The firm, which is based in New York City and has offices in Santa Monica and West Palm Beach, was formed in 1998.

[1] In 1998, Michael Dell recruited John C. Phelan and Glenn R. Fuhrman to form MSD Capital to manage his family's wealth.

[3] Based on the most recent Form 13F filings by MSD Capital, its holding of the equity of public companies include PVH Corp., the apparel company that owns brands including Calvin Klein and Tommy Hilfiger, and Dine Brands Global, known for its IHOP and Applebee's restaurants.

[3] In July 2016, it was announced that MSD Capital and MSD Partners would provide preferred equity financing to support WME | IMG in its acquisition of UFC, the professional mixed martial arts (MMA) organization, alongside strategic investors KKR and Silver Lake Partners.

[10] Also in 2016, MSD Capital bought an interest in Grand Central Terminal's air rights for $126 million.

[20] The firm's real estate deals include Four Seasons Maui, Fairmont Miramar, and The Boca Raton.