Behrman Capital related stories
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Apollo hires three BlackRock MDs to lead PE secondaries buildoutKonnin Tam, Steve Lessar and Veena Isaac were fired by BlackRock Monday morning to pre-empt their departure, just as the firm returned to market with a new secondaries fund.
Legal special: How to navigate conflicts in GP-led secondariesLPs can find the options are limited when a fund manager restructures the leftover assets in a fund nearing the end of its life.
Park Hill hires Coller exec for restructurings(2)Andrew Caspersen will focus on the growing need of GPs to restructure aging funds that are approaching the end of their lives.
- Park Hill hires Coller exec for restructurings
Andrew Caspersen will focus on the growing need of GPs to restructure aging funds that are approaching the end of their lives.
- Behrman completes Fund III restructuring
CPPIB has anchored a vehicle managed by the Grant Behrman-led firm to house five portfolio companies. The companies will pay an exit fee used mostly to cash out existing LPs.
- Angelo Gordon hires healthcare chief
The firm has hired 20-year healthcare veteran Mark Visser as managing director and leader of healthcare activities, a newly created position.
- Behrman oversees $300m dividend recap
Behrman Capital recently executed two transactions, a dividend recapitalisation and spin-off, linked to its $303m acquisition of defense contractor ILC Industries in 2003.
- Bertram closes on $500m, continues promotions
The mid-market private equity firm held a final close on its $500m target for Fund II, and promoted a number of staff to senior positions.
- Behrman makes $200m add-on acquisition
Protective casing manufacturer Pelican Products has acquired Hardigg Industries using 3.5x leverage and $125m in mezzanine financing as Behrman deploys the last of its capital from the firm’s $1.2bn third fund.
- CalPERS: ‘Discussing’ capital call timings with GPs ‘not unusual’
While stressing it continues to honour capital calls, CalPERS has said it is not atypical for it to ask GPs to delay requests for funds. The pension has confirmed it sold more than $2bn in private equity holdings on the secondary market last year, including interests in Carlyle and Landmark funds.