Steeped in the lower middle-market as co-founder of Miami-based investment bank Cassel Salpeter & Co, James Cassel’s deal backlog has grown as more families put businesses up for sale.
2 min read · 06 April 2015
Carlyle Partners IV, the vintage 2005 fund from The Carlyle Group, rang up an IRR of 14.8 percent as of Dec. 31, 2013, for the California Public Employees’ Retirement System.
5 min read · 06 April 2015
We catch up with John Gripton, Head of Global Investment Management, Private Equity, for Capital Dynamics, the $19 billion Swiss private asset manager.
3 min read · 06 April 2015
While wrapping up its presence exam initiative by meeting with about 180 private equity firms, the Securities and Exchange Commission will continue reviewing limited partner agreements, private placement memoranda and other disclosure documents for potential conflicts of interest with limited partners, a lawyer for the regulator said.
3 min read · 06 April 2015
Facing upward pricing pressure just as regulators tapped the brakes on leverage levels, U.S. sponsors closed fewer acquisitions in the first quarter of 2015.
5 min read · 06 April 2015
San Francisco Equity Partners paid an undisclosed sum to buy a majority stake in beauty tools and cosmetics brand Japonesque from company owner Karen McKay, as the consumer products firm broadens its exposure in the sector.
2 min read · 02 April 2015
Trivest Partners LP earned roughly a 4x cash-on-cash return in less than five years on its sale of AM Conservation Group Inc to Kohlberg & Co, according to a source.
1 min read · 01 April 2015
Origami Capital Partners, a 7-year-old Chicago firm founded by a veteran of Lakeview Capital Management, has raised at least $47 million toward a $450 million target for Origami Opportunities Fund III LP, a private equity pool focused on assets trapped in illiquid ownership structures, according to a Form D filing.
2 min read · 01 April 2015
KRG Capital Partners is launching a $500 million fundraising effort behind KRG Capital Fund V, after some fresh exits, along with several personnel changes in the eight years since its predecessor fund drew in $2 billion.
2 min read · 31 March 2015
The New Jersey State Ethics Commission dismissed pay-to-play allegations by the AFL-CIO against Robert Grady, stemming from his term as chairman of the New Jersey State Investment Council, according to the panel.
2 min read · 30 March 2015