EIV Capital LLC drew $267 million in about six months, wrapping up EIV Capital Fund II as its first institutional fund to acquire midstream and oilfield services companies and assets, among other targets, according to a source.
2 min read · 03 February 2015
Crestline-Kirchner Private Equity Group recently stepped in as manager for an underwater hedge fund launched by the late Richard Medley, in an unusual transfer of control to run the portfolio as a private equity pool.
3 min read · 30 January 2015
The Blackstone Group raised about $500 million last year for a new strategy aimed at individual investors, part of a huge fundraising year for the world’s largest private equity firm.
2 min read · 29 January 2015
Transom Capital Group has sealed about $44 million in LP commitments for its second middle-market fund, which is targeting $125 million.
2 min read · 29 January 2015
Carlyle Group has named Jonathan Seidman head of consultant relations for its Solutions Group, the private equity firm’s $54 billion unit that includes AlpIvest, Metropolitan Real Estate and hedge fund specialist Diversified Funds Solutions.
1 min read · 29 January 2015
While debt-to-EBITDA multiples have drawn attention for reaching lofty levels during this time of relatively easy credit and ample dry powder, Golden Gate Capital’s buyout of Angus Chemical Co from Dow Chemical Co lands more or less in the middle of the fairway.
2 min read · 29 January 2015
Secondary specialist Lexington Partners has topped $7 billion in commitments for its eighth flagship fund, with expectations of wrapping up the effort in April.
2 min read · 27 January 2015
Siris Capital is wrapping up its third flagship fund with $1.75 billion in commitments, above its $1.5 billion hard cap, according to a source.
2 min read · 27 January 2015
Private equity firms now comprise a minority of Advanced Medical Pricing Solutions’ customer base, but CEO Mike Dendy sees his company’s healthcare cost audits as a natural fit for sponsors.
1 min read · 26 January 2015
1 min read · 26 January 2015
