Donald Trump hugs a U.S. flag as he takes the stage for a campaign town hall meeting in Derry, New Hampshire August 19, 2015. REUTERS/Brian Snyder
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Trump eyes Macquarie banker for infrastructure

After years of neglect, infrastructure is suddenly a hot topic for both the government and private investors. My colleague Sam Sutton and I just took a deep dive into the space for the next cover of Buyouts, which comes out Monday.

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SL Capital closes debut infrastructure fund on 516 mln pounds

SL Capital Partners closed its debut infrastructure fund on 516 million pounds ($645.3 million), beating its 400 million pound target. Limited partners include financial institutions, pensions and family office investors from the U.K., Europe and North America. SL Capital’s infrastructure team is led by Dominic Helmsley. The group targets investment in middle-market core infrastructure in the U.K. and northwest Europe.

private equity
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Long-time GP skips new fund amid heavy competition

One long-time firm is forgoing raising a new flagship fund in the highly competitive environment — a signal that some GPs may skip the rigors of raising capital in the crowded market in favor of tapping a network of close investors for specific deals.

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Credit Suisse exec Harrison joins Silverfleet Capital

European middle-market firm Silverfleet Capital hired Andrew Harrison as head of investor relations. Harrison joined from Credit Suisse, where he was a member of the Private Fund Group raising capital for buyout, energy, credit and infrastructure funds. Most recently worked on origination and due diligence activities for European and Asian funds.

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Ardian names former ICG executive Mark Brenke co-head of debt group

Ardian named Mark Brenke co-head of Ardian Private Debt, working alongside Olivier Berment. Brenke worked at Ardian for two years, joining as a managing director. Prior to Ardian, Brenke worked at Intermediate Capital Group, where he most recently had responsibility for establishing ICG’s European Direct Lending business.

A beachgoer photographs the waves as a band of Hurricane Matthew arrives in Daytona Beach, Florida, U.S. October 6, 2016.  REUTERS/Phelan Ebenhack - RTSR44J
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PE HUB First Read

To close out your week, First Read has news the CEO of backpage.com arrested for alleged pimping for sex ads on the site, Jon Corzine could avoid jail with $5 mln settlement and a big LP predicts cash flow from PE slowing to a trickle.

A small fisherman's boat makes its way past the rocks of Sete Nave as the sun sets outside Pietrosella, on the southern part of Corsica, France, September 22, 2016. REUTERS/Christian Hartmann  - RTSP0LB
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PE HUB First Read

To close your week, First Read reports Moody’s likes California’s transparency law, how to protect yourself if you’ve ever created a Yahoo account and is someone probing for weakness to take out the entire internet?

U.S. President Barack Obama visits the Wat Xieng Thong Buddhist temple, alongside his participation in the ASEAN Summit, in Luang Prabang, Laos September 7, 2016. REUTERS/Jonathan Ernst - RTX2OFY8
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PE HUB First Read

To end your week, First Read has news about NASA’s asteroid mission, Wells Fargo fires 5,300 employees in scandal and the barber who created a ‘men’s only’ barbershop.

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Water Street, JLL to sell Bioclinica to Cinven

Water Street Healthcare Partners and JLL Partners agreed to sell Doylestown, Pa.-based Bioclinica, Inc. to Cinven. Bioclinica provides outsourced clinical trial services. JLL Partners and Water Street merged Bioclinica and CCBR-SYNARC in 2014. The deal is expected to close in the fourth quarter.

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J.W. Childs hires Grove Street Advisors executive to lead investor relations

J.W. Childs Associates hired Philippe Schenk, a former executive at Grove Street Advisors, as managing director. Schenk will lead investor relations. The firm also hired Kyle Casella, who formerly worked at Weston Presidio where he focused on consumer/retail and business services, as a vice president. J.W. Childs also hired Jess Yuan, former investment banking analyst at Deloitte Corporate Finance, as an analyst.

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Morgan Stanley Global PE invests in Pathway Partners Vet Holding

Morgan Stanley Global Private Equity invested in Austin, Texas-based Pathway Partners Vet Holding LLC, which owns and operates veterinary hospitals. Along with the investment, Pathway Partners Vet Holding acquired multiple clinics through partnerships with veterinary practices and chains in the northeast, the mid-Atlantic region and southern California.

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Kelso buys Physicians Endoscopy from Pamlico

Kelso & Co. acquired Physicians Endoscopy, LLC in a recapitalization with management from Pamlico Capital. Terms of the deal were not disclosed. Physicians Endoscopy owns and manages endoscopy surgery centers across the U.S. Guidon Partners made a minority investment in the deal alongside Kelso.