HGGC held a final close on $1.33 billion on March 4 for its second fund. Steve Gelsi asked HGGC CEO Rich Lawson five questions.
2 min read · 23 March 2015
Adopted by U.S. regulators, the Basel III banking standards now being absorbed into the lending system may further the push of financing for private equity deals into the shadow realm of non-bank lenders.
3 min read · 23 March 2015
The Vistria Group, co-founded by Marty Nesbitt, a longtime friend of President Barack Obama, has drawn commitments in the high $200 million range toward a $350 million goal.
2 min read · 20 March 2015
The Vistria Group, co-founded by Marty Nesbitt, a longtime friend of President Barack Obama, has drawn commitments in the high $200 million range toward a $350 million goal, according to a source.
2 min read · 18 March 2015
Pantheon Ventures has closed its second global infrastructure fund with $1 billion, including a mix of fund and separate account commitments, beating its $500 million target.
2 min read · 18 March 2015
HGGC and Charlesbank Capital Partners are selling Citadel Plastics Holdings Inc to strategic buyer A. Schulman for $800 million, after increasing EBITDA at the plastics and composite compound maker by 67 percent in about three years.
1 min read · 17 March 2015
Debt analysts at Fitch Ratings said business development companies trading below their net asset values may face challenges, but the group’s long-term prospects remain robust.
2 min read · 17 March 2015
The director of the Teacher Retirement System of Texas’s emerging manager program answers five questions, including what TRS looks for in emerging managers, if the funds it has committed to share any traits, and what the future holds.
3 min read · 13 March 2015
Senior debt holders have agreed to give Kainos Capital-backed Milk Specialties Co more time to wrap up an accounting probe that caused the company to delay filing its financial statements, which is a potential debt covenant breach.
3 min read · 12 March 2015
4 min read · 09 March 2015
