'Savvy' Investor Tim Collins '78 Profiled in Fortune

June 6, 2003

June 6, 2003, Greencastle, Ind. - Timothy J. Collins, a 1978 graduate of DePauw University and founder and chief executive of "New York-based private equity fund, Ripplewood Holdings, has been gobbling up other distressed Japanese businesses like senbei crackers," notes the international edition of Fortune magazine. "Among Ripplewood's acquisitions: Niles Parts, a supplier cut loose by Nissan Motor; Columbia Music Entertainment, a record label famed for its collection of syrupy enka folk recordings; and the Phoenix Seagaia resort, a sprawling seaside leisure complex, home to Japan's premier international golf tournament and to Ocean Dome, a gargantuan indoor beach that is the definitive monument to the excesses of Japan's 'bubble economy.'"

Clay Chandler writes, "deal by deal, Ripplewood and a handful of other savvy outside players are demonstrating that overseas investors can not only wrest control of Japanese assets but also make money from them. As for the xenophobes, foreign investments aren't weakening Japan -- they're making it stronger. 'Vultures' like Collins offer the world's second-largest economy its last, best hope for recovery."

You can read the article in its entirety by clicking here.

Tim Collins was featured in a story on cable television's CNBC in December. Read about it, and access video and audio clips, here. Collins has also been profiled several times in Business Week, and was on the cover of the December 10, 2001 Asian edition of the magazine. Read more here.

Back