TowerBrook related stories
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Side Letter: Everbright's USD hunt, Florida secondaries, Hg's prefChina Everbright wants more USD, Hg mulls pref option, Florida SBA thanks secondaries. Here’s today's brief, for our valued subscribers only.
Arizona PSRS discloses $65m commitmentThe US public pension has backed a buyout fund.
TowerBrook closes two funds with $5.3bnThe New York-based spends less than five months to accomplish the fundraising for two funds.
TowerBrook scores $5.3bn double fund closeThe firm raised $4.25bn for TowerBrook V and $1.05bn for TowerBrook Structured Opportunities.
- TowerBrook bolsters team with three hires – Exclusive
The firm has added execs from Blackstone, Alix Partners and Balyasny Asset Management.
- BC sells down Com Hem stake
The sale of 25m shares in the Swedish cable TV operator delivers a 2.2x return to BC’s investors.
- BC bolsters top ranks with ex-Honeywell chief
Alex Ismail is joining the firm as a managing partner in the investment team.
- BC Partners snags partner from TowerBrook – Exclusive
Axel Meyersiek joins as a senior partner and will be based in BC Partners’ Frankfurt office.
- KKR, TowerBrook back OVH expansion
The firms have invested a combined €250m in the Paris-headquartered web hosting company as it seeks to target US and Asian markets.
- TowerBrook appoints former Tory chairman to advisory board
Andrew Feldman, former chairman of Britain’s Conservative Party and current chief executive of clothing business Jayroma, has joined the UK private equity firm’s senior advisory board.