History

1991

Siguler Guff is founded by George Siguler, Drew Guff and Donald Spencer as the Private Equity Group of Paine Webber

1993

Siguler Guff co-manages Business Mortgage Investors

BMI is formed in the wake of the Savings and Loan Crisis to purchase performing small business mortgages from the Resolution Trust Company and the Federal Deposit Insurance Corporation.

1994

Moscow office opens
Siguler Guff co-manages Venture Lending & Leasing I

VLL I is formed to provide asset-backed financing to carefully selected venture capital-backed companies in the form of secured loans and equipment leases, in exchange for current coupon payments and equity warrants. VLL I is a joint venture between Siguler Guff Advisers and Western Technology Investments. 

1995

Russia Partners raises Russia Partners I

RP I is formed to make direct equity and equity-related investments in companies operating in Russia and the countries of the former Soviet Union. RP I has $155 million of investor commitments.

Siguler Guff becomes an independent Firm

Founded in 1991 within PaineWebber, Siguler Guff becomes an independent firm in 1995.

1997

Siguler Guff co-manages Venture Lending & Leasing II

VLL II, a successor fund to VLL I, is formed to provide asset-backed financing to carefully selected venture capital-backed companies in the form of secured loans and equipment leases, in exchange for current coupon payments and equity warrants. VLL II is a joint venture between Siguler Guff Advisers and Western Technology Investments.

2000

Ken Burns joins Siguler Guff
Siguler Guff co-manages Venture Lending & Leasing III

VLL III, a successor fund to VLL I and II, is formed to provide asset-backed financing to carefully selected venture capital-backed companies in the form of secured loans and equipment leases, in exchange for current coupon payments and equity warrants. VLL III is a joint venture between Siguler Guff Advisers and Western Technology Investments.

2002

Siguler Guff raises Distressed Opportunities Fund I

DOF I, Siguler Guff’s first multi-manager fund, is formed to assemble a diversified portfolio of funds investing in the securities of companies undergoing financial distress, operating difficulties or significant restructuring. DOF I also allocates capital to direct investment / co-investment opportunities in similar situations. DOF I has $595 million of investor commitments.

2005

Siguler Guff raises Distressed Opportunities Fund II

DOF II, a successor fund to DOF I, is formed to assemble a diversified portfolio of funds investing in the securities of companies undergoing financial distress, operating difficulties or significant restructuring.  DOF II also allocates capital to direct investment / co-investment opportunities in similar situations. DOF II has $988 million of investor commitments.

Siguler Guff raises BRIC Opportunities Fund I

BRIC I is formed to assemble a diversified portfolio of funds investing in the securities of companies located or doing business primarily in the BRIC economies (the large and dynamic markets of Brazil, Russia, India and China) and other select emerging markets. BRIC I also allocates capital to direct investment / co-investment opportunities in these markets. BRIC I has $610 million of investor commitments.

2006

Shanghai office opens
Russia Partners raises Russia Partners II

RP II, a successor fund to RP I, is formed to make direct equity and equity-related investments in companies operating in Russia and the countries of the former Soviet Union. RP II has $348 million of investor commitments.

Siguler Guff raises Small Buyout Opportunities Fund I

SBOF I is formed to assemble a diversified portfolio of private equity funds investing in the securities of small and lower middle market companies. SBOF I also allocates capital to select direct investment opportunities, generally in the form of co-investments. SBOF I has $505 million of investor commitments.

2007

Mumbai office opens
Siguler Guff raises Distressed Opportunities Fund III

DOF III, a successor fund to DOF I and II, is formed to assemble a diversified portfolio of funds investing in the securities of companies undergoing financial distress, operating difficulties or significant restructuring. DOF III also allocates capital to direct investment / co-investment opportunities in similar situations. DOF III has $2.4 billion of investor commitments.

2008

Siguler Guff raises BRIC Opportunities Fund II

BRIC II, a successor fund to BRIC I, is formed to assemble a diversified portfolio of funds investing in the securities of companies located or doing business primarily in the BRIC economies (the large and dynamic markets of Brazil, Russia, India and China) and other select emerging markets. BRIC II also allocates capital to direct investment / co-investment opportunities in these markets. BRIC II has $893 million of investor commitments.

2009

Russia Partners raises Russia Partners III

RP III, a successor fund to RP I and II, is formed to make direct equity and equity-related investments in companies operating in Russia and the countries of the former Soviet Union. RP III has $626 million of investor commitments.

BNY Mellon acquires a 20%, non-voting interest in Siguler Guff

2010

Siguler Guff raises Distressed Opportunities Fund IV

DOF IV, a successor fund to DOF I, II and III, is formed to assemble a diversified portfolio of funds investing in the securities of companies undergoing financial distress, operating difficulties or restructuring, and various distressed residential, commercial and consumer asset-backed securities and loans. DOF IV also allocates capital to direct investment / co-investment opportunities in similar situations. DOF IV has $1.3 billion of investor commitments.

Siguler Guff raises Distressed Real Estate Opportunities Fund I

DREOF I is formed to assemble a portfolio of funds investing in various forms of real property interests, consisting primarily of debt and equity interests in commercial property, commercial mortgages and commercial mortgage-backed securities, and the debt and equity securities of real estate operating companies and real estate investment trusts on a global basis. DREOF I also allocates capital to direct investment / co-investment opportunities in similar situations. DREOF I has $630 million of investor commitments.

2011

Siguler Guff raises BRIC Opportunities Fund III

BRIC III, a successor fund to BRIC I and II, is formed to assemble a diversified portfolio of funds investing in the securities of companies located or doing business primarily in the BRIC economies (the large and dynamic markets of Brazil, Russia, India and China) and other select emerging markets, with a particular emphasis on Brazil and China. BRIC III also allocates capital to direct investment / co-investment opportunities in these markets. BRIC III has $190 million of investor commitments.

Russia Partners raises Russia Partners Technology Fund

RPTF is formed to make direct equity and equity-related investments in high-growth businesses in areas related to technology and innovation in Russia and the countries of the former Soviet Union, as well as in companies that are implementing global technologies and processes throughout the region. RPTF has $93 million of investor commitments.

Siguler Guff raises Small Buyout Opportunities Fund II

SBOF II, a successor fund to SBOF I, is formed to assemble a diversified portfolio of private equity funds investing in the securities of small and lower middle market companies.  SBOF II also allocates capital to select direct investment opportunities, generally in the form of co-investments. SBOF II has $940 million of investor commitments.

2013

Siguler Guff raises Distressed Real Estate Opportunities Fund II

DREOF II, a successor fund to DREOF I, is formed to target specific product silos within the real estate investment universe that Siguler Guff believes present the greatest value at a particular time. Investments focus on various types of real property interests, including equity interests in commercial property, commercial mortgages and commercial mortgage-backed securities, and the debt and equity securities of real estate operating companies or real estate investment trusts primarily in the U.S. and Europe. The portfolio includes fund investments, joint ventures and other forms of co-investment. DREOF II has $877 million of investor commitments.

2014

2015

Siguler Guff raises DREOF II Co-Investment Fund
DREOF IIA, a limited size co-investment fund and a successor to DREOF II, is formed to capture attractive direct investment opportunities generated by the Firm’s abundant, off-market deal flow. DREOF IIA has $250 million of investor commitments.
Siguler Guff raises Secondary Opportunities Fund
SOF is formed to purchase interests in investment funds on the secondary market, with a focus on niche special situations opportunities, including purchasing interests in funds managed by distressed-focused and out-of-favor managers, side pocket liquidations and credit or value-oriented strategies. SOF has $337 million of investor commitments.