Jennifer Rinehart, an MVision veteran who focused on first-time funds, is launching Acalyx Advisors in New York City with at least three other colleagues from her previous employer, according to her LinkedIn profile.
2 min read · 30 March 2015
Thomas H. Lee Partners has drawn $1.5 billion in commitments out of a $3 billion target for Thomas H. Lee Equity Fund VII after officially launching last fall, according to two sources.
2 min read · 27 March 2015
2 min read · 25 March 2015
Private equity veteran Brooks Zug said high purchase price multiples in the face of “enormous competition” for deals may limit the returns from vintage 2015 top-quartile funds to a less-than-dazzling net IRR of about 15 percent.
2 min read · 25 March 2015
Victory Park Capital is close to announcing a $45 million dividend recapitalization of Giordano’s, the Chicago-based maker of deep dish pizza and other Italian food, roughly four years after the company was bought out of bankruptcy, according to a source.
1 min read · 25 March 2015
Bain Capital sees an IPO in the cards for cybersecurity company Blue Coat Systems Inc, according to a deal-maker for the marquee private equity firm.
2 min read · 24 March 2015
Siguler Guff & Co has drawn in $260 million for an inaugural fund aimed at financing cross-border trade, in a move to tap into global deal-making, according to a filing.
2 min read · 24 March 2015
Long-time mergers and acquisitions lawyer David Barkus has seen a surge in demand for a certain type of insurance that proivdes dealmakers coverage in case of a breach of contract.
2 min read · 23 March 2015
When KPS Capital Partners looked at a potential buyout of Waupaca Foundry in 2011, the U.S. automotive sector remained in the early stages of a recovery and credit availability on such deals was constrained.
3 min read · 23 March 2015
It’s pretty rare for any private equity firm to take a company private nowadays because of lofty stock market prices and competition from cash-laden strategic buyers.
4 min read · 23 March 2015
