Norman Leben said the business of outsourcing private equity fund administration has been picking up steam as a more prudent practice than building in-house teams from scratch.
2 min read · 20 February 2015
H.I.G. Capital inked 37 acquisitions in sectors ranging from dental practices to coal mines in 2014, but the Miami firm bought fewer platform companies for the second year in a row, according to lists of deals obtained by Buyouts.
2 min read · 20 February 2015
Standard & Poor’s Rating Service cut its view on sponsor-backed Samson Resources Corp for the second time in less than three months, with analysts flagging the possibility that liquidity at the oil and gas producer could deteriorate in the face of low energy prices.
2 min read · 19 February 2015
Altamont Capital Partners is raising its profile in the hot consumer sector with its acquisition of Cotton Patch Cafe, with plans to expand the restaurant chain’s footprint in its core Dallas market as well as the Southeastern and Southern U.S.
2 min read · 19 February 2015
Stephen Murray has left CCMP Capital Advisors just months after it raised $3.6 billion for its third private equity fund, according to two sources.
2 min read · 18 February 2015
Kohlberg Kravis Roberts & Co said it refunded about $8 million to its limited partners last year in the wake of an examination by the Securities and Exchange Commission.
3 min read · 11 February 2015
Oaktree Capital Group LLC plans to maintain a brisk fundraising pace after drawing in nearly $15 billion in commitments in 2014, with closings expected shortly on its flagship distressed debt pool and two other funds.
2 min read · 10 February 2015
TPG Capital LP plans to hold a first closing by early March on more than $5 billion for its latest flagship fund, TPG Partners VII, toward a potential $10 billion target for the pool, according to sources.
2 min read · 09 February 2015
A senior investment banker at Robert W. Baird & Co said the middle-market specialist’s deal backlog jumped 35 percent at the start of the year, prompting the firm to continue hiring bankers in what’s expected to be a robust 2015.
2 min read · 09 February 2015
Less than three weeks ago, former U.S. Rep. Barney Frank caught some people by surprise when he came out in support of lifting the $150 million threshold for firms to register with the Securities and Exchange Commission.
3 min read · 09 February 2015
