private industry private equity founded 1997 headquarters 75 rockefeller plaza 18th floor new york city united states key people ford f. graham co founder kevin c. davis co founder products leveraged buyout venture capital growth capital mezzanine capital website http www.vulcancapital.com vulcan capital management inc is a private equity firm focusing on investments in distressed restructurings acquisitions growth capital mezzanine capital leveraged buyouts recapitalizations and structured equity in the energy natural resources and green technology sectors 1 in the united states canada nigeria bangladesh and iraq . citation needed typical investments are between 10 million and 300 million . contents 1 history 2 investment focus 3 investment funds 4 assets and funds under management 5 references 6 external links history edit history of private equity and venture capital early history origins of modern private equity the 1980s leveraged buyout boom the 1990s leveraged buyout and the venture capital bubble the 2000s dot com bubble to the credit crunch v t e vulcan capital management not to be confused with vulcan inc. and its investment arm vulcan capital founded by paul allen was founded in may 1997 by ford graham and kevin davis and maintains principal offices in new york ny and houston tx . 2 since its founding in 1997 vulcan has completed over 35 transactions worldwide with a value exceeding 800 million through its family of partner funds and portfolio firms . investment focus edit vulcan capital management projects center around energy and natural resources sectors with a heavy focus on coal mining and power plants water resource management and natural gas exploration . since 2007 vulcan has diversified to include water treatment services and real estate development . investment funds edit the first vulcan investment platform vulcan partners i & ii was created in 1998 and was followed by nrvg nrvg ii & nrvg which invested over 300 million in the coal industry . in 2002 vulcan created and led an investor group that acquired select power plant assets from enron . they paid less than 100 000 for these two power plants and subsequently invested over 12 million in environmental cleaning equipment to make these plants the cleanest coal fired power plants in the north east usa . in 2003 vulcan created and structured the acquisition of duke energy s oil and gas division in the gulf of mexico . in 2004 vulcan s coal operations ranked as the seventh largest in the u.s. in 2004 vulcan expanded its energy services company into iraq and installed and repaired hundreds of megawatts of power . vulcan s power plants were the first new post war power plants in iraq . in 2007 vulcan launched vulcan partners iii a 400 million fund to originate and lead acquisitions and investments in middle market natural resources and energy companies . in 2007 vulcan with its partner graoch associates planned to launch aventine hill real estate fund i a 300 million investment focusing on acquisition financing operation and disposition of rental apartment communities located throughout the united states however this project was never enacted . 3 assets and funds under management edit laserline vulcan energy leasing llc in 2004 vulcan created a joint venture with laserline lease finance corporation plam springs ing a major lease hold company . laserline vulcan energy leasing is engaged in the sale and lease of large electrical power systems aircraft marine medical and other capital equipment . 4 ford graham took 550 000 from investors and according to kevin davis in his chapter 7 bankruptcy case used it for his own purposes north carolina power holdings llc ncph in 2003 vulcan acquired ncph a company consisting of two 35mw coal fired power plants in the atlantic coast region . 5 vulcan amps llc in 2002 vulcan acquired several power plant assets from enron . vulcan advanced mobile power systems amps manufactures some of the world s largest portable power generators and were the first new post war power plants installed in iraq . it is now cannibalized due to repeated bombings by iraq militants . 6 vulcan amps filed for bankruptcy in 2008 . vulcan coal partners lp in 2006 vulcan purchased assets and mining equipment in central appalachia alabama tennessee and kentucky with more than 26 million tons of coal reserves . 7 vulcan energy international llc created in 2003 vulcan energy international vei provides power plant solutions and services to customers world wide . vei s projects include contracting as a sub contractor and minority shareholder to a nigerian company vulcan elvaton limited which in 2008 was contracted by the sokoto state government of nigeria to build a 32 million n3 .8 billion 30 megawatts lpfo sng fueled turbine power station . this project was never completed due to the lack of progress draw payments in contravention of the sub contract agreement . 8 and gvei which announced in 2005 the investment of more than 1.6 billion in power production coal mining and fertilizer production in bangladesh . 9 vulcan energy of canada ltd. in 2001 vulcan s portfolio company acquired 70 000 acres of canadian coal bed methane reserves with over 1.5 trillion cubic feet of natural gas . vulcan energy solutions llc ves founded in 2003 vulcan energy solutions provides power plant operations and maintenance services and support to the government of iraq . 10 vulcan petroleum resources limited vulcan petroleum is a 2012 formed nigeria corporation incorporated to develop construct majority own and operate 6 modular refineries with a combined capacity of 180 000bpd to operate in nigeria . the mou signed with the ministry of investment is stalled due to other government ministries beauraucracy . 11 vulcan water resources ltd vulcan water resources provides water engineering services and products . 12 vulcan water services llc references edit vulcan capital management . businessweek . vulcan capital management inc. 2134947 nys department of state division of corporations entity information active as of january 18 2013 . select timeline transactions vulcan capital management june 2012 . mandel airplane funding & leasing corp. v laserline props . ii llc justia.com october 3 2011 . they went bankrupt . north carolina power holdings north carolina power holdings profile center for media & democracy june 2012 . vulcan amp llc profile businessweek june 30 2012 . company overview of vulcan coal partners lp businessweek june 2012 . sokoto to build n3 .8 bn ipp graham nigeria business february 27 2010 . us energy company to invest 1.6 b the daily star may 5 2005 . company overview of vulcan energy solutions llc businessweek june 2012 . nigeria inks deal with us investors on 4.5 billion oil refinery program platts.com july 2012 . company overview of vulcan water resources ltd businessweek june 2012 . external links edit 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 vulcan capital management & oldid 683017592 categories private equity firmscompanies established in 1997hidden categories all articles with unsourced statementsarticles with unsourced statements from june 2013 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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