Luisa Beltran

TPG Real Estate Fund II raises over $2 bln

TPG Real Estate said Wednesday that its second fund closed with over $2 billion of equity commitments. Investors of TPG Real Estate Partners II include public and private pension funds, sovereign wealth funds, insurance companies, and other institutional investors. TPG Real Estate is the real estate arm of TPG.

H.I.G. buys T-Bird Restaurant Group

H.I.G. Capital LLC has completed its buy of the T-Bird Restaurant Group Inc. Financial terms weren’t announced. La Jolla, California-based T-Bird is the exclusive franchisee of Outback Steakhouse for the state of California, operating 63 stores across the state.

Pearl Energy, NGP commit $125 mln to Wild Wind Petroleum

Pearl Energy Investments LP and Natural Gas Partners have committed $123 million to the launch of Wild Wind Petroleum Inc. The company will focus on the acquisition of oil and gas assets in various regions of Western Canada for the purpose of development and exploitation.

Rowe joins D.A. Davidson & Co.

Brien Rowe has joined D.A. Davidson & Co.’s investment banking team as an MD in its consumer and retail sector. Rowe was previously with Intrepid Investment Bankers and earlier co-founded The Sage Group LLC.

CD&R to exit PharMEDium Healthcare in $2.575 bln sale

AmerisourceBergen said Tuesday that it has agreed to buy PharMEDium Healthcare Holdings Inc. for $2.575 billion in cash, subject to certain adjustments. Clayton, Dubilier & Rice is the seller. Lake Forest, Illinois-based PharMEDium provides outsourced compounded sterile preparations (CSPs) to acute care hospitals. Morgan Stanley & Co. LLC acted as financial advisor to AmerisourceBergen while J.P. Morgan Securities LLC and Credit Suisse advised PharMEDium.

Partners Group buys Pacific Bells, World Wide Wings

Partners Group said Tuesday it acquired a majority stake in companies, Pacific Bells and World Wide Wings. Financial terms weren’t announced. The founders and management team have retained a significant stake following the transaction, which closed on Oct. 2. The Companies are leading franchisees of the Taco Bell and Buffalo Wild Wings brands and operate 139 restaurants across five US states.

Code42 raises $85 mln

Code42 said Tuesday it raised $85 million in Series B funding led by new investors JMI Equity and New Enterprise Associates Inc. Existing investors Accel and Split Rock Partners also participated in the financing. Minneapolis-based Code42 is an enterprise SaaS provider of endpoint data protection and security to businesses. Code42’s total funding comes to more than $137 million.

Rosenberg named CEO of Rodin Therapeutics

Adam J. Rosenberg was named CEO of Rodin Therapeutics and will also be appointed the company’s board. Rosenberg most recently served as co-founder, director and CEO of Teleos Therapeutics. Atlas Venture and Proteros Biostructures co-founded Rodin, a biotechnology company that aims to discover and develop therapeutics for cognitive disorders, in 2013.

Scotland named Managing Director of Bayside Capital

H.I.G. Capital said Tuesday that Andrew Scotland was promoted to Managing Director of Bayside Capital. Scotland joined H.I.G. in 2013 as a Principal. Bayside is the distressed debt and special situations affiliate of H.I.G.

Monroe Capital backs Holley Performance's buy of MSDP

Monroe Capital LLC provided a loan to support Holley Performance Products Inc.’s buy of MSDP Group. El Paso, Texas-based MSDP provides automotive aftermarket performance and tuning technology. Holley Performance Products is a portfolio company of Lincolnshire Management Inc.