Private Equity
Buyout shops took advantage of low interest rates and eager lenders in 2013, scoring a record $14 billion of dividend recapitalizations in the middle market, sister service Thomson Reuters Loan Pricing Corp reported.
2 min read · 14 January 2014
Palladium Equity Partners has been scoring some large commitments from public pension systems recently as it works to finish up marketing on its fourth fund, sister news service peHUB reported.
2 min read · 13 January 2014
Coming out of the Great Recession in 2009, with a fresh $1.5 billion fund to work with, the housing market looked attractive to Charlesbank Capital Partners LLC, a Boston-based buyout shop that in 1998 spun out of Harvard Management Company.
5 min read · 13 January 2014
A growing number of buyout shops are adopting dedicated financial management technology to manage various aspects of their operations. A key reason, says Denise Valentine, an analyst at the research firm Aite Group LLC of Boston, has less to do with the Dodd-Frank financial reform law or their role as registered investment advisers and more to do with institutional credibility.
2 min read · 13 January 2014
Carlyle has brought on former UBS Managing Director Neil Collins and former KRG Capital Director Reidan Cruz to run sales and marketing for its new Solutions Group.
2 min read · 10 January 2014
Kohlberg Kravis Roberts & Co announced Thursday that it had closed its first fund dedicated to distressed assets, market dislocations, and other complex situations.
2 min read · 09 January 2014
Cheryl Maliwanag, a 16-year veteran at Pathway Capital Management, is no longer with the firm, according to a source familiar with Maliwanag, as well as a public document from the Alaska Retirement Management Board, sister news service peHUB reported.
2 min read · 09 January 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 · 07 January 2014
Great Hill Partners has raised nearly $494 million for its fifth buyout fund, according to a regulatory filing. Boston-based Great Hill Partners, which focused on growth companies, has attracted 54 investors to Great Hill Equity Partners V LP, the filing showed.
2 min read · 07 January 2014
As the Pennsylvania State Employees’ Retirement System works through some major shifts in its leadership, the system has apparently had to put on hold planning for a private equity secondary sale that was slated to help it reduce its huge exposure to the asset class, sister news service peHUB reported.
1 min read · 07 January 2014
