Private Equity
Monroe Capital LLC is suing Warren Woo, a former managing director, for allegedly stealing information to help launch a rival firm, Breakaway Capital. In a response last week Woo called the suit a “direct retaliation” for his complaints about management and said the firm knew of his desire to leave for several months.
4 min read · 30 June 2014
Sentinel Capital and TriArtisan Capital Partners appear to be making a rather low, 25 percent equity contribution to their purchase of retstaurant chain TGI Fridays, a calculation shows.
2 min read · 12 June 2014
Spectrum Equity has made it official. The growth equity firm is looking to raise $800 million with its seventh fund, according to a source and an SEC filing.
2 min read · 11 June 2014
Shore Capital Partners needed only 30 days to close its debut institutional fund, which collected $112.5 million.
2 min read · 05 June 2014
A trio of buyout investor relations professionals, including First Reserve’s Christopher Pietersen, has switched jobs.
2 min read · 05 June 2014
Hellman & Friedman, which has been expected to begin marketing its latest pool, will nearly double its money with the sale of Internet Brands, sister website peHUB has learned.
2 min read · 04 June 2014
Lindsay Goldberg, which is in the market raising its fourth fund, has reportedly put First American Payment Systems up for sale again, sister news service peHUB reported.
2 min read · 20 February 2014
Lovell Minnick Partners is out fundraising for its fourth fund, three sources told sister news service peHUB.
2 min read · 31 January 2014
J.C. Flowers & Co, the once powerful financial services-focused firm, has lost another executive, sister news service peHUB reported.
2 min read · 28 January 2014
It’s official. Thomas H. Lee Partners, which is talking to investors about its next fund, is taking Party City public less than two years after buying the company, sister news service peHUB reported.
2 min read · 23 January 2014
