American Securities related stories
All articles and analysis
Sun Capital books $1bn plus exit on specialty chemicals companySun Capital will sell Emerald Performance Materials to American Securities for a 9x return.
- ICV raises $400m for Fund III
The New York-based lower mid-market firm raised its largest fund to date and reached its target.
- American Securities within reach of $750m target
The firm has a $1bn hard-cap for the distressed debt fund, according to LACERS documents.
- Louisiana Teachers’ commits $150m in re-ups
The $14.5bn retirement system is targeting between $300m and $400m in commitments to five or six funds in 2013.
- LACERS narrows private equity consultant search
The retirement system will continue working with its existing advisor Hamilton Lane or hire Portfolio Advisors as its new private equity consultant.
- American Securities collects $463m for distressed fund
The firm is more than half way to its $750m target for American Securities Opportunities Fund III.
- Five Minutes with Scott Wolff
Competition for deals is heating up in the chemicals sector, an industry ripe with new investment opportunities, says American Securities managing director Scott Wolff.
- Friday Letter Extremely patient capital
Private equity LPs and GPs frequently wax lyrical on their long-term investment approach. This week, one mid-market firm ‘put their money where their mouth is’ with the launch of fund that can invest for a quarter of a century.
- KPS scores 10x in auto-parts exit
KPS Capital Partners has notched a 70% compounded IRR through its sale of HHI Group Holdings to American Securities.
- American Securities closes sixth fund on $3.6bn
The firm beat its target after 18 months on the fundraising trail, and without offering any ‘special terms’, ‘side pockets’ or ‘separate accounts’, says CEO Michael Fisch.