Private Equity
<p>Align Capital Partners began fundraising its first fund in June and raced past its $250m target toward its $325m hard-cap.<br /></p>
2 min read · 19 September 2016
After about a year of fundraising, commitments from existing LPs reached $790m, surpassing the original $750m target.
2 min read · 19 September 2016
<em><span style="font-size: 11pt; line-height: 107%; font-family: Arial, sans-serif;">The firm’s inaugural fund will target the lower-middle market.</span></em>
1 min read · 19 September 2016
The New York-based firm came in 2007 to enter co-ownership of Penton alongside Wasserstein & Co.
2 min read · 16 September 2016
<p><em>3i’s CLO platform expands.</em></p> <p><em></em></p>
1 min read · 16 September 2016
The latest monthly report from the largest US pension fund shows its commitment to two private equity funds totalling almost $1bn, while it decided to forego committing to a KKR vehicle.
2 min read · 15 September 2016
The former Park Hill partner - who pleaded guilty to defrauding investors of $38.5 million – has been permanently banned from working in the private equity industry.
2 min read · 15 September 2016
New York-based Cornell Capital, founded by a former vice chair of Goldman Sachs merchant bank, has a target of $2bn for its latest fund.
2 min read · 14 September 2016
The deal closed around six months after a board member at the US pension expressed scepticism about selling stakes on the secondaries market.
2 min read · 14 September 2016
<p>The Washington-based investment shop’s hire has been active in credit for over two decades.</p>
2 min read · 14 September 2016
