Bernard Vaughan
Nautic Partners, which has several aging investments and whose previous fund has a lot to prove, is seeking $800 million for its latest fund
Arrohead Mezzanine is seeking $500 million for its latest fund, its first since spinning out of Gleacher & Co. , as sponsor use of sub debt is on the rise.
Pharos Capital Group, a firm founded by Kneeland Youngblood and former executives at Goldman Sachs, has secured $170 million in commitments from investors for its third fund, Buyouts reported yesterday. The firm is trying to raise $400 million for the fund, Pharos Capital Partners III LP, which is the same amount the firm raised […]
One Rock Capital Partners, the latest firms started by a former investment professional at Ripplewood Holdings LLC, is trying to raise its first fund.
Siris Capital Group expects to hold a second close on its debut fund on the week of July 9 at about $325 million.
The Carlyle Group announced today that it and Sunoco Inc. have agreed to form a joint venture to revamp a major oil refinery in Philadelphia—the oldest and largest on the East Coast—saving some 850 jobs while laying the groundwork for potentially hundreds more, Buyouts reported earlier. The Washington, D.C.-based firm is funding the venture […]
The Riverside Company has sold Global Claims Services to Windjammer Capital Investors, a deal that could help both firms as they seek to raise new funds.
One private equity professional who was deeply unhappy with the Supreme Court’s support of the Affordable Care Act was Lester Knight, founder of RoundTable Healthcare Partners, a buyout firm that focuses on the industry and which raised $600 million for its third fund in 2010. Knight said the ruling will increase costs for many of […]
Companies based in Japan and China have ratcheted up their pace of acquisitions of sponsor-backed companies, presenting a potentially lucrative source of exits for private equity firms.
Emerging manager Mainsail Partners has closed its third fund, its first with significant institutional backing.