- Donald Quintin named Chief Executive Officer and Global President of Lone Star
- Final close of LSF XII
- Final close of LSREF VII
- Final close of LSRMF III
- Acquisition of ERIKS and Kidde Global Solutions
- Acquisition of Titan Acquisition Holdings, Carlisle Fluid Technologies and CentroMotion
- Final close of LSVAF II
- Acquisition of SENQCIA Corporation and SPX FLOW
- John Grayken receives PERE 2022 Lifetime Achievement Award
Ukraine War
Banking Crisis
Inflationary Spiral
Middle East Crisis
2022-Present
- Acquisition of AOC
- Acquisition of McCarthy & Stone
- Final close of LSREF VI
- Acquisition of BASF’s construction chemicals business, forming MBCC Group
- Acquisition loan for an employee-owned company of Unizo, an example of a Capital Solutions deal in Japan’s real estate space
- Acquisition of Ryokan Hot Spring Hotel Group in Japan
- Final close of LSRMF II
COVID-19 Pandemic
2020-2022
- Final closing of LSF XI, Lone Star’s largest fund to date with approximately $8.1 billion in capital commitments
- Lone Star enters the value-add space, with initial close of LSVAF I
- Programmatic investment of approximately $800 million of equity into newly originated U.S. non-Agency mortgages
- Ceased in-house issuance and commenced aggregation of non-Agency loans from third-party issuers
- Acquisition of Edilians, Sino Gas & Energy and the final U.S. residential whole loan portfolio
- Acquisition of a Spanish REO portfolio and an NPL/REO servicer
Lone Star broadens focus on value private equity buyout, with an emphasis on asset-heavy cash-flowing industrial companies
2018-Present
- Acquisition of Xella, Stark and 75% of Novo Banco
- Final close of LSF X
- Lone Star ranks #1 on Private Debt Investor’s 2017 PDI 50 list
- Final close of LSREF V
- Formal adoption of Lone Star Sustainability Policy
- Lone Star ranks #1 on Private Debt Investor’s 2016 PDI 30 list
- Acquisition of Propertize
Pre-COVID Boom
2016-2019
- Acquisition of Forterra
- Acquisition of Quintain and Home Properties
- Investment of approximately $1.2 billion of equity into various distressed CRE debt portfolios
- Final close of LSREF IV
- Programmatic investment of approximately $480 million of equity into newly originated U.S. non-Agency mortgages
- Final close of LSF IX
- Investment of approximately $2.3 billion of equity into various distressed CRE debt portfolios
- Acquisition of Coeur Defense
- Final close of LSREF III
- Lone Star is one of the first movers to take advantage of the new, more stringent non-Agency mortgage rules put in place in the wake of the GFC
- Final close of LSRMF I
Certain Lone Star Funds invest in the U.S. housing recovery, acquiring a series of companies in the building materials production and distribution sectors
2014-2018
- Acquisition of Continental Building Products
- Final close of LSF VIII
- Investment of approximately $950 million of equity into various distressed CRE debt portfolios
- Investment of approximately $3.8 billion of equity into various residential debt portfolios
- Final close of LSF VII
- Final close of LSREF II
Certain Lone Star Funds invest heavily in European commercial real estate in the wake of the banking crisis in the Eurozone
2012-2017
GFC Recovery and European Bank Deleveraging
2011-2015
- Investment of approximately $4.8 billion of equity into various residential debt portfolios
- Final close of LSF VI
- Final close of LSREF I
- Acquisition of IKB
- Acquisition and formation of Caliber Home Loans
Global Financial Crisis
Subprime Mortgage Crisis
2007-2010
COMBINED STRATEGY 1995-2007
- Opportunistic investment activity picks up in Europe as introduction of the Eurozone results in consolidation and deleveraging of financial institutions
- Final close of LSF V
- Final close of LSF IV
- Acquisition of Tokyo Star Bank
- Acquisition of Korea Exchange Bank
- Dominated by deals in Korea
- Final close of LSF III
- Investment focus shifts strongly to Asia
- First Asian deals by Lone Star
- Final close of LSF II
Investment focus shifts to Asia, with the acquisition of financial institutions, real estate, and loan portfolios as Japanese real estate bubble collapses and financial crisis begins in East Asia
1998-2004
- Lone Star implements a global platform allowing it to pivot across markets and asset classes as macro conditions change
- First European deals by Lone Star
- Final close of Lone Star Opportunity Fund
- Lone Star expands into Canada
- John Grayken raises $246 million for a first fund — Brazos Fund — that aims to pursue distressed commercial real estate debt and equity investments in North America
RTC Savings & Loan Crisis in the U.S. and the Canadian Debt Crisis
1995-1997
Evolution of Lone Star’s global platform, building flexibility to pivot geographically as financial crises around the world develop and recover
1995-1998