Private Equity
Chris Hearn, a managing director on First Reserve’s infrastructure team, has left to start his own energy-focused shop.
2 min read · 17 August 2015
Buyers in the secondary market are betting pricing won’t change much in the second half of the year, which could indicate that some believe the market is at a peak.
3 min read · 14 August 2015
One of the highly anticipated funds coming to market this year is Leonard Green & Partner’s seventh flagship vehicle, which could hit the market next month, according to three people with knowledge of the firm.
2 min read · 13 August 2015
Paula Bosco, a managing director at New Mountain Capital who was the firm’s chief compliance officer and counsel, left the firm on July 31, Managing Director Adam Weinstein confirmed for Buyouts.
1 min read · 12 August 2015
An auction for a large portfolio of private equity interests being sold by the Abu Dhabi Investment Council has stalled, according to three sources with knowledge of the situation.
2 min read · 11 August 2015
A coalition of state treasurers and elected officials put their signatures to a letter sent to Mary Jo White, chairwoman of the SEC, last month in a bid to let the agency know how concerned they were over lack of transparency in private equity.
2 min read · 10 August 2015
When it comes to European private equity, it’s all about CVC Capital Partners.
2 min read · 07 August 2015
Lee Equity Partners is restructuring its first and only fund, giving limited partners the option to sell their interests at a premium to net asset value or to roll into a new vehicle that will house the remaining portfolio companies, according to three people with knowledge of the process.
2 min read · 05 August 2015
OpenGate Capital, a turnaround specialist that has acquired a succession of companies over the past few years, has raised about half of the $300 million it seeks in a first close of its maiden fund, according to a person with knowledge of the situation.
2 min read · 04 August 2015
Citco Fund Services started out as a hedge fund administrator in the late 1960s with George Soros as a noted early client. As hedge funds diversified into other asset classes in the mid-1990s, Citco morphed with them and began servicing a broad variety of alternative fund managers, including private equity and real estate managers.
2 min read · 27 July 2015
