Tennenbaum Capital Partners has secured over $330 million in capital commitments for its first fund focused on debtor-in-possession (DIP) financing.
3 min read · 10 November 2009
Chef Solutions Holdings LLC (a.k.a. Orval Kent), a Wheeling, Ill.-based manufacturer of fresh prepared foods for retailers and food service accounts, has raised $24 million from Mistral Equity Partners.
3 min read · 10 November 2009
1 min read · 10 November 2009
1 min read · 10 November 2009
Norvestor has agreed to sell Intelecom Holding AS, a Norway-based provider of communications solutions in Western Europe, to Carrot Communications AS. No financial terms were disclosed. Norvestor acquired Intelecom in December 2008, taking it private from the Oslo Stock Exchange. This represents the first exit for Norvestor's fifth fund.
2 min read · 10 November 2009
Louis de Saint-Marcq has joined placement agent Capstone Partners as an associate partner in the firm's European office. He previously was in the London office of Goldman Sachs as an executive director of equities.
1 min read · 10 November 2009
1 min read · 10 November 2009
Lee Scott, former president and CEO of Wal-Mart, has joined Solamere Capital as an operating partner and member of the firm's investment committee. He had joined Wal-Mart in 1979 as an assistant director in the company's logistics division, and served as president and CEO for nine years until leaving this past February.
2 min read · 10 November 2009
1 min read · 09 November 2009
1 min read · 09 November 2009