Private Equity
Two former partners of Austin Ventures have set up their own Austin-based private equity firm, Tritium Partners, to take majority stakes in Internet, media, supply chain, business services and financial services companies that are growing fast or have the potential to do so, Buyouts has learned.
2 min read · 30 January 2014
Pantheon, the fund-of-funds manager, has raised €504 million ($688.6 million) for a separate account managed on behalf of client Bayerische Versorgungskammer. BVK is the largest public pension manager in Germany.
2 min read · 29 January 2014
2 min read · 21 January 2014
Falcon Investment Advisors has taken in $909.7 million for the fourth in its family of mezzanine funds, handily beating its $850 million target.
2 min read · 21 January 2014
Castanea Partners, a mid-market firm that backs companies with strong consumer brands, and which scored a roughly 8x return on make-up company Urban Decay, is out raising a fourth fund, according to two sources familiar with the effort.
2 min read · 21 January 2014
John Kim is stepping down as a partner at Court Square Capital Partners to join Kelso & Co., a New York buyout shop that appears to be gearing up to raise a new fund.
1 min read · 17 January 2014
Sarah Sandström has stepped down as a partner at placement agency Atlantic-Pacific Capital to join Lazard.
2 min read · 17 January 2014
The advisory business has been a tough place to grow over the last few years as the institutional do-it-yourself movement gained momentum. But via a prescient bet on separate accounts before they became all the rage, and recent acquisitions, StepStone Group LP has a big head of steam.
3 min read · 16 January 2014
So much academic research demonstrates what you long suspected. And a new paper showing that interim fund performance influences whether a firm can raise a subsequent fund, as well as the size of that subsequent fund, is no exception.
2 min read · 07 January 2014
Have-nots, zombie funds, bottom-quartile performers. These are the labels sponsors desperately tried to avoid in the post-crisis years. Now that a fundraising recovery is in full flower, some sponsors are being showered with a more positive set of labels. One-and-done funds, premium-carry firms, rock stars.
7 min read · 23 December 2013
