Private Equity
OpenGate Capital, the firm famous for buying TV Guide for $1, is in the market targeting $300 million for its debut fund, according to two people with knowledge of the situation.
2 min read · 02 February 2015
New Jersey state Treasury investigators found no wrongdoing in venture firm General Catalyst’s decision to not report a political contribution from one of its executives-in-residence – now Massachusetts Gov. Charlie Baker – months before the state pension committed millions to the firm.
3 min read · 30 January 2015
The Blackstone Group will share 100 percent of any deal or monitoring fees with limited partners in its seventh flagship fund, which is in the market targeting at least $16 billion.
2 min read · 29 January 2015
Brian McMullen, a former principal at H.I.G. Capital on the middle market investment team, left the firm recently, according to a person with knowledge of the situation.
2 min read · 27 January 2015
WL Ross & Co said it has reimbursed investors in its fifth flagship fund after it “changed the methodology” of how it calculates certain fee offsets, a change some sources characterized as correcting a miscalculation.
2 min read · 26 January 2015
1 min read · 26 January 2015
Riverstone Holdings is setting up an energy debt fund to take advantage of the dislocations roiling the markets as the price of oil continues to sink, according to three people with knowledge of the effort.
2 min read · 22 January 2015
This is just getting crazy now.
3 min read · 22 January 2015
3 min read · 21 January 2015
Kelly Williams, a veteran limited partner, will take a step back as head of the highly successful customized funds-of-funds group that she co-founded, sources said.
2 min read · 20 January 2015
