Today read all about JP Morgan's PE sale talks, Riverside's first non-control credit fund and Level Equity raising its second growth fund.
1 min read · 20 November 2013
This week peHUB highlights positions at 3i, Goldman Sachs, Hudson Clean Energy Partners, JP Morgan, North Atlantic Capital and PIMCO.
1 min read · 19 November 2013
Brennan Investment Group and DLJ Real Estate Capital Partners have acquired approximately 8 acres of land at 1780 Birchwood Avenue in Des Plaines, IL for a development project in Chicago's O'Hare submarket. The partnership will construct the Northeast O'Hare Industrial Center - a state-of-the-art warehouse and distribution building totaling approximately 140,000 square feet, featuring 32' clear height, ample loading, trailer parking, and auto parking.
3 min read · 19 November 2013
Thoma Bravo has signed a definitive agreement to invest in Segall Bryant & Hamill, an independent, employee-owned, investment management firm based in Chicago with more than $9 billion in assets under management. Financial terms were not disclosed.
3 min read · 19 November 2013
The East Capital Financials Fund sold its 23.7 percent stake in PT Platinum Ltd, the holding company which owns 100 percent of Platinum Bank in Ukraine. The sale realised a total cash on cash return of 28.5% for the fund in euro terms since original investment in 2007. The buyers of ECFF’s stake were a group of financial investors, including European Infrastructure Investment Company.
2 min read · 19 November 2013
Tuesday morning brings news of Littlejohn's latest fundraising, the biotech class of 2013, BDCs tapping venture lending for growth and Capita's chief exec returning to private equity.
1 min read · 19 November 2013
The Royal London Group has entered in to an agreement with private equity firm Vitruvian Partners to support a management-led buyout of Royal London 360° and its subsidiaries for an undisclosed sum. The RL360° executive management team, led by chief executive David Kneeshaw, will remain unchanged. Following completion, the company will be re-branded RL360°.
5 min read · 18 November 2013
Stratasys has entered into a credit agreement with Bank of America for a five year revolving credit facility of up to $250 million. The company has the right to request increases in the facility of up to an aggregate of $75 million, subject to the agreement of the lenders and certain other conditions.
4 min read · 18 November 2013
Argos Soditic and management have acquired Cisbio Bioassays. The biotechnology company specialises in products and services for human in vitro diagnostics and pharmaceutical research.
3 min read · 18 November 2013
A consortium led by Russia’s leading investment bank VTB Capital, including TPG Holdings and China Investment Corporation, international developer AIG/Lincoln, and Coalco Development have completed their sale of White Gardens, a class A office center in Moscow, to Millhouse. The deal was facilitated by Jones Lang LaSalle.
4 min read · 18 November 2013
