John Rompon is a managing partner with Chicago-based McNally Capital, which partners with family offices and high-net worth investors on direct investments. Buyouts asked him about why family offices are so eager to go direct these days.
3 min read · 18 May 2015
As a fund administrator with decades of experience in cloud computing and fund accounting, Rahul Kanwar sees a market opportunity tied to the diversification of private equity as an asset class.
2 min read · 18 May 2015
Just as they had to learn the ins and outs of Dodd-Frank, U.S.-based GPs that want to market to European LPs need to become familiar with the AIFMD.
5 min read · 18 May 2015
Five publicly traded private equity firms pulled in billions for their fundraising efforts in the first quarter, but when it came to spending, they held back, largely due to high U.S. deal prices.
3 min read · 18 May 2015
When Siris Capital’s $842 million buyout of Digital River closed in February, the e-commerce software provider opened a new chapter as an ex-public company with a not-too-lofty debt multiple in the mid-6x EBITDA range. And with projected cost savings plus expected revenue growth, the company’s leverage multiple will likely fall, strengthening Digital River’s balance sheet for add-ons or other paths to growth.
3 min read · 18 May 2015
Aequitas Capital is taking aim at more financial technology providers with its own mix of credit and equity investing, with $100 million under its belt and new executives on board for Aequitas Capital Opportunities Fund.
2 min read · 15 May 2015
He didn’t drop a bombshell like his predecessor did a year ago, but Marc Wyatt, the SEC’s top examiner for the private equity industry, said the regulator continues to see problems that need to be fixed.
3 min read · 15 May 2015
The Jordan Co has been cleared by the Federal Trade Commission to purchase DiversiTech Corp, which bills itself as the largest manufacturer of condenser pads for air conditioners in North America.
2 min read · 14 May 2015
He didn’t drop a bombshell like his predecessor did a year ago, but Marc Wyatt, the SEC’s top examiner for the private equity industry, said the regulator continues to see problems that need to be fixed.
4 min read · 13 May 2015
Pomona Capital said it is launching the Pomona Investment Fund, targeting up to $500 million with its first vehicle aimed at accredited individual investors, an executive at the firm said.
2 min read · 13 May 2015
