Private Equity
3 min read · 24 October 2012
In the latest "Inside the Deal" column in Buyouts Magazine, Béla Szigethy and Stewart Kohl, co-CEOs of lower-mid-market buyout shop The Riverside Company, give some advice on exit strategy based on their 24 years of experience.
3 min read · 03 October 2012
Trivest Partners, the Miami shop that provides an S-class Mercedes Benz to brokers who bring it platform deals, has closed its fifth and largest buyout fund at $415 million after a four-month fundraise, finishing well above the $325 million target. A source close to the fund said that, despite the crowded fundraising market, the firm “had interest well in excess” of the amount it took in for Trivest Fund V LP.
2 min read · 28 September 2012
While all for aligning their interests with those of limited partners, buyout pros will have to hope that the exceptionally LP-friendly partnership terms offered by Public Pension Capital Management don’t spread too broadly.
3 min read · 26 September 2012
Though eager to show job creation during his term, President Barack Obama didn’t mention the SBIC program or the Small Business Administration that administers it in accepting the Democratic nomination for president last week.
4 min read · 12 September 2012
You don’t need a bulldozer to unearth success stories involving job creation in the small business investment company program, through which the government provides low-cost debt financing to mezzanine firms and buyout shops. But though ostensibly in need of promoting such stories, President Barack Obama didn’t mention the SBIC program or the Small Business Administration that administers it in accepting the Democratic nomination for president earlier this month.
4 min read · 12 September 2012
The economy may be soft, but private equity is still doing plenty of hiring, according to Solveigh Marcks, managing director of New York-based executive recruitment firm The Denali Group.
2 min read · 11 September 2012
The 2006 and 2007 vintage years have been unkind to buyout funds–and in particular to the mega-funds of $5 billion or more. Yet sources close to the firms managing some of the poorest performing of these giant pools say they’ve made lemonade out of the lemons they were handed.
4 min read · 29 August 2012
Institutional investors often say they have trouble gaining access to top-quartile private equity firms. It suggests there exists a pantheon of repeat performers while the rest are condemned, fund after fund, to the lower ranks. But analysis of this year’s Buyouts fund returns database pokes holes in that notion.
2 min read · 27 August 2012
2 min read · 24 August 2012
