Old Bahama Bay was founded by principals of Holding Capital Group, Main Street Resources, Allen & Company and many other notable entrepreneurs and CEOs (see founder list that follows). This group shares a common vision and has committed the equity required to date to allow the development to proceed fully funded with over 95% equity.

Holding Capital Group, LLC was begun in 1975 by S. A. Spencer, formerly a partner at McKinsey & Company and CEO of Briggs Manufacturing Co., and was joined in 1978 by James W. Donaghy, formerly with Arthur Andersen & Co. and in private industry. HCG has arranged and acted as principal in over 200 acquisitions and other investments aggregating about $3 billion in value - with transaction sizes from six figures to $150 million. Today the Group has some sixty members with backgrounds in operating businesses and professions.

Main Street is a non-controlling equity firm and generally commits $2-10 million equity capital in transactions that include growth fundings, equity financings, and management buyouts. The marked success and continuous growth of Main Street 's portfolio companies provides a testament to the value of their unique investment approach and business philosophy.

FOUNDERS
Allen & Company - New York, NY
A prominent 90-year old banking firm.
Daniel A. Levinson - Westport, CT
Founder of Main Street Resources, provider of capital and support to mid-market companies.
Cavalier Construction - Nassau, Bahamas
The most successful construction company in The Bahamas.
Andrew Moss - Seattle, WA
Microsoft senior manager responsible for Planning and Business Development.

William T. Criswell - Wellington, FL
Real estate developer of resorts, Hyatt Hotels, former owner of Dorchester Hotel.

Kenneth M. Olson - Westport, CT
Founder of POKO Management, real estate owner/operators.
Hal S. Divine - Pound Ridge, NY
Businessman and developer with holdings in Florida, Colorado and The Bahamas
Robert W. Plaster - Lebanon, MO
Founder of Empire Gas Corporation (NYSE) and the largest private property owner in MO.
James W. Donaghy - Bridgewater, CT
President, Holding Capital Management, with 20+ years of acquisitions.
William A. Schwartz - Westport, CT
Principal of TBM, a premier consulting firm and buyout fund.
Fleeman Builders - Gainesville, FL
Founders and developers of the Haile Plantation resort community.
Sash A. Spencer - New York, NY
Founder of Holding Capital Group, purchasers of 200+ companies since 1975.
Arie Genger - New York, NY
Chairman of Trans-Resources, Inc., the world's largest plant nutrient company.
Michael R. Stone - Darien, CT
General Partner of J. H. Whitney & Co., a $2B+ private investment partnership.
Graham Groves - Freeport, Grand Bahama Island
Son of Wallace Groves, founder of Freeport, Grand Bahama Island.
Alvin S. Trenk - Florham Park, NJ
Founder of several healthcare businesses and campaign fundraiser for Bill Bradley.
Thomas H. Hagerty - Boston, MA
Managing Director of the Thomas H. Lee Company.
Harold M. Wit - New York, NY
Private investor and managing director of Allen & Company.
Todd A. Wenner - Englewood, NJ
Managing Member of The Partners Property Group, LLC
a diversified real estate investment and development company.
 


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