Pacific Corporate Group

Summary

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Pacific Corporate Group is a global alternative investment management and advisory company headquartered in La Jolla, California. PCG, together with affiliates and subsidiaries (together, the "affiliates") currently manage over $17 billion in assets and has invested and advised upon over $44 billion since 1990.[1] PCG and its affiliates operate through offices based out of La Jolla, New York City, Danvers, Washington D.C., Singapore and Hong Kong

Pacific Corporate Group
Company typePrivate
IndustryFinancial services
Founded1979
FounderChristopher Bower
HeadquartersLa Jolla, California, United States
ProductsAsset Management, Private Equity
Total assets$17 billion
Websitewww.pcgfunds.com

History edit

PCG was founded in 1979 by Christopher Bower to focus on building an institution that could produce customizable private equity products to better serve institutional investors. Since then, PCG has served as advisor to some of the largest institutional investors in the world.

PCG has been registered with the SEC since 1984 as an investment advisor.

PCG's investment performance has been independently verified by Deloitte & Touche since 1989.

PCG introduced the "No-Fault Divorce Clause" provision. These provisions started coming in during the late 1990s, and have now become an industry standard, with almost all funds now having a no-fault divorce clause included.[2]

In 2007, PCG reorganized into three specialized operating affiliates:

  • PCG Asset Management, LLC (PCG AM)
  • PCG Capital Partners, LLC (PCG CP)
  • PCG International LLC (PCGI)

Corporate Structure edit

PCG edit

PCG provides institutionalized, independent operational support for the PCG family of companies. PCG includes: Information Technology and Security, Finance, Accounting, Risk Management, Human Resources, Legal and Compliance.

PCG Asset Management edit

PCG Asset Management (PCG AM) provides customized solutions[buzzword] for institutional investors. PCG AM is a research-focused private equity advisor and fund of funds manager. PCG AM also provides strategic portfolio construction and extensive portfolio monitoring and reporting services.

PCG Capital Partners edit

PCG Capital Partners (PCG CP) provides financing to managers of growth companies. PCG CP is a direct investment firm that targets minority investments to fund organic growth initiatives, acquisitions, deleveraging and shareholder liquidity.

PCG International edit

PCG International (PCGI) focuses on partnership and co-investments. PCGI is an investment management firm focused on select private equity markets outside the US.

References edit

  1. ^ Source: Deloitte & Touche. Estimates based on investment activities of partnership advisory and direct investment divisions of Pacific Corporate from 1990 through December 31, 2009.
  2. ^ Preqin - Private Equity Glossary

External links edit

  • Business Week company profile