Newstone Capital Partners is a firm that provides debt capital to private equity sponsors pursuing leveraged buyouts, recapitalizations and later-stage growth financing. The firm has approximately $1.7 billion of assets under management.
The firm, which was founded in 2006, is based in Los Angeles and has offices in Dallas.
History
In 2006, TCW/Crescent Mezzanine professionals John Rocchio and Timothy Costello left TCW to launch the new firm, Newstone Capital Partners, with approximately $865 million of investor capital committed to its debut fund.[1]