Sterling Group, the Houston-based middle-market firm, took about three months of formal fundraising to raise the largest buyout pool in its history, with $1.25 billion in commitments for Sterling Group Partners IV.
2 min read · 27 July 2015
Five Questions with Andrew Richards, Managing Director, Swander Pace Capital
3 min read · 27 July 2015
Citco Fund Services started out as a hedge fund administrator in the late 1960s with George Soros as a noted early client. As hedge funds diversified into other asset classes in the mid-1990s, Citco morphed with them and began servicing a broad variety of alternative fund managers, including private equity and real estate managers.
2 min read · 27 July 2015
Crestline-Kirchner Private Equity Group sees has been staffing up to tackle the burgeoning secondary market for private equity funds.
3 min read · 27 July 2015
Valor Equity Partners II LP generated an IRR of 15.4 percent for investor GCM Grosvenor DEM LP as of Dec. 31, 2013, the benchmark date in a survey of fund performance data by Buyouts. The performance of the vintage 2007 fund matched the top-quartile threshold of 15.4 percent and beat the median of 9.4 percent for that vintage, according to the study. Antonio Gracias, CEO and CIO of Valor Equity Partners, spoke with Buyouts at the firm’s Chicago office.
3 min read · 27 July 2015
The Blackstone Group recently heralded the return of the club-style deals that peaked prior to the 2008 financial crisis. But instead of working with other GPs, the largest private equity firm by AUM is tapping into a stream of capital from its larger fund investors in the face of higher deal prices.
3 min read · 27 July 2015
Sterling Group, the Houston-based middle-market firm, took about three months of formal fundraising to raise the largest buyout pool in its history, with $1.25 billion in commitments for Sterling Group Partners IV.
2 min read · 24 July 2015
Z Capital Group CEO Jim Zenni said the firm remains cautious on credit investments, but he sees an opportunity to benefit from possible disruption in energy credit in its new $401 million collateralized loan obligation (CLO).
2 min read · 23 July 2015
Kohlberg Kravis Roberts & Co is planning to launch a major fundraising effort for North America Fund XII in the near future, as it continues to pull in billions in a healthy capital-raising environment.
2 min read · 23 July 2015
Wind Point Partners, the Chicago-based middle-market firm founded in 1984, is targeting $800 million to $900 million for its eighth buyout fund, which comes about six years after the firm closed on more than $1 billion for its predecessor, according to sources.
2 min read · 22 July 2015
