is about the private equity firm . for the private equity investor see j. christopher flowers . j.c. flowers & companies type private industry private equity financial services founded 2001 founder j. christopher flowers headquarters new york new york united states products leveraged buyout growth capital total assets 7.9 billion divisions j.c. flowers i l.p. and j.c. flowers ii l.p. website www.jcfco.com j.c. flowers & co. is an american private equity investment firm focused on investments in the financial services sector . the firm founded in 2001 1 is based in new york city and run by billionaire 2 j. christopher flowers a former goldman sachs partner . jc flowers manages two private equity funds j.c. flowers i lp closed in 2002 with 900 million of committed capital and j.c. flowers ii lp closed in 2006 with 7.0 billion of committed capital . both funds are focused exclusively on the financial services sector . jc flowers in europe is led by its managing director david morgan . 3 contents 1 investments 1.1 other notable activity 2 references 3 external links investments edit jc flowers most notable investments include such financial services companies as chi x australia along with chi x japan and chi tech hong kong enstar group shinsei bank nibc bank n.v. hypo real estate group germany formerly 24.9 % hsh nordbank germany 26.6 % fox pitt kelton cochran caronia waller equita sim italy 50 01 % eurovita italy 78 19 % mf global us 6.8 % other notable activity edit jc flowers has also been active in a number of high profile contemplated transactions that did not occur . in mid 2007 an investor group led by jc flowers signed an agreement to purchase sallie mae for approximately 25 billion usd giving jc flowers and friedman fleischer & lowe 50.2 percent of the company . this deal fell through however . 4 in late 2007 jc flowers was one of the many companies bidding for the troubled british bank northern rock . 5 they pulled out of the bidding in december . 6 on january 21 2008 jc flowers made an infomal bid of 4bn for friends provident . 7 a revised bid of 3.5 billion was rejected 8 on march 14 2008 jc flowers was reported to be in talks to buy troubled us investment bank bear stearns . 9 on april 16 2008 jc flowers issued an offer to buy 24.9 % of the shares of hypo real estate group at a price of 22.50 per share . 10 end of 2006 jc flowers purchased a company called paneurolife in luxembourg and started to build the newpelgroup . in july 2010 jc flowers announced its intention to purchase a stake in the uk s kent reliance building society 11 and this deal was completed on 1 february 2011 with the formation of onesavings bank plc. in december 2012 jc flowers was reported to have submitted a non binding first round bid for the 316 branches being re auctioned by the royal bank of scotland group . 12 in july 2013 jc flowers agreed to buy 450 million of loans belonging to struggling british bank northern rock . 13 references edit jc flowers profile . businessweek . retrieved 2008 04 16 . billionaire list j christopher flowers . forbes . 2007 10 07 . retrieved 2008 04 16 . jc flowers hires financial heavyweights . financial times . 2009 11 24 . retrieved 2010 05 28 . jobs lost at sallie mae j.c. penney . times leader . 2008 01 18 . retrieved 2008 04 16 . conway edmund ; hotten russell 2007 10 26 . jc flowers reveals northern rock bid team . london the daily telegraph . retrieved 2008 04 16 . slater steve 2007 12 07 . jc flowers seen exiting n. rock race . reuters . retrieved 2008 04 16 . seib christine 2008 01 21 . jc flowers in 4bn bid for troubled friends provident . london the times . retrieved 2008 04 16 . hosking patrick 2008 03 31 . friends prov rejects new 3.5 bn flowers offer . london the times . retrieved 2008 04 16 . bear stearns weekend talks reveal 2 key contenders . cnbc . 2008 03 14 . retrieved 2008 04 16 . a group of investors coordinated by j.c. flowers intends to submit a public offer to purchase around 24.9 % of the shares of hypo real estate holding ag . pdf . 2008 04 16 . retrieved 2008 04 16 . kent reliance and jc flowers in joint venture talks . bbc news . 2010 07 12 . retrieved 2010 07 12 . nationwide pulls out of bidding for rbs branches . herald . 2012 12 15 . retrieved 2010 07 17 . abhishek takle 17 july 2013 . j.c. flowers set to buy portion of northern rock loans paper . reuters . external links edit j.c. flowers & co. company website v t e private equity and venture capital basic investment types buyout venture mezzanine growth secondaries equity co investment 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 terms and concepts buyout financial sponsor management buyout divisional buyout buy sell agreement leveraged recapitalization dividend recapitalization venture angel investor business incubator post money valuation pre money valuation seed money startup company venture capital financing venture debt venture round structure private equity firms and funds limited partnership limited liability company carried interest management fee publicly traded private equity business development company venture capital trust private investment in public equity pipe pledge fund investors corporations institutional investors pension funds insurance companies fund of funds endowments foundations investment banks merchant banks commercial banks high net worth individuals family offices sovereign wealth funds crowdfunding related financial terms aum cap table capital call capital commitment capital structure distribution waterfall ebitda envy ratio high yield debt ipo irr leverage liquidation preference m & a pme taxation of private equity and hedge funds undercapitalization vintage year private equity and venture capital investors private equity firms venture capital firms angel investors portfolio companies retrieved from https en.wikipedia.org w index.php title j.c. flowers % 26 co. & oldid 701532270 categories private equity firms of the united statescompanies established in 2001privately held companies based in new york2001 establishments in new york 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 deutschfran ais edit links this page was last modified on 25 january 2016 at 03 16 . text is available under the creative commons attribution sharealike license ; 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