A former J.P. Morgan investment banker with a specialty in major consumer brand franchising has launched Spinel Investment Company with a goal of $500 million for its debut fund, according to a person familiar with the firm.
2 min read · 08 December 2014
Low oil prices are putting a damper on deal-making and capital-raising for sponsors in the energy patch, as greater supplies in world markets impact the business of discovering and extracting fossil fuel.
2 min read · 04 December 2014
FFL completed its sale of TriTech Software Systems for an undisclosed sum to Insight Venture Partners and also announced two purchases in a busy November for the San Francisco-based middle-market buyout and growth equity firm.
2 min read · 03 December 2014
2 min read · 03 December 2014
Steve King first saw the business opportunity for Alaris Royalty Corp while working as an investment banker for 12 years and helping middle-market companies raise capital.
2 min read · 03 December 2014
Steve Schwarzman’s Blackstone and rivals are poised to post their best year for real estate fundraising since 2010.
3 min read · 03 December 2014
Not every public pension fund struggles with pay. Some face staffing shortfalls.
2 min read · 03 December 2014
DLJ South American Partners, a vintage 2007 fund, rang up an IRR of 32.5 percent as of Dec. 31, 2013, according to public pension fund data compiled by Buyouts. The performance beat the 15.4 percent IRR threshold for top-quartile funds of the same vintage and the median of 9.4 percent, based on an analysis by Buyouts.
4 min read · 03 December 2014
Steve King first saw the business opportunity for Alaris Royalty Corp while working as an investment banker for 12 years and helping middle-market companies raise capital.
2 min read · 03 December 2014
NGP Energy Capital Management CEO Ken Hersh said private equity and other investments in the energy sector have helped create a “world of abundance” that’s upending geopolitics and forcing leaders to grapple with a transition period.
2 min read · 03 December 2014