Private Equity
With regulators moving to curb certain impacts of the Volcker Rule, hopes are rising that they also may act to reduce certain limitations on collateralized loan obligations.
4 min read · 16 January 2014
Buyout shops took advantage of low interest rates and eager lenders in 2013, scoring a record $14 billion of dividend recapitalizations in the middle market, sister service Thomson Reuters Loan Pricing Corp reported.
2 min read · 14 January 2014
Coming out of the Great Recession in 2009, with a fresh $1.5 billion fund to work with, the housing market looked attractive to Charlesbank Capital Partners LLC, a Boston-based buyout shop that in 1998 spun out of Harvard Management Company.
5 min read · 13 January 2014
A growing number of buyout shops are adopting dedicated financial management technology to manage various aspects of their operations. A key reason, says Denise Valentine, an analyst at the research firm Aite Group LLC of Boston, has less to do with the Dodd-Frank financial reform law or their role as registered investment advisers and more to do with institutional credibility.
2 min read · 13 January 2014
Kohlberg Kravis Roberts & Co announced Thursday that it had closed its first fund dedicated to distressed assets, market dislocations, and other complex situations.
2 min read · 09 January 2014
Great Hill Partners has raised nearly $494 million for its fifth buyout fund, according to a regulatory filing. Boston-based Great Hill Partners, which focused on growth companies, has attracted 54 investors to Great Hill Equity Partners V LP, the filing showed.
2 min read · 07 January 2014
Falconhead Capital LLC has scored a 3x return on its its invested capital in its exit from NYDJ Apparel LLC, a deal that closed on Monday, according to a person familiar with the transaction.
3 min read · 06 January 2014
A single cash infusion has brought fund-of-funds manager Abbott Capital Management LLC halfway to its goal for its third dedicated buyout fund.
2 min read · 02 January 2014
Maranon Capital LP continues to recharge its lending capacity. The Chicago leveraged lender has closed on $107.5 million for it sophomore mezzanine fund, according to regulatory filings, two months after the firm raised $330 million for its second senior credit fund.
2 min read · 02 January 2014
Distressed debt and aviation finance investor Castlelake LP, which separated itself in August from long-time buyout affiliate TPG Capital, has topped the $500 million mark for its first fund as an independent investment shop, according to a regulatory filing.
2 min read · 31 December 2013
