The $437 million cash sale of luxury home products maker WWRD Holdings Ltd to strategic buyer Fiskars Corp capped one of the most dramatic turnarounds in the 24-year history of KPS Capital Partners, the co-founder of the industrial turnaround specialist said.
3 min read · 01 June 2015
Private equity firms need to be able to articulate why they exist and how they can help their clients achieve their goals. That’s where Castle Hill Capital Partners Inc hopes to help: in branding a unique message.
2 min read · 01 June 2015
An off-balance sheet loan program coming into wider use has been providing a partial work-around to the one-to-one debt-to-equity ratio cap for business development companies, according to BDC executives.
4 min read · 01 June 2015
Monroe Capital has closed Monroe Capital BSL CLO 2015-1 at $412 million, marking the Chicago firm’s first debt securitization deal secured mostly by broadly syndicated loans.
3 min read · 29 May 2015
Cortec Group, which focuses on small U.S. and Canadian buyouts in three targeted sectors, closed its sixth fund on its $1.1 billion hard cap in just two months.
2 min read · 29 May 2015
Cortec Group, which focuses on small U.S. and Canadian buyouts in three targeted sectors, closed its sixth fund on its $1.1 billion hard cap in just two months.
2 min read · 29 May 2015
Aberdeen Asset Management will add U.S. and Asia exposure to its private equity platform, as well as a favorable view toward co-investments, in its pending acquisition of Flag Capital Management, the head of alternatives for the U.K.-based asset manager said.
3 min read · 27 May 2015
Mesirow Financial reached $614 million for Mesirow Financial Private Equity Partners Fund VI LP, the Chicago firm’s fund-of-funds vehicle that initially launched in 2010, according to a filing.
1 min read · 27 May 2015
Colt Defense LLC failed to make a $10.9 million interest payment on its unsecured notes, moving it closer to bankruptcy, following a steep drop in revenue at the gunmaker.
2 min read · 22 May 2015
Remington Outdoor, the company that manufactured the Bushmaster rifle used in the fatal shootings of 26 people in Newtown, Conn., in 2012, is offering to buy out limited partners in a transaction that will result in Cerberus Capital Management funds exiting the firearms maker, according to a source.
2 min read · 18 May 2015
