Solamere Capital related stories
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Sorenson Capital Buys Wilson ElectronicsWilson Electronics said on Wednesday that it has been acquired by Sorenson Capital. Solamere Capital was a minor co-investor. No financial terms were disclosed. Also, Sorenson Capital Managing Directors Fraser Bullock and Tim Layton join Wilson Electronics’ board of directors. Based in St. George, Utah, Wilson Electronics is a provider of wireless communication services.
Ten Hot Stories: New Mountain Loses Partner, Moore Capital Founder Eyes Debt Fund and Why We Need a Mygdon ListTrending on peHUB this week: New Mountain Capital, Moore Capital, MC Credit, the Midas List, Great Hill, Solamere Capital, Tumblr, TCV, Iconiq Strategic Partners, Union Square Ventures, Spark Capital, and job openings at Goldman Sachs, Microsoft and Thomvest.
- Solamere Capital, Romneys' PE Firm, Launches Fund II
Solamere Capital, the private equity fund-of-funds and co-investment firm co-founded by Mitt Romney’s eldest son, Taggart Romney, has begun raising its second vehicle, Solamere Capital Fund II LP, according to a government filing. The filing indicates that the new fund carries a $250 million target.
- Mitt Romney Joining Son's PE Firm
Four months after losing the presidential election to Barack Obama, Mitt Romney is joining his son’s investment firm, Solamere Capital, sister news service Reuters reported, citing a Romney adviser.
- Solamere approaches final close on $200m debut fund
The firm, founded by Tagg Romney, has hired Lee Scott, former CEO of Wal-Mart, as an operating partner.
- Missouri governor to join private equity firm
Matt Blunt, the outgoing governor of Missouri, will advise Solamere Capital. The nascent firm, co-founded by one of Mitt Romney's sons, is raising a $200m debut fund. Romney was a co-founder of mega-buyout firm Bain Capital.
- January 2010: “The Tortoise of PE Fundraising”
In case you were hibernating last month, here’s a rundown of January’s 14 biggest buyout news stories. Slideshow after the jump...
- Solamere Capital to close above target
Firm founded by Tagg Romney, son of Mitt Romney
- Tagg Romney's New Firm To Close Fund Above Target in Coming Weeks
It's taken more than a year, but Solamere Capital is finally closing its debut fund. According to a source familiar with the situation, the firm will hold a final close later this month on a bit more than its $200 million target. Tagg Romney, the son of Bain Capital founder and once/future presidential candidate Mitt Romney, formed Solamere with a varied crew of co-founders. They include: Spencer Zwick, the director of finance on Mitt Romney's campaign; John Miller, the former CEO of National Beef Packing Co; and Eric Scheuerman, formerly of Jupiter Partners. The firm also hired Allan Dowds, the former CFO of J.W. Childs Associates.