In Cincinnati, the $150 million funds raised to support the establishment and growth of the Cincinnati private firm is the highest amount ever raised in the region. The penthouse-based firm Hauser Private Equity is one of the world’s top-ranking and fast-growing firms. Recently, the firm was issued with $115 million funds to support its development. The firm’s co-owners and managerial team are very optimistic that the company shall manage to raise the money by the beginning of October. These are reports according to the firm’s co-managing director, Paul Swanson.
All these funds given to the company have been instrumental and have helped the company streamline its operations. Mark Hauser, the firm’s director, confirms that the firm is attaining its financial and economic goals with a similar strategy it’s been using since eternity. Hauser Private Equity has over ten years of existence. In 2010, the firm raised $44 million, which was its first fund. Four years later, its sum fund value grew to $100 million, a $60 million profit.
Some of the firms that have helped raise funds include Blue Chips Venture company, River City Capital Funds, and many more. The firm’s co-director says that he got renowned people from high ranks and wealthy individuals who helped sponsor the company. He is not willing to disclose their identities, though he confirms that most are from Cincinnati.
The firm’s owner Mark Hauser explains that the company has managed to thrive because of its high-quality products that are always in high demand. He explains that another factor contributing to the firm’s success is the availability of new investors willing to deliver and support the firm’s growth. He adds that as the firm’s managing director, he has always ensured that the strategy being implemented is for the company’s success. Regardless of the firm’s significant progress, Mark still believes that more should be done to keep the company competitive.
For details: www.crunchbase.com/person/mark-hauser-1ac7