Fortress Investment Group is Washington State Investment Board’s top-performing, buyout-related fund manager returning to market this year. The fund manager features in first and fourth place with its 2002 vintage Fortress Investment Fund II LLC posting an IRR of 36.03 percent and its 2000 vintage Fortress Investment Fund LP posting an IRR of 25.65 percent, according to performance data as of June 30, 2013.
2 min read · 15 January 2014
The Riverside Company has expanded its Paradigm Tax Group platform with two acquisitions in key markets. The new acquisitions are AVS Tax and Hart Property Consultants.
2 min read · 15 January 2014
Maxcess International Corporation, a provider of automation instrumentation solutions and systems utilized in complex continuous web-fed converting lines has been sold to Bertram Capital. Harris Williams & Co. acted as the exclusive financial advisor to Maxcess, a portfolio company of Merifin Capital and Windjammer Capital Investors.
4 min read · 15 January 2014
Suja Juice has received a minority growth capital investment from consumer-focused private equity fund Alliance Consumer Growth. ACG joins existing investor Boulder Brands Investment Group, which previously made a minority investment in Suja in 2013.
3 min read · 15 January 2014
Genii Capital has appointed Andrew Ruhan as a partner. This appointment will enable Genii to strengthen and broaden its reach in the real estate, oil and gas, automotive and financial services sectors.
3 min read · 15 January 2014
LeapFrog Investments has taken a stake in Petra Trust. The business is a pension trustee company based in Ghana.
3 min read · 15 January 2014
Midweek First Read brings you Altamont's target for its second fundraising, Hony Capital eyeing up United Biscuits and whether there's a bubble waiting to burst in venture capital.
1 min read · 15 January 2014
Intellinote, a cloud-based Workforce Operations Management solution has completed a $4.3 million Series A funding round. The financing was led by investors Grotech Ventures and Boulder Ventures.
3 min read · 14 January 2014
Main Street Hub has closed a $14 million Series B equity financing round led by Bessemer Venture Partners with participation from existing investors, including Harrison Metal Capital. The funding will be used to further develop Main Street Hub’s technology and content operations and to expand its sales presence in Austin, San Francisco, New York and Los Angeles.
4 min read · 14 January 2014
Zachary Prell, a contemporary sportswear brand for men, has raised $15 million in a Series A financing round from TAL Group. The New York City-based menswear brand previously raised seed financing from angel investors. As part of the Series A round, Roger Lee, CEO of TAL Group, has joined the company’s board of directors.
3 min read · 14 January 2014
