Private Equity
Summit Partners, the Boston-based growth-equity firm, is developing a taste for standalone credit investing, raising almost double the amount for its sophomore debt fund as it had for its inaugural pool.
2 min read · 22 July 2014
New York-based private equity firm Sycamore Partners LP announced that it has raised $2.5 billion for its second fund.
2 min read · 30 June 2014
First Reserve Corp, the Greenwich, Connecticut-based energy industry specialist, has announced the final close of its sophomore infrastructure fund.
2 min read · 24 June 2014
Leeds Novamark Management LLC has closed its inaugural senior and subordinated debt fund at more than $236 million, above its $225 million target, the firm announced.
1 min read · 24 June 2014
Two executives at Madison Capital Funding LLC, the middle-market senior loan and equity co-investment arm of New York Life, have left the firm to join Ares Management LLC, according to two sources.
2 min read · 21 March 2014
1. You are one of the founding partners of Paine and Partners. How did the firm evolve form being a general buyout shop to having a specialization in food and agribusiness?
3 min read · 17 March 2014
One difficulty in raising capital is the inefficiency of the private fund marketplace, said Dan Vene, the chief executive of iCapital Network, a fledgling website that seeks to provide a matchmaking service—and more—to firms and their investors.
3 min read · 10 March 2014
1. You recently floated $250 million of unsecured notes, one of the first business development companies to take this route. What does this mean for you?
3 min read · 04 March 2014
LS Power Equity Advisors LLC has closed its third energy fund at its $2.075 billion hard cap, exceeding its target of $1.5 billion, the firm announced Wednesday.
2 min read · 26 February 2014
Just 19 months after taking the company private, buyout shop One Equity Partners appears to be poised to default on a $515 million financing package for portfolio company MModal Inc.
3 min read · 24 February 2014
