Fox Paine & Company, a limited liability company, manages investment funds in excess of $1.5 billion that provide equity capital for management buyouts, going private transactions and company expansion and growth programs. The company engages exclusively in friendly transactions developed in cooperation with a company's management, board of directors and shareholders. The Fox Paine funds are managed on behalf of over 50 leading financial institutions. These institutions include public pension systems, providing for the health and welfare of state and municipal employees across the United States, Fortune 100 corporate pension plans, major life and property and casualty insurance companies, money center and super regional commercial banks, investment banking firms and university endowments. Saul A. Fox and W. Dexter Paine, III, founded Fox Paine in 1997. The company is headquartered in Foster City, Calif.