Private Equity
AnaCap Financial Partners is in the market raising its third flagship fund targeting €900 million ($1.2 billion) for financial services investments, according to a person with knowledge of the situation, as well as documents from New Jersey’s State Treasury’s Division of Investment, sister news service peHUB reported.
2 min read · 05 February 2014
Over the course of its 28-year history, Oak Hill Capital Partners has developed an enviable track record. Its first two funds racked up return multiples well north of 2x invested capital, and its 10-year investment in ExlService Holdings, an offshore provider of financial technology services, won the Buyouts Emerging Market Deal of the Year Award in 2013 on the strength of its 34x return.
6 min read · 04 February 2014
Simply emailing your work home so you can continue analyzing that spreadsheet could expose confidential data to a world of shady players, says Mark Johnson, the CEO of Elysium Solutions, a startup consulting firm in the information security arena.
2 min read · 04 February 2014
Brookside Mezzanine Partners, a subordinated debt investor for a dozen years, is gaining traction with unitranche financing, David D. Buttolph, a managing director, founder and co-manager of the firm, told Buyouts.
2 min read · 04 February 2014
Turnaround guru Wilbur L. Ross is poised to return nearly $50 million to investors in conjunction with an unusual transaction involving a group of failed banks based in Michigan.
3 min read · 04 February 2014
New State Capital Partners, a spin-out from Sun Capital Partners, has closed its first deal, investing in Gautier Steel, which makes specialty steel products, according to a statement from the firm, sister news service peHUB reported.
1 min read · 31 January 2014
Fresh off a quick sale of Digital Insight, Thoma Bravo is marketing its its 11th fund, according to sources
2 min read · 30 January 2014
By spinning off a unit that represents about a third of the company, owners of SunGard Data Systems Inc are separating two businesses going in different directions and giving themselves options for exiting the eight-year-old investment.
3 min read · 29 January 2014
Oregon State Treasury’s long-time private equity guru, Jay Fewel, announced his intention to retire back in early December, and the industry has been anticipating who would rise to the helm of the state’s large and very mature program, sister news service peHUB reported.
3 min read · 29 January 2014
Lynn Tilton has decided to pull the plug on American LaFrance LLC, a maker of fire trucks and other industrial equipment that Tilton’s Patriarch Partners LLC managed to retain through its 2008 bankruptcy reorganization but that ultimately failed.
2 min read · 28 January 2014
