Posted on: May 2, 2013 by Lawrence J. Aragon
SJF Ventures has held a final close on its $90 million for its third fund, raising more than three times the amount of its second fund, which totaled $28 million, the firm announced Thursday. Investors in the new fund include Citi, Deutsche Bank, MetLife, Prudential Financial, Cambridge Associates, Mercer Consulting, and Trillium Asset Management, SJF said in a press release.
Tags: Cambridge Associates, Citi, Deutsche Bank, Mercer Consulting, MetLife, Prudential Financial, SJF Ventures, Trillium Asset Management
Posted on: March 6, 2013 by Steve Gelsi
Scott Nuttall, global head of capital and asset management at KKR & Co. LP, said the bull market run in the U.S. equity market could boost the marquee private equity firm’s prospects for selling its portfolio companies to strategic rivals.
Tags: Citi, deals, KKR, Nuttall
Posted on: October 4, 2012 by asormani
Waypoint Homes and Menlo Park-based private equity firm GI Partners have closed a $245 million revolving credit facility with Citi. The facility will support the acquisition, renovation, long-term ownership and management of Waypoint’s growing national portfolio of single family rental homes. Based in Oakland, Calif., Waypoint Homes has created a next-generation real estate company to help address the lack of liquidity contributing to the prolonged U.S. housing crisis.
Tags: Citi, GI Partners
Posted on: August 2, 2012 by asormani
Citi has been awarded a mandate from Kimmeridge Energy Fund to provide private equity fund and cash administration services. Kimmeridge is a private equity fund based in New York focusing on early-stage unconventional upstream energy investments in the United States. PRESS RELEASE Citi has been awarded a mandate from Kimmeridge Energy Fund (Kimmeridge) to provide [...]
Tags: Citi, Kimmeridge Energy Fund
Posted on: March 15, 2012 by asormani
MONDAY 19 MARCH Venture Capital Forum Canada Hosts Funding Platform for Start-up Companies The week kicks off with the first day of the three day Venture Capital Forum Canada hosted by the French Chamber of Commerce in Canada. The forum takes place at the Hôtel Intercontinental
Montréal. Prominent speakers over the three days include Jean-René [...]
Tags: Bank of Canada, British Venture Capital Association, Citi, Debevoise & Plimpton, Florida State Board of Administration, Greenpark Capital, KPMG, MENA Private Equity Association, Russia Direct Investment Fund
Posted on: June 22, 2011 by cnolan
Google and Citi will finance a second phase of the Alta Wind Energy Center being developed by Terra-Gen Power, each investing $102 million in the project, the companies announced Wednesday. Terra-Gen Power is an affiliate of ArcLight Capital Partners and Global Infrastructure Partners. Both Google and Citi previously put $55 million into the Alta IV project, bringing each company’s total investment to $157 million.
Tags: Arclight Capital Partners, Citi, Global Infrastructure Partners, Google
Posted on: May 19, 2011 by Luisa Beltran
Trip Wolfe has left Union Square Advisors and joined Citi.
Wolfe will be Citi’s North American head of venture capital coverage in the technology, media and telecommunications group, a spokesman confirmed. He will be an MD. The role at Citi is new and is expected to help build stronger relationships between the VC and related sponsor community. Wolfe will split his time between the East and West coast, the spokesman said.
Tags: Citi, Union Square Advisors
Posted on: February 9, 2011 by Luisa Beltran
Citi is finally getting some traction in its sale of OneMain Financial.
Several PE firms are interested in the unit, which lends money to low-income borrowers. Blackstone, the Carlyle Group, WL Ross & Co., Thomas H. Lee and Brysam Group Partners are part of a large group that are pursuing a bid, according to The Wall Street Journal. Warburg Pincus and J.C. Flowers & Co. are also exploring a deal separately, the story says.
Tags: Blackstone, Carlyle Group, Citi, OneMain Financial, Thomas H. Lee, WL Ross & Co
Posted on: February 8, 2011 by cnolan
Citi has hired Steve Conway, a former executive at Swiss bank UBS, as its most senior European banker advising private equity firms, Reuters reported. Conway joins as managing director and head of the Citi’s Financial Entrepreneurs Group for Europe, the Middle East and Africa. He has worked previously as a senior advisor to private equity firm TDR Cpital and an operating partner at Advent International.
Tags: Citi
Posted on: December 22, 2010 by Jonathan Marino
Deal: Citi’s infrastructure arm strikes Australian ports deal with DP World
Deal (the cards): Greenlight’s Einhorn knows when to hold ‘em, when to fold ‘em
Headhunting: KKR snaps up HSBC vet
Gassing up: Strategic buyers keep digging into the Marcellus Shale
Got salvation?: Paging Sidney Harman
Tags: Citi, Greenlight Capital, HSBC, KKR