TowerBrook spun out of Soros Fund Management in 2005[5] and became known for acquiring majority stakes in companies such as Jimmy Choo.

[9] In April 2005,[5] Moszkowski and Sousou spun out SPEP from Soros Fund Management to establish TowerBrook Capital Partners in New York and London.

"[11] The fund's first deal was in 2009, when TowerBrook acquired 60% of Autodistribution Group for $139 million,[20] selling the stake six years later to Bain Capital.

[21] In 2009, TowerBrook founded Haymarket Financial, or HayFin, initially as a corporate lender for small and medium businesses.

Investors, including Sunseeker, Ronald Mourad Cohen, Lord Rothschild, and Future Fund, invested a total of $580 million in HayFin in September 2010, raising the lender's equity to about €1 billion.

[42] In March 2016, TowerBrook sold the majority of Van Geloven, a Dutch snack maker it had acquired the previous year, to McCain Foods.

[45][46] The firm completed eight investments in 2017,[46] including purchasing 47% of the aerospace company Aernova[47] and acquisition of loyalty services business Rewards Network.

[49] Several months later, True Religion filed for bankruptcy protection, stating that TowerBrook would "swap debt into equity, handing them majority control.

[45][46] In 2018 and 2019, TowerBrook made significant investments in Validity Finance,[52] GBA Group,[39] Orchid Underwriters[53] and Studio Movie Grill.

[45] TowerBrook's website states that its private equity strategy is "based on the focused, proprietary sourcing of selected, control-oriented" investments[58] in large and midsize companies,[45] where the firm has “identified scope for significant further improvement and value creation.

[58] The firm is led by its founders, Neal Moszkowski, and Ramez Sousou, who are its co-chairs and co-CEOs,[14] and are based in New York and London, respectively.

[10] TowerBrook's 23-member senior advisory board includes David J. Barger, Daniel Bernard, Anne Bouverot, Dave Checketts, Andrew Feldman, Trevor Fetter, Alan Fishman, Reuben Jeffery III, Marwan Lahoud and Gareth Penny.