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Charter Financial Stage: Growth Date of Investment: 1993 Web Site : http://www.charterfin.com/index.htm
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Prior to its sale to Wells Fargo in 2000, Charter Financial was a New
York-based corporation that originated and brokered equipment leases
for middle-market customers and not-for-profit organizations, such as
hospitals. The company provided lease financing secured primarily by
medical, media, and communications equipment ranging in cost from
$500,000 to $2 million. Warburg Pincus provided growth financing to
Charter beginning in 1993, and remained the company's largest
shareholder through its sale in 2000.
