Private Equity

People – Firms

Battle of emerging managers: Mill Rock sues Stellex Capital, claiming IP theft

At issue is the creation of trademarks for Mill Rock Capital and the creation of a legal entity called Great Mill Rock.

4 min read · 29 May 2020

Kline Hill Partners' Michael Bego on covid-19 and small secondaries deals

The company created a covid-19 scoring system that shows how virus-resistant businesses that it is thinking of buying are.

4 min read · 28 May 2020

Ares settles with SEC for $1m over inadequate policies around non-public information

The charges stem from a public company investment Ares made in 2016 through equity and debt.

2 min read · 27 May 2020

Antin Infrastructure hires ex-ArcLight executive as first US investor-relations hire

Matt Nelson is part of Antin's expansion into North America.

1 min read · 14 May 2020

Life Under Quarantine: Jordan Katz of Angeles Equity Partners

Angeles Equity also does a weekly happy hour call with employees, which Katz said is especially helpful for those who are isolated for much of the work week.

2 min read · 24 April 2020

Monomoy settles with SEC over fees from portfolio companies

How private equity firms disclose pay to in-house operating groups has long been a focus of SEC scrutiny.

3 min read · 23 April 2020

Old Ironsides settles with SEC over misleading marketing charges for $1.3bn Fund II

SEC censured the firm, which agreed to pay $1m to settle the case and did not admit or deny wrongdoing.

2 min read · 20 April 2020

KKR pledges $50m fund for pandemic relief efforts

KKR’s four leaders, co-CEOs Henry Kravis, George Roberts and co-presidents Scott Nuttall and Joseph Bae, will forego salary and bonuses for 2020 as part of the firm's pandemic relief efforts.

2 min read · 07 April 2020

Excellere's LPs vote to allow Fund III to continue investing after co-founder's death

David Kessenich's death activated a key-person provision in the fund's terms, leading to a 120-day suspension period.

2 min read · 27 March 2020

MiddleGround Capital to pay leave for covid-19-positive employees until cleared

MiddleGround, which launched in 2018, joins Leonard Green & Partners as another firm setting up assistance for portfolio company employees who are adversely affected by the coronavirus outbreak.

2 min read · 19 March 2020

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