I’ve seen several stories about Lone Star Funds, the local buyout shop (that’s a business term) that has itself in hot water over in Korea. Billions of dollars at stake. Folks getting arrested. Sounds like fun stuff. But who are the Dallas guys behind the thing? That’s not so apparent. Even Lone Star’s own site doesn’t provide answers. You’d think these guys would be proud of the work they do.
Well, I’m here to help. According to the Texas Secretary of State, it appears that the general partners of the firm are Michael Brigance and Mike Hennefer. If you want to learn more about those guys, check out their bios over at Corporate USA Real Estate Services. Hennefer graduated from BYU and used to sell power tools. Plus, he’s a Boy Scout leader. His buddy Brigance went to OU. In his spare time, he enjoys boating and traveling with his family.
Update: Forgive me. Hennefer and Brigance, it seems, may have only run a similarly named outfit. But I’m still here to help.
Lemme point you to Hudson Advisors, another publicity-shy firm that says it manages and services investments acquired by Lone Star Funds. In other words, I think it’s the same company. And Hudson’s guys are: Wesley Edens, Randal Nardone, Robert Kauffman, and John Grayken, who, in (mostly international) news stories, is identified as Lone Star’s chairman. But Grayken, I believe, lives in London.
