Mayer Brown is seeing increased demand for help setting up subscription credit facilities, said Partner Mike Mascia, who is co-head of the law firm’s Global Lending practice.
2 min read · 13 July 2015
Deal-making by U.S. sponsors in the second quarter lagged behind the year-ago period, as frothy prices kept many players on the sidelines.
5 min read · 13 July 2015
Sun Capital has realized a nearly 3x return on its eight-year investment in Fazoli’s Group Inc after selling the Italian restaurant chain to Sentinel Capital Partners, according to a source.
2 min read · 08 July 2015
Genstar Capital, the San Francisco-based middle-market firm that’s been active on the deal front, is expected to draw $2 billion for its oversubscribed flagship fund, Genstar Capital Partners VII, according to sources.
2 min read · 07 July 2015
CarVal Investors closed on $3 billion for its third credit fund, capping off an effort that began in early 2014, after the unit of agribusiness giant Cargill expanded its team with an ex-Goldman Sachs executive and several others.
2 min read · 02 July 2015
Q&A with William Spiegel, founding partner and managing director of Pine Brook
2 min read · 29 June 2015
As CEO of Pensco Trust Co, Kelly Rodriques figured the success of online brokers such as E-Trade could point the way for more rapid transactions in the private funding space for individuals with closely held shares in their IRAs, as well as sponsors on the fundraising trail.
2 min read · 29 June 2015
A freshly launched senior direct lending partnership between Ares Capital Corp and Varagon Capital marks the end of a fruitful marriage between Ares and General Electric Co’s Antares lending unit for senior loans.
6 min read · 29 June 2015
The vintage 2004 Lincolnshire Equity Fund III notched an internal rate of return of 34.7 percent for the Teachers’ Retirement System of the City of New York as of Dec. 31, 2013, the date used in an annual analysis of public pension fund data by Buyouts. The IRR beat the top-quartile threshold of 22.2 percent and the median of 12.9 percent for that vintage.
4 min read · 29 June 2015
Pritzker Group Private Capital, the buyout and venture business founded by brothers Tony and J.B. Pritzker, isn’t alone in its growing focus on deploying “permanent capital” in its own direct buyout deals, an executive with the firm said.
2 min read · 26 June 2015
