Private Equity
Monitor Clipper Partners (MCP), the Boston-based mid-market specialist with $2 billion of investments under its belt, has raised $135 million for its first close for Monitor Clipper Equity Partners IV LP, according to a personal familiar with the firm.
2 min read · 18 March 2014
Strategic Investment Group, a fund of funds backed by Friedman, Fleischer & Lowe, has closed on $150 million for Strategic Private Equity Fund IV LP, about 18 months after its first public filing for the effort, according to filings with regulators.
1 min read · 17 March 2014
With interest in secondary deals running strong, The Blackstone Group pushed up the target for Strategic Partners Fund VI to $3.5 billion, $600 million more than the fund’s predecessor, with the Pennsylvania Public School Employees’ Retirement System pledging $150 million for its tenth commitment to the fund family.
2 min read · 17 March 2014
Lower mid-market specialist LLR Partners has closed LLR Equity Partners IV LP with $950 million in commitments, including $200 million from long-time limited partner Pennsylvania Public School Employees’ Retirement System.
2 min read · 17 March 2014
2 min read · 17 March 2014
Sorenson Communications Inc, a portfolio company of GTCR and Madison Dearborn that provides video relay services to the hearing impaired, expects to exit bankruptcy in about two months as it grapples with a downturn in payments from the Federal Communications Commission.
2 min read · 13 March 2014
New Jersey Treasurer Andrew Sidamon-Eristoff has named Christopher McDonough as director of the Garden State’s division of investment to lead a team that overseas $87 billion in assets, including private equity investments.
2 min read · 12 March 2014
2 min read · 12 March 2014
Fund-of-funds manager Pathway Capital Management has raised $700 million for Pathway Private Equity Fund XXV from two investors, according to a recent regulatory filing.
2 min read · 12 March 2014
Valor Equity Partners, the Chicago-based buyout firm currently in the market to raise Fund III, disclosed a value greater than $75.9 million for its investment in Elon Musk’s Space Exploration Technologies, or SpaceX, according to a public document.
3 min read · 11 March 2014
