"I need a distributor that will work with the msd 6AL ignition I have".
In 2006 MSD Capital, the computer entrepreneur's personal investment outfit, became one of the earliest private-equity firms to invest in the business by buying a majority stake in ValleyCrest for an undisclosed sum.Mr Dell now wants to reap what he sowed.
Perhaps MSD's most prominent deal came in 2008, in the middle of the financial crisis, when it joined a consortium that acquired the assets of the collapsed mortgage lender IndyMac Bank from the federal government for about $13.9 billion and renamed it OneWest Bank.
It is there that MSD Capital, started by Mr. Dell 15 years ago to manage his fortune, has quietly built a reputation as one of the smartest investors on Wall Street.
That money is managed by MSD, among the more prominent so-called family offices that are set up to handle the personal investments of the wealthy.
DELL'S FINANCIAL EMPIRE | The firm that manages Michael S. Dell's $16 billion fortune, MSD Capital, could play a role in a leveraged buyout of Dell, DealBook's Peter Lattman writes.
In 2010, MSD bought an archive of vintage photos from Magnum, including portraits of Marilyn Monroe and Mahatma Gandhi, and has put the collection on display at the University of Texas, Mr. Dell's alma mater.
The family office of Michael Dell, MSD Capital, manages more than $10 billion and has made direct investments in OneWest Bank, a regional bank in Southern California, among other private companies.
MSD's principals have already made tidy fortunes.
