I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
Rohina Bhandari was killed by a shark scuba diving off the coast of Costa Rica, the New York Daily news reported Dec. 3. Bhandari, 49, was a senior director at WL Ross & Co LLC, according to her LinkedIn page. “We were saddened to learn of the death of our friend and colleague Rohina,” Jeaneen Terrio, an Invesco spokeswoman, said in an email. “We ask that everyone respect the privacy of her family during this difficult time.”
1 min read · 04 December 2017
3 min read · 01 December 2017
Clearlake Capital Group LP said Nov. 30 that it has partnered with Bill Moses to launch Disruptive Brands, a platform that will invest in better-for-you food and beverage brands. Moses will serve as CEO and co-chairman of Disruptive Brands. Moses is the ex-chairman and CEO of KeVita Probiotic Drinks.
3 min read · 30 November 2017
Amherst Holdings LLC said Nov. 29 that it has closed the sale of 3,465 single family rental properties to Altisource Residential for $534.9 million. Amherst Single Family Residential will remain the property manager for the 3,465 properties through its subsidiary, Main Street Renewal LLC. Amherst received legal counsel from Skadden, Arps, Slate, Meagher & Flom LLP and Mayer Brown LLP.
4 min read · 30 November 2017
Platte River Equity said Nov. 29 that Andrew J. Gustin has joined the firm as a principal, head of business development. Gustin was previously with Hammond, Kennedy, Whitney & Company Inc.
1 min read · 30 November 2017
Anchorage Capital Partners said Nov. 30 that its third institutional fund closed on 350 million Australian dollars ($264.7 million). Anchorage Capital Partners Fund III seeks to invest in special situations, making controlling controlling investments in Australasian and Southeast Asian businesses. MVision Private Equity Advisers acted as the placement agent for Anchorage. Minter Ellison acted as legal adviser and Ernst & Young served as tax adviser to Anchorage.
3 min read · 30 November 2017
Deposit Solutions said Nov. 30 it raised a $20 million funding round led by existing shareholders e.ventures and Greycroft. Deposit Solutions, of Hamburg, Germany, provides an open banking platform for deposits.
3 min read · 30 November 2017
Catalyst Investors has promoted Susan Bihler to partner. Bihler, who joined Catalyst in 2009 and was most recently a principal, is responsible for sourcing and executing investment opportunities in software, healthcare and business services sectors.
2 min read · 29 November 2017
Spanos Barber Jesse & Co has recapitalized Under Canvas Inc. Financial terms weren’t announced. Under Canvas, of Bozeman, Montana, provides luxury canvas tent accommodations and outdoor experiences for travelers.
3 min read · 29 November 2017
KKR said Nov. 29 that its Health Care Strategic Growth Fund has closed on $1.45 billion. KKR will invest more than $265 million in the pool, alongside external investors. KKR Health Care Strategic Growth Fund expects to make equity investments of up to $100 million; it will focus on sectors including clinical / technological innovation, cost containment, and consolidation of therapeutic offerings or care providers.
3 min read · 29 November 2017
