Private Equity
The next great idea for innovating in business is probably not going to come from a spreadsheet, says Todd Rovak, a managing partner at the consulting firm Fahrenheit 212.
3 min read · 18 February 2014
Robert L. Johnson, a cable television pioneer turned investment mogul, has added another arrow to his strategic quiver by launching a credit fund targeting lower mid-market companies.
2 min read · 14 February 2014
The multi-strategy private equity firm H.I.G. Capital LLC has closed its sophomore fund for mid-market buyouts at its $1.75 billion cap, the firm announced.
2 min read · 14 February 2014
Lariat Partners, whose founders came from KRG Capital Partners and RedCloud Capital, is nearing a final close for its debut fund, which has been targeting $125 million, according to two people with knowledge of the fund offering.
2 min read · 12 February 2014
Providers of junior capital, facing the reality of heightened competition for deals, are lowering their expectations of the returns they will get, according to KeyBanc Capital Markets.
2 min read · 11 February 2014
Taking advantage of the portfolio company’s strong cash flows and a lending market featuring interest rates at historic lows, The Blackstone Group LP is planning to take a dividend from Allied Security Holdings LLC, its second such payout from the portfolio company in the past 15 months.
2 min read · 10 February 2014
Vortus Investments, a young, energy-focused private equity firm based in Fort Worth, Texas, is in the market targeting $400 million for its debut fund, according to a person with knowledge of the firm and a marketing presentation seen by sister news service peHUB.
2 min read · 10 February 2014
Z Capital Partners, the special situations firm run by James Zenni, the founder of Black Diamond Capital Management, has beat its target for its second fund and is now eyeing its $750 million hard cap, according to two people with knowledge of the situation, sister news service peHUB reported.
1 min read · 10 February 2014
Kohlberg Kravis Roberts is closing funds all over the place.
2 min read · 06 February 2014
Extending its push into alternative finance, the New York money manager Neuberger Berman LLC has launched a drive to raise money for an expansion into leveraged lending.
2 min read · 05 February 2014
