North America

Trilantic promotes five

<p>The promotions will create a new class of partners <br /></p>

Huntington Capital closes third fund on $91.7 million

The vehicle will focus on growth capital investments in the middle market

Clearlake promotes four

Fred Ebrahemi will also join the firm as general counsel and chief compliance officer

Vivo doubles fund size with $750 million Fund VIII

The healthcare focused fund beat its target

Ares names KKR credit boss new CFO

Michael McFerran, previously chief financial officer for KKR’s credit group, has been appointed CFO and Treasurer at Ares Management

Crestview acquires JR Automation

The investment marks the third industrial investment for Crestview

D.A. Davidson adds to PE team

Cummings was previously with the middle market sponsor team at RBC Capital Markets

PE Consortium acquires Life Time Fitness

The $4 billion take private deal was led by TPG and Leonard Green & Partners

HGGC &amp; Charlesbank book 10.6x return on Citadel Plastics

Citadel Plastics will be acquired by A. Schulman

Why impact is an important new force in private equity

Far from requiring investors to make a trade-off on financial returns, impact investments can actually be the key to finding growth and value in an increasingly crowded marketplace, writes Bridges Ventures' Brian Trelstad.