HM Capital

Two energy executives from HM Capital, Jason Downie and Edward Herring, have formed a new firm with the help of Landmark Partners that will manage existing energy investments.

Kainos Capital, targeting $400m, received hefty backing from the Canada Pension Plan Investment Board, which committed more than $100m to Fund I and is also helping Kainos become an independent firm.

Kainos Capital, targeting $400m, received hefty backing from the Canada Pension Plan Investment Board, which committed more than $100m to Fund I and is also helping Kainos become an independent firm.

Two energy executives from HM Capital, Jason Downie and Edward Herring, have formed a new firm with the help of Landmark Partners that will manage existing energy investments.

The Dallas, Texas-based firm is dealing with an investigation into meat processing plants owned by Swift that may have employed illegal immigrants using stolen identities.

Sarah Bradley will work on raising HM Capital's next fund and boosting the firm's transparency and communications with LPs.

Levine Leichtman, HM Capital, Access Capital and Falconhead Capital will pay a total of $4.5m to settle with the New York attorney general’s office.

The Dallas, Texas-based private equity firm is the latest to snap up struggling publications.

Kainos Capital previously raised $475m for its debut fund in 2013, beating its $400m target.

The Texas-based firm focuses on energy investments

Deal activity on the private equity secondary market has returned to levels more akin to pre-2011 as strong public markets convince sellers to hold their LP interests.

Jennifer Morais has left CPPIB's funds, secondaries and co-investments team, which is working to deploy $10bn in secondaries deals over five years.

Secondary market deal activity declined dramatically in the first half of 2013, amid strong public markets. Secondary buyers have been waiting for the floodgates to burst open.

Kainos Capital, which is targeting $400m for its debut fund, is working to convince LPs that the team’s long experience investing in food and consumer products will translate to strong returns.

The firm is expecting to expand US frozen treat chain Rita’s Italian Ice to warmer climates through the final investment of its $290m second fund.

EIG Global Energy Partners has closed its first fund since its spinout from Los Angeles-based asset manager TCW late last year above its $2.5bn target and its hard cap of $3.5bn.