Columbus Nova

Columbus Nova
Private
Industry Investment services
Founded 2000
Headquarters New York City, New York, United States
Key people
  • Andrew Intrater, (CEO)
  • Jason Epstein, (Senior Managing Partner)
  • Paul Lipari, (Senior Managing Partner)
Products Financial services
AUM $2-$15 billion
Parent Renova Group
Subsidiaries Daybreak Game Company, Fiverr, Rabb.it, Chat Republic Games, Rhapsody[1]
Website www.columbusnova.com

Columbus Nova is an investment company founded in 2000 and centered in New York City. As of 2015, its key people are CEO Andrew Intrater, Senior Managing Partner Jason Epstein, and Senior Managing Partner Paul Lipari. The company is a multi-strategy investment firm with over $15 billion USD of assets in its own funds and affiliated portfolio companies, including Daybreak Game Company, Fiverr, and Rhapsody.[2] Columbus Nova is the U.S.-based affiliate of the Renova Group of companies, one of the largest Russian strategic investors in the metallurgical, oil, machine engineering, mining, chemical, construction, housing, utilities and financial sectors.[3]

On September 17, 2013, online music service Rhapsody International announced that it would accept a "significant" investment of an undisclosed amount from Columbus Nova Technology Partners. At the same time, it was announced that Rhapsody president Jon Irwin would step down and the company would lay off some of its workers.[4]

On February 2, 2015, it was announced that Columbus Nova has acquired Sony Online Entertainment (SOE) from its parent company, Sony. Now independent from the electronics corporation, SOE has been renamed Daybreak Game Company.[5][6] Daybreak will continue to produce its roster of massively multiplayer online games, such as EverQuest and DC Universe Online. It was then announced, on February 11, that a number of key staff positions had been cut.[7]

Senior Managing Partner Jason Epstein also owns Harmonix, the makers of Guitar Hero, whom he bought from Viacom in December 2010.[8][9]

References

  1. ↑ "CNTP Portfolio". cntp.com. Retrieved 3 February 2015.
  2. ↑ columbusnova.com About Us
  3. ↑ About CIFC–Andrew Intrater
  4. ↑ Crook, Jordan (17 September 2013). "Faced With Fierce Competition, Rhapsody Takes "Significant" Investment From Columbus Nova". TechCrunch. Retrieved 3 February 2015.
  5. ↑ McWhertor, Michael (2 February 2015). "Sony Online Entertainment sold off by Sony, renamed Daybreak Game Company". Polygon. Retrieved 3 February 2015.
  6. ↑ Graser, Marc (2 February 2015). "Sony Online Entertainment Sold to Investment Firm Columbus Nova". Variety. Retrieved 3 February 2015.
  7. ↑ Schreierr, Jason (11 February 2015). "Big Layoffs at Everquest Studio today". Kotaku. Retrieved 14 February 2015.
  8. ↑ "Harmonix Rebounds With Dance Central, Bets on Music Downloads". Bloomberg Business. Bloomberg News. 2 November 2011. Retrieved 3 February 2015.
  9. ↑ Marie, Meagan (23 December 2010). "Viacom Sells Harmonix To Columbus Nova". gameinformer.com. Retrieved 3 February 2015.

http://www.renova.ru/en/structure/company/detail/130/


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