Private Equity
Aberdare Ventures said Tuesday that Mohit Kaushal has joined the firm as a partner. He will focus on Aberdare’s investments in technologies and services that will drive healthcare efficiency. Kaushal was most recently West Health's chief strategy officer and EVP of business development.
2 min read · 16 April 2013
Quantum Energy Partners has formed Jagged Peak Energy with the former executive leadership team of Ute Energy. Denver-based Jagged Peak will engage in the acquisition, development, and exploration of oil and gas assets, primarily focusing on resource plays in select North American basins. Quantum, along with members of the management team, have committed more than $400 million to Jagged.
2 min read · 16 April 2013
Haystax Technology, which is backed by Edgewater Funds, has acquired Digital Sandbox. Financial terms weren't announced. McLean, Va.-based Digital Sandbox provides threat and risk analysis and monitoring software in the National Security and Homeland Security fields.
3 min read · 16 April 2013
After three years, the Blackstone Group could more than double its money between realized and unrealized gains when SeaWorld Entertainment goes public later this week.
2 min read · 16 April 2013
Gryphon Investors has completed the sale of TrustHouse Services Group, a Charlotte, N.C.-based contract food service provider, to Elior SCA. Financial terms weren't announced. Gryphon invested in TrustHouse in 2008. The sale to Elicor was announced in March.
2 min read · 16 April 2013
StepStone Group said Tuesday it closed its secondary private equity fund at $450 million. StepStone Secondary Opportunities Fund II LP exceeded its original target of $350 million and closed at the hard cap. Together with allocated capital from separately managed accounts, StepStone has raised approximately $650 million for a focused and differentiated strategy within the secondaries market.
2 min read · 16 April 2013
Kevin McNamara has joined Health Evolution Partners as an operating partner. McNamara is a founding principal of McNamara Family Ventures, a family investment office providing venture and growth capital to health care companies.
3 min read · 16 April 2013
Wayne Kawarabayashi has joined Union Square Advisors as a partner in the firm's New York office. Kawarabayashi was most recently an MD of M&A at Barclays.
2 min read · 16 April 2013
Tengram Capital Partners has collected $173 million for its first institutional fund. Fund I's target was $150 million, according to a statement. Mt. Vernon Group and Triple A Partners were placement agents for the pool while White & Case was fund counsel. Founded in 2010, Westport, Conn.-based Tengram targets middle market consumer and retail companies.
3 min read · 16 April 2013
Jeremy Dickens has joined Shearman & Sterling's private equity practice as a partner in New York. Most recently, Dickens was a member of the private equity practice at Weil, Gotshal & Manges where he was co-founder and co-head of its global capital markets practice.
3 min read · 15 April 2013
