Wellspring Capital Partners’ fifth buyout fund is targeting $1.3bn for US mid-market investments and is expected to close this month.
1 min read · 05 January 2013
European partner Crevan O’Grady, a 13-year veteran of the firm, has transferred to New York from London.
1 min read · 05 January 2013
The firm has named former executive director and co-founder of Blenheim Advisors Samer Cortas as a principal in London.
1 min read · 05 January 2013
Quadrangle co-founder Steve Rattner said in an online interview that his involvement in the New York state pension pay-to-play scandal investigation has been the most painful event of his career.
2 min read · 05 January 2013
Five new portfolio companies have joined KKR's Green Portfolio Programme. The firm has also joined CSR Europe, a business network focused on corporate responsibility.
2 min read · 05 January 2013
The mid-market firm has agreed to sell a controlling stake in digital tax preparation company 2nd Story Software. TA became a majority shareholder in 2nd Story after completing an $85m recapitalisation of the company in 2004.
1 min read · 05 January 2013
Alan Hevesi pleaded guilty Thursday to a felony charge for his involvement in the New York State Common Retirement Fund pay-to-play scandal. Hevesi is the seventh individual to plead guilty in attorney general Andrew Cuomo’s ongoing pension fund investigation.
2 min read · 05 January 2013
Los Angeles-based Black Canyon Capital and New York-based Bruckmann, Rosser, Sherrill & Company and have generated a roughly 50% IRR on their investment in Logan’s Roadhouse.
2 min read · 05 January 2013
The New York-based firm has purchased a controlling stake in the healthcare ratings organisation at a price of $8.20 per share.
1 min read · 05 January 2013
The pension is severing its ties with Pacific Corporate Group and has enlisted Capital Dynamics to manage CalPERS' $480m Clean Energy & Technology Fund.
2 min read · 05 January 2013
