JPMorgan Chase & Co said it has raised $1.05 billion for JPMorgan Digital Growth Fund II, the follow-up to a pool that wrapped up in 2011 and took a stake in Twitter Inc, sister magazine Buyouts reported.
2 min read · 14 August 2014
Lone Star Funds has closed Lone Star Fund IX LP at its target of $7.4 billion, with the flagship pool for the real estate and distressed debt shop drawing strong support from LPs after a stand-out performance in at least one prior fund and a move to tackle succession issues concerning Chairman John Grayken.
3 min read · 12 August 2014
JPMorgan Chase & Co said it has raised $1.05 billion for JPMorgan Digital Growth Fund II, the follow-up to a pool that wrapped up in 2011 and took a stake in Twitter Inc.
2 min read · 11 August 2014
Sponsors are making big bets on growth equity this year as a way to avoid pricey LBOs, but analysis of the trend finds there’s no easy way to escape lofty valuations in this emerging area of the dealscape.
6 min read · 11 August 2014
Avista Capital Partners II, the 2008 vintage fund from Avista Capital Partners, rang up an IRR of 19.2 percent, above the 19 percent top quartile threshold for funds in the same year, according to an analysis of pension fund data in the Sept. 2 issue of Buyouts. The median IRR for vintage 2008 funds is 10.6 percent. Thompson Dean, managing partner and co-founder of Avista Capital, spoke from the nine-year-old firm’s headquarters in New York City.
3 min read · 11 August 2014
Dow Chemical Co is seeing interest from private equity firms in buying its Sodium Borohydride unit, according to sources familiar with the transaction.
2 min read · 08 August 2014
Dowling Capital Partners has raised at least $125.4 million for its insurance-focused Dowling Capital Partners II LP fund, less than three years after the Connecticut firm’s inaugural pool.
2 min read · 08 August 2014
Centre Partners Management LLC made a 3x return on its nine-year investment in Ross Aviation LLC in the sale of the fixed base operator to Landmark Aviation, a Carlyle Group portfolio company, according to a source familiar with the deal.
1 min read · 07 August 2014
With a $774 million debt exchange transaction under its belt, MModal Inc has emerged from Chapter 11 bankruptcy without One Equity Partners, the buyout shop that took the healthcare services firm private in 2012.
2 min read · 07 August 2014
Apollo Global Management LP said Apollo Investment Fund VIII ended the first half of 2014 about 15 percent deployed via six acquisitions at relatively low purchase price multiples for the blockbuster, $18.4 billion fund, executives at the New York firm said on their quarterly conference call with Wall Street investors.
2 min read · 06 August 2014
