New York City Commits $600M to Ares, Trilantic, Palladium

New York City’s five pension funds made $600 million in fresh commitments to three private equity funds, according to a spokesman for the New York City Comptroller’s Bureau of Asset Management, which manages their assets. As of June 30, 2012, the five pensions had combined assets of $122 billion. The three new commitments are $300 […]

Palladium To Buy Global Payments’ Money Transfer Biz

(Reuters) – Global Payments Inc (GPN.N), the company which processes online credit card transactions, said it has agreed to sell its DolEx- and Europhil-branded money transfer businesses to an affiliate of Palladium Equity Partners LLC. Under the terms, Global Payments will receive proceeds in the range of $85 million to $110 million based on the […]

Palladium Equity Buys Capital Contractors

Palladium Equity Partners has acquired Capital Contractors Inc., a Melville, N.Y.-based based provider of janitorial and facilities maintenance services. No financial terms were disclosed, exept that Palladium provided both equity and debt.

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