Fundraising

Golub Capital nabs $74 mln for mid-market lending fund

Golub Capital Inc has launched fundraising for its latest flagship fund, a regulatory filing showed, as the company shifts to Arabic numerals from Roman ones.

CLO advocates seek extension of Volcker Rule exemption for CDOs

With regulators moving to curb certain impacts of the Volcker Rule, hopes are rising that they also may act to reduce certain limitations on collateralized loan obligations.

Pomona Capital nears end of marketing on Fund VIII

Firm is poised to close on up to $1.6 billion for its eighth secondary fund.

Golden Gate-spinout Altamont sails through marketing on sophomore fund

The middle-market buyout shop is targeting $750 million for its second fund and is on track to wrap up fundraising by the end of the first quarter, LP sources said.

Mid-market recaps topped LBO deals in 2013

Buyout shops took advantage of low interest rates and eager lenders in 2013, scoring a record $14 billion of dividend recapitalizations in the middle market, sister service Thomson Reuters Loan Pricing Corp reported.

Palladium Equity vaults $800 mln target as fundraising momentum soars

Palladium Equity Partners has been scoring some large commitments from public pension systems recently as it works to finish up marketing on its fourth fund, sister news service peHUB reported.

With housing rebound, Charlesbank turns to constructing next fund

Coming out of the Great Recession in 2009, with a fresh $1.5 billion fund to work with, the housing market looked attractive to Charlesbank Capital Partners LLC, a Boston-based buyout shop that in 1998 spun out of Harvard Management Company.

Need to meet Denise Valentine, analyst, Aite Group

A growing number of buyout shops are adopting dedicated financial management technology to manage various aspects of their operations. A key reason, says Denise Valentine, an analyst at the research firm Aite Group LLC of Boston, has less to do with the Dodd-Frank financial reform law or their role as registered investment advisers and more to do with institutional credibility.

Exclusive: Carlyle hires sales and marketing muscle for fund of funds group

Carlyle has brought on former UBS Managing Director Neil Collins and former KRG Capital Director Reidan Cruz to run sales and marketing for its new Solutions Group.

KKR closes special situation fund at $2 bln

Kohlberg Kravis Roberts & Co announced Thursday that it had closed its first fund dedicated to distressed assets, market dislocations, and other complex situations.