The Californian firm has closed its first institutional fund, which will make microcap investments in family owned business in the Western US.
2 min read · 04 January 2013
Moelis & Co. has held a $1.8 billion first close on its new fund, just five months after founder Ken Moelis left his position as head of investment banking for UBS.
1 min read · 04 January 2013
Catalyst Investors has closed its second buyout fund and a UK co-investment vehicle on $170 million, below their initial target of $250 million.
2 min read · 04 January 2013
The Carlyle Group has hired Ellen Gonda, formerly a financial communications director at PR firm Brunswick Group, to lead its public relations efforts in North and South America. It is part of a larger expansion that will double the size of Carlyle’s global communications department.
2 min read · 04 January 2013
The Essex Regional Massachusetts Retirement Board wants to begin investing in private equity, and is seeking an advisor for an $8 million fund of funds programme.
1 min read · 04 January 2013
Sun Capital's public securities arm has offered $544 million for apparel marketer Kellwood.
1 min read · 04 January 2013
DISH Network operator EchoStar has paid $380 million to acquire Sling Media from its venture capital backers including Goldman Sachs, Allen & Company, DCM and Mobius Venture Capital.
2 min read · 04 January 2013
The US firm is reportedly preparing to sell its stake in the bank to Japanese private equity firm Advantage Partners for an estimated $1.7 billion.
2 min read · 04 January 2013
Vikram Pandit, a fund of funds entrepreneur and former Morgan Stanley executive, will lead Citi’s newly combined alternative assets and investment banking units, making him a direct report to chairman Chuck Prince.
2 min read · 04 January 2013
Columbia Capital, M/C Venture Partners, Oak Investment Partners, Battery Ventures and Centennial Ventures have committed $225 million in Series A funding for Zayo Bandwidth, a fiber-based network operator.
2 min read · 04 January 2013
