Z Capital Group

The firm has begun issuing primary documents for its next fund, which hasn’t officially launched yet, and will be seeking to raise more than twice the amount it targeted for its second fund.

Jerry Pender specialises in information technology and will advise on digital and cybersecurity.

Z Capital’s proposal to purchase outstanding shares of Affinity Gaming has been denied for the second time

Z Capital’s second special situations fund includes a 2.5% cash commitment from the firm that specialises in the private equity-distressed sector.

James Zenni-led Z Capital Partners has hired Irene Hong, former VP of investor relations at KPS Capital Partners, as a managing director in charge of marketing and corporate development.

The James Zenni-led firm is expected to hold a first close on roughly $200m for its second special situations fund by the end of next month.

As it works to raise $500m for its second special situations fund, Z Capital has brought on former New England Pension Consultants executive William Monagle.

CFO Jonathan Schmugge and general counsel Martin Auerbach are two of the four professionals named senior managing director-partner. The promotions come as Z Capital targets $500m for its second special situations fund.

The former Blackstone exec joined Black Diamond in 2006

Even though cutting costs can improve portfolio company performance, doing so without consideration of product quality can damage a business’s reputation.

Sun Capital Partners won't be celebrating its Mexican restaurant portfolio company Chevy's' 'National Taco Day', as more of its investments end up in the bankruptcy courts

Limited partners need to be in full possession of the facts before resuming substantial investment in private equity. Andy Thomson reports

The Greenwich-based firm, currently investing its second distressed debt fund, has sold Bayou Steel to global steel giant ArcelorMittal.