Avista was formed in 2005 by a cohesive team of experienced private equity professionals, who worked together at DLJ Merchant Banking Partners—which at the time was one of the world's largest and most successful investment firms. Avista's team of proven investment professionals is augmented by veteran Operating Executives with expertise in the Healthcare, Communications and Energy sectors.
Avista espouses a proven, well-developed Global Partnership Strategy – a strategy rooted in combining investment professionals with industry experts. In doing so, Avista seeks to add value to its portfolio companies through active oversight and to bring firm resources (financial, industry and strategic) to bear to augment management's efforts.
Avista has approximately $6 billion under management and is currently investing out of its fourth fund.
Avista makes controlling or influential minority investments of approximately $50 million to $300 million, focused on middle market companies, in connection with various transaction structures including leveraged buyouts, build-ups, structured investments and growth financings. We believe our proven approach to investing -- built around our Global Partnership Strategy of focus, collaboration and expertise in business and investing -- enables us to do more than just make "good buys" in today's market. The Avista approach supports management and enhances operational performance, creating real value.