This grand estate, located in Redding, CT, belongs to Jerrold N. Fine and Sally A. Fine. Jerrold Fine is the Chairman and Founder of Charter Oak Private Equity, L.P. Charter Oak Private Equity was founded as Charter Oak Partners by Chairman Jerrold Fine in 1976. Charter Oak Partners still exists as a hedge fund manager focused on long/short equity.
Oak Private Equity targets small and middle-market companies. Its investment vehicles, Charter Oak Capital Partners, Charter Oak Equity, and Charter Oak International Partners, invest in the health care, chemicals, consumer products, and industrial manufacturing industries. Investments include Daisy Manufacturing (the air rifle maker) and Aylward Enterprises (pharmaceuticals packaging). The company's Revere Industries holds several of its industrial manufacturing companies. Some of Charter Oak's competitors are: AEA Investors, The Blackstone Group, and Leonard Green.
This bungalow-style home is one of the top three most expensive homes in the town of Redding, Connecticut, at the appraised value of $10,837,500, according to property records. The home sits on a property that has a total of 164 acres. This parcel falls under public act 490. Any parcels under public act 490 will have a much lower assessed value than 70%. The living space of the mansion measures to be 11,077 square feet. There are 6 bedrooms, 7 full bathrooms, and 1 half bathroom. The home also has 7 fireplaces. The property was once an old farm.
Mr. Fine's summer home in Nantucket, MA is also featured on this site.
Links: biz.yahoo.com, www.bloomberg.com, www.charteroakpartners.com, www.muckety.com, www.whartonny.com