies that are or had been controlled by kps 2 chase brass and copper company franciscan ceramics heritage home group motor coach industries north american breweries waterford wedgwood chassis brakes international references edit bloomberg business company snapshot a b c kps official web site len boselovic february 16 2014 . heard off the street psaros based his career on a bold experiment . pittsburgh post gazette . retrieved february 12 2015 . a b c martin arnold march 26 2009 . the friendly barbarian . financial times . retrieved february 13 2015 . external links edit list of companies that were sold v t e private equity and venture capital investment firms investment strategy venture growth mezzanine secondaries leveraged buyout history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s investors angel investor corporate venture capital commercial bank crowdfunding institutional investor insurance company investment bank endowment family office fund of funds high net worth individual merchant bank pension fund sovereign wealth fund private equity firms venture capital firms portfolio companies this article about a private equity or venture capital firm based in the united states is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title kps capital partners & oldid 742255187 categories wikiproject private equity task forcecompanies based in new yorkcompanies established in 1997private equity firms of the united statesinvestment companies of the united states1986 establishments in new yorkunited states private equity firm stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 2 october 2016 at 16 52 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view