After an expansion into Canada in 1995 and 1996, Grayken pursued the launch of a global platform for Lone Star in 1997. Since then, Lone Star has invested extensively in North America, Europe and East Asia. Lone Star invested primarily in East Asia, including Japan, Korea, Indonesia and Taiwan, following the Asian financial crisis in the late 1990s. In the mid-2000s, following the establishment of the Eurozone, Lone Star increased its investment focus in Europe. And with the onset of the global financial crisis, from 2007 Lone Star was again actively investing in the U.S.