Sun Capital Partners related stories
All articles and analysis
New Mexico cuts commitment to Sun Capital VThe pension will reduce its commitment to the $6bn fund raised in 2007 by the maximum allowed amount.
- Sun Capital reaps 190% IRR in coffee exit
Sun Capital sold a part of its investment in Timothy's Coffees of the World to Green Mountain for $157m.
- How fashions have changed
From the golden age to the age of pragmatism: private equity is an industry with evolving strategic priorities. PEI looks at how tastes have altered in five key respects.
- Sun Capital agrees to shrink Fund V to $5bn
The firm has agreed to allow LPs in the fifth fund to shrink commitments by up to 30%.
- Sun Capital sets the seal on its exit from Japan
The turnaround specialist has sold its remaining Japanese portfolio company, dessert maker Tarami, following the closure of its Tokyo office earlier this year.
- Need an annex? Time to genuflect
There are roughly four ways for GPs to 'top up' the capital in an existing fund, but each method comes with some harsh concessions
- Sun Capital in $25m DIP deal
The turnaround specialist gave bankrupt calendar maker Lang Holdings a bankruptcy loan for up to $16m, which it later used as part of its bankruptcy bid.
- Sun Capital LPs ask to reduce commitments
A group of LPs has asked Sun Capital for the ability to shrink commitments to its $6bn fifth fund because of ‘liquidity issues’ and asset allocation imbalances.
- Sun Capital NY dealmaker departs
Dave Blechman has left to join upstart firm Tower Three. Sun’s Steve Liff will continue to lead the New York office.
- Lubert-Adler, Cerberus, Sun named in Mervyns' lawsuit
The US department store, which filed for Chapter 11 bankruptcy protection in July, has filed a lawsuit against its buyers, including funds controlled by Lubert-Adler, Cerberus Capital and Sun Capital, alleging the firms stripped it of its real estate assets in order to leverage the buyout.