ABRY Partners

Boston private equity group takes control of US healthcare business

Canadian advisory firm Setter Capital has released its top 50 mid-market LBO funds on the secondaries market.

Aiming to raise $200m more than its predecessor, ABRY Senior Equity IV recently received a $25m commitment from the Illinois Municipal Retirement Fund.

The $14.6bn system has committed to ABRY Partners and American Securities, and has deployed more than half of the $275m set aside for private equity in 2011.

The Boston-headquartered private equity veteran is expected to be significantly oversubscribed for its seventh buyout fund, targeting $1.6bn, and its second senior debt fund, targeting $1.3bn.

The Boston-based firm will use $536m of equity in the take-private, the latest in a string of transactions around the $1bn mark agreed in recent weeks.

Language Line Services is the latest private equity-backed company to look to the public markets for an exit this year.

Country Road Communications has sold three rural telecom units to Nasdaq-listed Otelco.

Secondaries lawyers advised on a record-breaking amount of transaction volume in 2024.

Advocacy groups raised concerns with the US pension about Platinum Equity portfolio company Securus, which manages inmate phone systems for state prison systems.

Offloading a $1.3bn portfolio to Ardian helped push the pension system to a since-inception DPI capital ratio of 1.0x.

Blackstone is the latest manager to launch a strategy targeting companies that are still in the growth stage.

This summer Richard Clarke-Jervoise, head of the private equity team at family office manager Stonehage Fleming, shared his thoughts on management fees, subscription credit lines, and what family office investors really want.

As head of the private equity team at Stonehage Fleming, Richard Clarke-Jervoise knows a thing or two about how to attract private wealth to the asset class.

OMERS Private Equity, the private equity investment arm of the Canadian pension plan, purchased the analytics and technology-enabled service provider and plans to help it grow over the long haul.

With the poll closing at midnight tonight, don’t miss your chance to help pick the big winners.