Chris Witkowsky
Despite recent volatility in some developing regions, limited partner investors view emerging markets as an essential part of their private equity portfolios, according to a new survey by the Emerging Markets Private Equity Association.
Despite recent volatility in some developing regions, limited partner investors view emerging markets as an essential part of their private equity portfolios, according to a new survey by the Emerging Markets Private Equity Association.
Grey Mountain Partners has invested in Fleetwood Industries, which provides premium retail display systems and related program management services. Terms of the deal were not disclosed.
Lightyear Capital has completed the sale of independent broker-dealer Cetera Financial Group to RCS Capital Corporation for $1.15 billion. The transaction closed on April 29, 2014.
ARC Financial Corp. has hired Jackie Forrest as vice president, effective July 2. Most recently, Forrest was leader of North American crude oil research for IHS CERA.
The CapStreet Group has held a final close on $325 million, the hard cap, for its fourth fund, George Kelly, the firm’s chairman and chief executive officer, confirmed.
Riverstone Holdings, which just last year closed its first fund independent of The Carlyle Group on $7.7 billion, is out talking to limited partners about its next flagship vehicle, according to three people with knowledge of the situation.
SI-BONE, a medical device company, has closed a $33 million growth capital financing round. Orbimed and Novo A/S invested in the funding round, along with existing investors Skyline Ventures and Montreux Equity Partners.
RLJ Equity Partners' portfolio company Naylor has acquired Boxwood Technology, which provides online career centers and services. RLJ acquired outsourced business and communications services company Naylor in December.
Ironbridge Equity Partners has completed fundraising on its second private equity fund on C$154 million. The firm beat its original target of C$125 million. Elm Capital worked as placement agent on the fundraising.