Aberdeen Asset Management continues to look for acquisition opportunities to continue its global build-out of its investment platform that includes private equity, hedge funds and venture capital, an executive at the London firm said recently.
2 min read · 11 September 2015
Cinven is readying a formal fundraising effort this fall for its sixth flagship fund, targeting about $5.5 billion with about half of the commitments expected to come from U.S. limited partners seeking access to European buyouts, according to two sources familiar with the firm.
2 min read · 11 September 2015
BP Energy Partners, the Dallas firm sponsored by energy investor T. Boone Pickens, closed on $146 million out of a $500 million target for BP Natural Gas Opportunity Partners, during a time of lower energy prices, according to a filing.
2 min read · 11 September 2015
Cinven is readying a formal fundraising effort this fall for its sixth flagship fund, targeting about 5 billion euros ($5.5 billion) with about half of the commitments expected to come from U.S. limited partners seeking access to European buyouts, according to two sources familiar with the firm.
2 min read · 10 September 2015
Goodwin Procter is looking for more private equity legal talent in San Francisco after growing its Bay Area office to more than a dozen senior staffers in the past couple of years.
2 min read · 09 September 2015
Wilton Holdings, backed by TowerBrook Capital Partners and GTCR, completed a $514 million exchange of holding company payment-in-kind (PIK) notes into preferred equity, earning the craft supply company an upgrade from Standard & Poor’s Rating Service. But the company faces challenges down the road with its projected debt load of $1.3 billion, S&P noted.
2 min read · 09 September 2015
Bain Capital paid an undisclosed sum for a minority stake in Sundial Brands with former Massachusetts Governor Deval Patrick taking part in the deal as he transitions from public life to a private equity rainmaker at the Boston firm.
2 min read · 08 September 2015
Summit Partners is raising $3 billion for its ninth middle-market fund, 11 percent more than it did for a predecessor fund four years ago, according to regulatory documents.
2 min read · 01 September 2015
Sure, top-ranked GPs strive to buy companies with potential, grow them and sell them for great returns. But it turns out these elite managers also are adept at buying and selling these targets at opportune times.
2 min read · 31 August 2015
Q&A with Jeri Harman, CEO, co-founder and managing partner of lower middle-market lender Avante Mezzanine Partners.
3 min read · 31 August 2015
