Private Equity
Behrman Capital has completed a $410 million refinancing for its portfolio company ILC Industries. The new credit facility is comprised of a $300 million first lien term loan, a $30 million revolving credit facility, and an $80 million second lien term loan.
2 min read · 22 July 2014
Pamlico has backed DayNine Consulting. DayNine is a global Workday services partner. The business deploys and optimizes Workday Human Capital Management, Workday Payroll, Workday Financial Management, and Workday Recruiting for businesses of all sizes.
3 min read · 22 July 2014
Guardian Capital Partners has raised $87.1 million for Guardian Capital Partners Fund II, over halfway towards its specified target of $150 million.
1 min read · 22 July 2014
UK-based NorthEdge Capital has announced two promotions. Tom Rowley has become investment director and Phil Frame is investment manager.
2 min read · 22 July 2014
Baring Private Equity Asia has acquired a stake in UK-based global lifestyle brand company, Cath Kidston, from its existing majority shareholder TA Associates and members of the company’s management team. Baring Asia will have equal ownership with TA.
3 min read · 22 July 2014
Technology investor Mercia Fund Management has backed InoCardia, a UK-based Coventry University spinout providing drug screening services. Mercia Fund Management’s investment will fund the development and commercialisation of a pre-clinical drug testing service for pharmaceutical organisations.
4 min read · 22 July 2014
This Tuesday morning First Read brings you news of Blackstone's great Hilton gain and its Patria fund surpassing target, how familiarity breeds in the alternative investment world, Nevada's venture bets and Illinois State Board of Investment recruitment.
1 min read · 22 July 2014
On the jobs board this week are associate, chief executive officer, vice president and private equity fund manager positions at Caymus Equity Partners, IFC, Northern Trust and SamCERA.
1 min read · 21 July 2014
XMOS has completed a $26.2 million Series D round. Strategic investors joining the round included Robert Bosch Venture Capital of Germany, Huawei Technologies, a global information and communications technology solutions provider and Xilinx Technology Ventures, the investment arm of Silicon Valley-based Xilinx.
1 min read · 21 July 2014
European venture capital firm ACTIVE Venture Partners has appointed two new team members. Sebastian Blum joins as partner and Georg Stockinger has been appointed as venture advisor.
4 min read · 21 July 2014