type private industry private equity predecessor dlj merchant banking partners founded 2005 founder thompson dean steven webster headquarters new york new york united states products leveraged buyout growth capital total assets 5 billion website www.avistacap.com avista capital partners is an american private equity firm focused on growth capital and leveraged buyout investments in middle market companies in the energy healthcare and media sectors . the firm which is based in new york city was founded in 2005 when a team of professionals led by thompson dean and steven webster completed a spinoff from credit suisse s private equity arm dlj merchant banking partners to form a new private equity firm . dean had previously been the co head of dljmb . avista completed fundraising for its first 2 billion fund in 2007 . 1 2 avista closed on its second fund with 1.8 billion 3 of commitments which represents only 60 % of its original 3 billion target . 4 avista was formed one year after larry schloss left dlj merchant banking partners to found diamond castle holdings a middle market focused private equity firm . unlike diamond castle avista received support from credit suisse for its debut fund . 5 the spinout of diamond castle and avista from credit suisse first boston came at the same time as the spinouts of private equity groups from other leading investment banks including jpmorgan chase ccmp capital citigroup court square capital partners deutsche bank midocean partners and morgan stanley metalmark capital . in 2009 one of avista s media acquisitions the minneapolis star tribune newspaper the nation s 15th largest daily paper fell into chapter 11 bankruptcy . 6 7 in 2011 avista acquired databank ltd. an enterprise class managed data center based in dallas tx . the company is expected to open a new facility towards the end of 2012 . see also edit dlj merchant banking partners diamond castle holdings references edit avista closes 2bn fund . altassets june 14 2007 avista fund challenges credit suisse buyouts june 14 2007 . 1 http www.pehub.com 66368 avista closes fund at 18 billion better late than never avista closes second fund source preqin avista with cs backing makes splashy debut . reuters buyouts june 25 2007 2 archived may 22 2011 at the wayback machine . steller chris january 15 2009 . a cold day indeed for minnesota it s bankruptcy for the star tribune . the minnesota independent . retrieved 2009 01 15 . schmickle sharon january 15 2009 . strib files for bankruptcy and lists unsecured creditors . minnpost . retrieved 2009 01 15 . external links edit avista capital partners company website 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 v t e merchant banking private equity groups current and prior abn amro aac capital partners bank of america ridgemont equity partners merrill lynch global private equity barclays capital barclays private equity barings bank baring vostok capital partners gp investments bear stearns irving place capital fka bsmb cibc world markets trimaran capital partners citigroup metalmark capital court square capital partners cvc capital partners credit suisse dlj merchant banking avista capital partners diamond castle holdings deutsche bank midocean partners first chicago bank defunct madison dearborn partners gtcr goldman sachs goldman sachs capital partners jpmorgan chase ccmp capital fka jpmorgan partners one equity partners lazard lazard alternative investments lehman brothers defunct trilantic capital partners morgan stanley metalmark capital morgan stanley capital partners nomura terra firma capital partners ubs ubs capital affinity equity partners capvis lightyear capital wells fargo norwest venture partners pamlico capital william blair & company chicago growth partners william blair capital partners list of investment banking private equity groups retrieved from https en.wikipedia.org w index.php title avista capital partners & oldid 707820605 categories private equity firms of the united statescompanies established in 2005investment banking private equity groupshidden categories articles with wayback machine links 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 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