Welsh, Carson, Anderson & Stowe

Welsh, Carson, Anderson & Stowe (Welsh Carson or WCAS) is a private equity investment firm in the United States. Founded in 1979, it has organized 14 limited partnerships with total capital over $16 billion and is currently in the process of raising a new $4 billion private equity fund Welsh, Carson Anderson & Stowe XI. There are approximately 40 publicly traded companies that trace their roots to WCAS. WCAS has developed a focus on growth compan... more

Welsh, Carson, Anderson & Stowe (Welsh Carson or WCAS) is a private equity investment firm in the United States. Founded in 1979, it has organized 14 limited partnerships with total capital over $16 billion and is currently in the process of raising a new $4 billion private equity fund Welsh, Carson Anderson & Stowe XI. There are approximately 40 publicly traded companies that trace their roots to WCAS. WCAS has developed a focus on growth companies in two industry sectors: Although historically, WCAS has made investments in telecommunications, the firm moved away from the sector after poor performance adversely impacted the performance of its eighth private equity fund. WCAS has approximately 40 employees; including 15 general partners; based on Park Avenue in New York City. The firm was founded in 1979 by Patrick Welsh and Russell Carson, formerly of Citicorp Venture Capital, the private equity arm of Citicorp (today Citigroup) as well as Bruce Anderson and Rick Stowe. In... less