Counsel Plans to Wind Down Knight's Bridge Capital Partners
Counsel Corp., which in April announced reorganization plans, has provided details about winding down its private equity operations. The company noted that the five-year term of the first fund of subsidiary Knight's Bridge Capital Partners (KBCP) has expired, and that its current mandate is to maximize the value of its investments and "dispose of them at the optimal time." These investments include Toronto-based brand development and licensing company Authentic Brands Group LLC, backed with US$250 million by KBCP and Leonard Green & Partners in 2010.
16 May 2013•5 mins read
