As debate drags on over the Volcker Rule, banks are settling in for the long haul, sister magazine Buyouts reports. Those that have decided to exit the buyouts game have largely done so, while those remaining appear to be relying on their own balance sheets, rather than bringing in outside investors, under other provisions of [...]
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Seven Mile Capital Partners is close to selling a portfolio company for the first time under its new banner, which could help it as it seeks to raise its first independent fund.
Seven Mile Capital Partners, a new private equity firm that assumed a portfolio of investments from Citigroup Inc., is in the preliminary stages of raising its first fund under its new banner, Buyouts reported Friday. The firm’s executives are talking to potential investors and have not yet decided on a target or issued a private [...]