StepStone Group related stories
All articles and analysis
Tritium and StepStone acquire a majority stake in ATSAccess Technology Solutions has received an undisclosed majority investment from Tritium Partners and StepStone Group. Ocean Avenue Capital Partners also participated in the funding. Pacific Crest Securities served as financial advisor to ATS. Based in Provo, Utah, ATS is a provider of cross-border ecommerce solutions.
- Frazier Healthcare's PCI agrees to acquire Penn Pharma
Packaging Coordinators, a portfolio company of Frazier Healthcare, has agreed to buy Penn Pharma. No financial terms were disclosed. Headquartered in Tradegar, Wales with offices in New Hope, Penn. and Tokyo, Penn Pharma is a provider of drug development and manufacturing services.
Sandell begins chairmanship of NVCA; new board members addedNew Enterprise Associates General Partner Scott Sandell assumed the chairmanship of the National Venture Capital Association, as six new board members are also announced at the organization's annual meeting, called VentureScape, in San Francisco.
- Parallax closes debut fund on $115m
The California-based lower mid-market firm will make control investments in the technology sector.
- American Capital eyes $1.1bn vehicle
The Maryland-based firm is putting together its third mid-market vehicle
- American Capital unveils $1.1bn lower mid-market vehicle
American Capital has launched American Capital Equity III. The private equity fund will invest in companies in the lower middle market. The Private Fund Group of Credit Suisse is serving as the exclusive placement agent. Kirkland & Ellis is serving as lead counsel to American Capital on the transaction.
- Hamilton Lane closes on $427 mln for new FoF
Hamilton Lane said it held a final close on its eighth fund of funds with $426.8 million in commitments, beating its target of $400 million, in a fundraising process that took at least 18 months.
- NYCERS launches emerging manager programme
The system has announced a plan to commit more capital to minority and women-owned business enterprises.
- StepStone opens in São Paulo
The firm has appointed two former Paul Capital executives to run its first Latin American office.
Jafco scales up for $260 mln Fund VFirm raises capital from outside LPs for the first time to help support bigger checks