Consumer goods

Second fund saw particularly strong support from existing Asia-based investors, CIO tells Buyouts

After going the traditional LP route to diversify income from gaming revenues, Chickasaw Nation is standing up PE firms to help support its more than 80,000 citizens.

The transaction run by Chicago-headquartered investment firm Tyree & D’Angelo Partners was oversubscribed, Secondaries Investor understands.

Kingswood’s founder tells Buyouts that the firm has had 30 DPI events in four years.

Bain Capital targets five core markets—consumer, healthcare, industrials, services and technology.

Investors shop the recession-resistant, healthy eats aisle as an antidote to fundraising heartburn.

“Our philosophy of long-term investing lines up well with our investor base,” Banyan managing director and group head Jeff Wigle told Buyouts.

The $757bn alternative assets manager was a first mover in what is now becoming a crowded market.

L Catterton believes consumers’ fundamental wants and needs have not changed because of the pandemic lockdown. What’s changed is how consumers fulfill those needs.

L Catterton will stay on the fundraising trail to give limited partners time to complete allocations, a source told Buyouts. The offering is expected to close in early 2021.