Private Equity
CenterGate Capital, recently formed by former H.I.G. Capital executives to invest in lower middle-market companies, is in the market with its debut fund targeting $300 million, according to two people with knowledge of the fundraising.
2 min read · 29 May 2015
CenterGate Capital, recently formed by former H.I.G. Capital executives to invest in lower middle-market companies, is in the market with its debut fund targeting $300 million, according to two people with knowledge of the fundraising.
2 min read · 29 May 2015
Tim Armstrong, a former managing director in the middle-market business at H.I.G. Capital, has joined Roark Capital Group, according to the firm’s website.
2 min read · 27 May 2015
OpenGate Capital-backed PennySaver USA, a weekly advertising publication, ceased operations after a lender cut off funding, according to a statement from PennySaver USA Chief Executive Officer Ronald Myers.
2 min read · 26 May 2015
Neil Tuch, a managing director on the private equity team at H.I.G. Capital, is leaving the firm after more than 10 years, H.I.G. Executive Managing Director Doug Berman and Tuch confirmed.
2 min read · 22 May 2015
Chris Anderson, senior manager of private equity at Alcatel-Lucent Investment Management Corp, is leaving the company to take on a private equity role at The Investment Fund for Foundations (TIFF), according to a spokeswoman at TIFF and a “friends and family” email from Anderson.
2 min read · 20 May 2015
Clearlake Capital Group is moving quickly through fundraising on its next flagship vehicle and expects to have a strong first close near its target, according to a person with knowledge of the fundraising.
1 min read · 18 May 2015
General partners are flexing their muscles again.
3 min read · 18 May 2015
Buyouts sat down with Brooks Zug, senior managing director and co-founder of HarbourVest Partners, to get his thoughts on a variety of issues in the private equity industry. Topics of discussion included regulations, Europe and the ever-shifting LP-GP dynamic.
4 min read · 18 May 2015
2 min read · 18 May 2015