Blum Capital

Founded in 1975 by Richard C. Blum, Blum Capital Partners is a San Francisco-based investment firm. The firm became prominent for pioneering a hybrid investment strategy that combines traditional private equity with strategic block investments in public companies, focusing primarily on small-cap and middle-market businesses. Before founding the firm, Richard Blum notably led a partnership that acquired the Ringling Bros. and Barnum & Bailey Circus for $8 million in 1967, later selling it to Mattel for $50 million.

Throughout its history, Blum Capital has engaged in various global initiatives, including the 1994 formation of Newbridge Capital, a joint venture with Texas Pacific Group and ACON Investments to target markets in Asia and Latin America. The firm has managed significant stakes in major corporations such as CB Richard Ellis (CBRE) and Lenovo. Following the 2008 financial crisis, the firm navigated significant volatility in its real estate and public stock portfolios. In recent years, it has continued to participate in major acquisitions, including the takeover of Collective Brands and the acquisition of the Grand del Mar Resort.