Private Equity
The Carlyle Group, one of the world’s largest private equity firms, has closed its fourth Asia fund at $3.9 billion, the second-largest private equity fund ever raised for Asia investments
3 min read · 15 September 2014
David Robbins, a managing director at H.I.G. Bayside Capital, has left the firm, joining a group of managing directors who have departed in the past few years, according to two people with knowledge of the firm.
2 min read · 12 September 2014
Canadian firm EdgeStone Capital Partners is restructuring two funds to give existing investors the option of cashing out or rolling their interests into a new vehicle, according to three people with knowledge of the situation.
3 min read · 10 September 2014
The State of Wisconsin Investment Board has been reviewing its private equity portfolio in search of inappropriate fees and expenses, according to documents from the pension system.
2 min read · 10 September 2014
Brazos Private Equity Partners decided earlier this year not to raise another fund and wind down. At the time, partner Michael Salim said some partners would be splitting off to pursue their own ventures, while continuing to manage out the portfolio. Now comes word that co-founder and co-chief executive Randall Fojtasek has formed a new firm, CenterOak Partners, to pursue control-oriented investments in mid-market companies.
1 min read · 10 September 2014
Credit asset manager Golub Capital has hired two lending professionals to help lead an expansion of the firm’s focus into the upper middle market, the firm announced.
1 min read · 09 September 2014
Brian Sullivan, a partner at Paul Capital, has left the firm and joined Grosvenor Capital Management to work on its growing private equity team, according to a person with knowledge of the situation and a Paul Capital investor letter.
2 min read · 08 September 2014
Solace Capital Partners, a special situations firm launched by former executives of Oaktree Capital, is preparing to hit the market targeting $500 million for its debut vehicle, according to three people with knowledge of the fundraising.
3 min read · 03 September 2014
Taking aim at one of the less-traveled areas of private equity, Agriculture Capital Management is targeting $250 million for a debut fund called ACM Permanent Crops.
2 min read · 02 September 2014
Crestview Partners, the buyout firm founded by two Goldman Sachs private equity executives in 2004, is closing in on its $3 billion target, according to a person with knowledge of the fundraising.
2 min read · 01 September 2014
