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Gates Capital Partners is a family office division for the Gates Family of Colorado, Gates Capital Management, a private family office, serves a coordinating role, but individual operations are managed under individual boards and management teams. The Gates family builds on its long tradition of growing private companies by investing with the world's top investment managers. The family's story begins when Charles C. Gates, Sr. arrived from Michigan in 1904 to work in the gold mines. In 1918, Gates and his brother John formed The Gates Rubber Company. In August 1996, the firm's core rubber business was merged into Tomkins plc, a British firm, in a transaction valued at $1.1 billion, ending 85 years of family ownership. The family retained its non-rubber businesses and consolidated them under the Cody brand. Cody focuses on real asset investments through the following operations: Hat Creek Energy (oil and gas); Cody Land and Water (water rights development); A-Bar-A, Big Creek and Stateline (ranching); and select real estate properties. While most investments are long term, Cody may sell and reinvest when market conditions generate significant returns, as they did in 2001, when Cody sold Cody Energy to Cabot Oil & Gas for $225 million. Headquartered in Denver, Cody's operations are located across the country. The family takes business, investment, community commitments and family education seriously. The Gates Family Foundation has given more than $250 million in grants, enhancing the lives of Colorado citizens.
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