Private Equity
When it comes to European private equity, it’s all about CVC Capital Partners.
2 min read · 07 August 2015
Lee Equity Partners is restructuring its first and only fund, giving limited partners the option to sell their interests at a premium to net asset value or to roll into a new vehicle that will house the remaining portfolio companies, according to three people with knowledge of the process.
2 min read · 05 August 2015
OpenGate Capital, a turnaround specialist that has acquired a succession of companies over the past few years, has raised about half of the $300 million it seeks in a first close of its maiden fund, according to a person with knowledge of the situation.
2 min read · 04 August 2015
Citco Fund Services started out as a hedge fund administrator in the late 1960s with George Soros as a noted early client. As hedge funds diversified into other asset classes in the mid-1990s, Citco morphed with them and began servicing a broad variety of alternative fund managers, including private equity and real estate managers.
2 min read · 27 July 2015
Should limited partners have a “third option” in a fund restructuring beyond selling or rolling over on new terms?
3 min read · 27 July 2015
There’s an aspect of a recent restructuring deal that is ticking off some limited partners.
3 min read · 27 July 2015
Crestline-Kirchner Private Equity Group sees has been staffing up to tackle the burgeoning secondary market for private equity funds.
3 min read · 27 July 2015
Along with a series of major fund restructurings in the market this year, GPs are working to get control of secondary selling in their funds through a process called a tender offer.
3 min read · 27 July 2015
Here’s some good news for hard-working investment officials in the New York City Bureau of Asset Management.
2 min read · 24 July 2015
A well-known advisor to limited partners has stepped down.
2 min read · 23 July 2015
