While placement agents typically come from sales or investment banking backgrounds at brokerage firms, Monument Group traces its roots more from the world of LP advisors, consultants and funds-of-funds.
2 min read · 15 October 2014
Thomas H. Lee Partners has raised about $939 million for its seventh buyout fund in a formal effort that began this fall, as the buyout firm takes aim at a smaller flagship fund than its $8.1 billion predecessor from 2006, according to regulatory filings and a source.
3 min read · 14 October 2014
Buyout pro and venture investor hope to raise up to $500 million for debut fund and invest $50 million to $75 million in five to six technology companies.
2 min read · 14 October 2014
Terry Garnett of Garnett & Helfrich Capital has teamed up with venture investor Rob Theis to launch Garnett Theis Capital with an inaugural fund seeking up to $500 million for technology carve-outs and buyouts, according to a person familiar with the firm.
2 min read · 14 October 2014
Brentwood Associates has bought a majority stake in Z Gallerie, a 50-store furniture retailer that got its start as a poster shop, according peHUB affiliate Buyouts magazine, which cited a source.
2 min read · 14 October 2014
Brentwood Associates has bought a majority stake in Z Gallerie, a 50-store furniture retailer that got its start as a poster shop, according to a source familiar with the deal.
2 min read · 13 October 2014
Buyouts recently caught up with Ross Posner, who joined money manager Ridgewood Private Equity Partners earlier this year to build an energy and related infrastructure investment team. Posner spent the previous eight years at Allstate Investments, where most recently he built and ran the six-person global infrastructure and real asset private equity group. Dow Jones has reported that his new firm plans to raise a debut fund.
3 min read · 13 October 2014
Water Street Healthcare Partners landed in the top quartile for its vintage 2008 fund, Water Street Healthcare Partners II, with an IRR of 29.5 percent as of Dec. 31, 2013, according to pension fund data compiled by Buyouts. The performance beats the top quartile threshold of 19.4 percent for that vintage year. Tim Dugan, managing partner of Chicago-based Water Street, spoke with Buyouts over the phone.
4 min read · 13 October 2014
8 min read · 13 October 2014
Wealth manager Joel Guth not only helps clients allocate roughly 10 percent of their portfolio into private equity investments, he’s also gained deep knowledge of sponsored deal-making after decades of experience with company owners.
2 min read · 13 October 2014
