Iris Dorbian
Macquarie Group’s Delaware Investments has hired John Leonard as head of equities. His appointment becomes effective March 3, 2017. Previously, Leonard worked at UBS Asset Management where his roles included global head of equities.
ICV Partners has made an undisclosed investment in SG360. J.P. Morgan Securities LLC served as financial adviser to SG360 on the transaction. Based in Wheeling, Illinois, SG360 is a printing and marketing solutions provider.
First Read ushers in the morning with news that Trump has chosen wrestling magnate Linda McMahon to lead the SBA, Aon is reportedly exploring selling its benefits outsourcing deal, and the Chicago Cubs have added a new closer.
Investment bank Petsky Prunier has hired J.P. Michaud as a managing director. Previously, Michaud worked at 7 Mile Advisors where he served as a director.
Angelo, Gordon & Co LP has acquired a majority stake in Chicago-based apartment tower River North Park. Previous owner Waterton will retain a stake in the property, which it recently recapitalized. Holliday Fenoglio Fowler LP advised Waterton on this transaction and also arranged financing to Angelo, Gordon with an unnamed national bank.
KKR has raised its next generation growth tech fund at $711 million. NGT will focus on making growth equity investments in the tech, media and telecom sectors in North America, Europe and Israel.
In Second Opinion, Russia agrees to sell its stake in Rosneft to Glencore and a Qatari investment fund for $11.3 billion, SpaceX won't be launching another rocket this year and Time names President-elect Trump as Person of the Year.
Placement agent Eaton Partners has formed a team that will raise capital for private credit funds. The team will focus on credit managers in the U.S., Europe and Asia. Eaton Partners is a subsidiary of Stifel Financial Corp.
TC Latin America Partners has closed its second real estate fund at $268 million. TCLAREF II will focus on residential, commercial and industrial real estate projects in Peru, Colombia and Mexico. Hodes Weill Securities LLC served as a placement agent for the fund.
Main Street Capital Corp has recapitalized Hawk Ridge Systems, a provider of 3D solutions. No financial terms were disclosed. D.A. Davidson & Co provided financial advice to Hawk Ridge Systems on the transaction.