Quadrangle Group

Quadrangle Group LLC
Company type	Private
Industry	Private equity; Media; Communications; Information-based sectors;
Founded	2000
Founder	Steven Rattner; Joshua Steiner; Peter Ezersky; David Tanner;
Headquarters	Seagram Building, New York, New York, United States
Products	Leveraged buyout; Growth capital;
Total assets	$3 billion
Number of employees	40+
Website	www.quadranglegroup.com
	Footnotes / references;

Quadrangle Group LLC^[1]^[2] is a private investment firm focused on private equity. The firm invests in middle-market companies within the media, communications and information-based sectors.

The firm, which is based in New York City, was founded in 2000, has raised approximately $3 billion of private equity capital since inception and employs approximately 40 investment professionals in offices in New York and Hong Kong.

Quadrangle's private equity business, Quadrangle Capital Partners, raised a $1.1 billion fund in 2000, followed by a $2.0 billion fund in 2005.^[3] Citing a not-further-identified "investor letter", a Feb. 2010 news report said the first fund had already returned the full amount to its investors and retained stakes in several companies, while the second fund had about $500 million left to invest and was up 19 percent in 2009. No 2008 fund was referenced in the report.^[4]

In February, 2009, Steven Rattner left Quadrangle when he was named as lead auto industry adviser to United States Treasury Department Secretary Timothy Geithner. A report at the time said that Michael Huber, who joined the firm in 2000,^[5] and Joshua L. Steiner would become co-presidents of the firm.^[6]

^ ^a ^b "Quadrangle Group LLC". OpenCorporates. February 28, 2000. Retrieved September 4, 2023.
^ "Quadrangle Group". Quadrangle Group. Retrieved September 4, 2023.
^ "US Quadrangle holds first closing of second media fund on $1bn" AltAssets, March 20, 2005.
^ Cite error: The named reference NYT02 was invoked but never defined (see the help page).
^ Huber bio Quadrangle Web site. Retrieved 2-23-09.
^ "Rattner to Serve as Lead Adviser on Auto Bailout" by Michael J. de la Merced and Andrew Ross Sorkin, The New York Times "DealBook", Feb. 23, 2009 1:41 pm. Retrieved 2-23-09.

[OpenCorporates-1] "Quadrangle Group LLC". OpenCorporates. February 28, 2000. Retrieved September 4, 2023.

[2] "Quadrangle Group". Quadrangle Group. Retrieved September 4, 2023.

[3] "US Quadrangle holds first closing of second media fund on $1bn" AltAssets, March 20, 2005.

[NYT02-4] Cite error: The named reference NYT02 was invoked but never defined (see the help page).

[5] Huber bio Quadrangle Web site. Retrieved 2-23-09.

[NYT0127-6] "Rattner to Serve as Lead Adviser on Auto Bailout" by Michael J. de la Merced and Andrew Ross Sorkin, The New York Times "DealBook", Feb. 23, 2009 1:41 pm. Retrieved 2-23-09.

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