PRIVATE EQUITY FIRMS MidOcean Partners: Eric Roth joined as a managing director. He was previously a managing director and head of the consumer-retail group at Lazard. David Kieselstein, currently an executive board member, was named chairman of that board. Steve Miller, previously chairman, will continue as a member. Matt Rubel joined MidOcean’s executive board as chairman of the consumer […]
PRIVATE EQUITY FIRMS Maven Capital Partners hired Jamie Fraser as an investment manager to source and make deals, as well as help manage the 27 million pound ($35.6 million) North East Development Capital Fund. Fraser joins from Lloyds Bank, where he was a relationship director. Carlyle Group: Minoru Koshibe becomes a senior adviser on the Carlyle Japan advisory team. Koshibe […]
Here are the key statistics in private equity fundraising, deals and exits for the second quarter of 2018. Download the “Buyouts Insider Q2 2018 Highlights” slideshow as a PowerPoint: Buyouts-Insider-Q2-2018-Highlights
SPONSORED: Chicago lower mid-market lender Madison Capital Funding, a subsidiary of New York Life Insurance Company, announced in January that Christopher Taylor would succeed Hugh Wade as CEO on June 30. Mr. Taylor recently sat down for an interview with BUYOUTS to discuss his plans for the company.
Buyouts Insider is proud to announce that Buyouts and VCJ recently won six editorial awards, including two 1st place, three 2nd place, and one 3rd place win at the Specialized Information Publishers Association (SIPA) Washington, D.C., Annual Conference 2018. No one does a better job of digging deep into the private equity and venture capital industry […]
Chris Witkowsky and Sam Sutton are back to discuss a restructuring of fundless sponsor Argonne Capital Group’s six portfolio companies. Is the transaction a harbinger of more creative deals on the secondary market? Next, California Public Employees’ Retirement System is exploring setting up a new platform to pursue direct investments. Can it be done? What will it entail? Tune in […]
Episode 12 of the PE Hub Podcast tackles drama at CalPERS, fintech M&A and GPs finding creative ways to hold investments longer.
On Episode 11 of the PE Hub Podcast, Sarah Pringle stops by to discuss her blockbuster Buyouts cover story about why private equity hasn’t had its #MeToo moment. Sarah, Sam Sutton and Chris Witkowsky explore what steps private equity firms and their investors can take to put a stop to workplace harassment. Next (19:30), Chris explains how Hellman & Friedman‘s single-asset secondary transaction could open the door to more firms holding on to their portfolio companies for longer periods of time.
Hosts Chris Witkowsky and Sam Sutton sit down with reporter Eamon Murphy to discuss his story about Blackstone Group‘s field trip to Singularity University. Then, Chris gets conspiratorial with news about the powerful roots of AEA Investors (7:50) and changes at Gores Group (15:00). Finally, Sam asks a fundamental question: should public pensions invest in private equity (20:00)?
In Episode 8 of the PE HUB Podcast, healthcare M&A guru Sarah Pringle sits down with Chris Witkowsky and Sam Sutton to share tidbits from the recent J.P. Morgan healthcare conference in San Francisco. Next, Chris discusses the private equity fundraising environment and expected mega-funds from firms like Vista Equity Partners and Warburg Pincus coming to market this year (16:45). Finally, Sam explains how California’s public pensions are handling a new private equity transparency law (33:00).
But first, Bay Area native Sam explains why it is not OK to call San Francisco ‘Frisco or San Fran.
PE HUB Editors Chris Witkowsky and Sam Sutton discuss booming investor demand for new private equity firms, along with some of the challenges associated with launching your own firm. Pitchbook‘s Nizar Tarhuni calls in to discuss some of the data his team has put together on the performance of emerging managers (found at 13:00). Later, Chris interviews Oak HC/FT Co-founder and General Partner Andrew Adams about spinning his firm out of Oak Investment Partners and what he wishes he’d known when he launched Oak HC/FT (found at 30:00).
By David M. Toll and Sam Sutton The House and Senate tax-reform bills would likely mean higher tax payouts for a significant number of portfolio companies, and those experiencing down years could find themselves badly squeezed, according to an analysis by Chicago investment bank Lincoln International. Large public companies, by contrast, would mainly benefit. Under […]
Why are private equity firms telling their LPs to shush? Buyouts Editors Sam Sutton and Chris Witkowsky discuss the odd new trend in Episode 6 of the PE Hub Podcast. Later in the podcast, Sam and Chris dig into a report by Meketa Investment Group, which found that California Public Employees’ Retirement System is struggling to meet its […]
PE HUB’s Chris Witkowsky and Sam Sutton are joined by Eamon Murphy to discuss his reporting on the relationship between President Donald Trump and Blackstone Group Co-Founder Stephen Schwarzman. Later, all three discuss tax reform and Chris’s story about an interesting minority stake sale, which was used to pay down a clawback. To listen on SoundCloud, […]
Sarah Pringle joins Chris Witkowsky and Sam Sutton to discuss trends she’s covering in healthcare M&A. Then, the PE HUB team discusses Chris’s story about a preferred equity investment in SunTx Capital’s first fund. Concluding the podcast, Sam interviews CalPERS Board Member JJ Jelincic, who has some strong opinions about the direction of CalPERS’s PE program and CIO Ted Eliopoulos.
To listen on SoundCloud, click here.
By Eamon Murphy and Chris Witkowsky Guidepost Growth Equity, known through July as North Bridge Growth Equity, is targeting $400 million to $500 million for its third fund, according to sources in the market. Whether the fund is officially in the market, or the team is pre-marketing, is unclear. Guidepost declined comment on fundraising. The firm’s second fund, […]
By Sarah Pringle, Alastair Goldfisher and Chris Witkowsky Looking back on a life of private equity investing, an executive might be hard-pressed to remember the early days when failure meant losing your house. But for legendary PE investor Thomas H. Lee, those early experiences still felt close at hand. “By the late 1970s, we had started to […]
PE HUB editors Chris Witkowsky and Sam Sutton sit down to discuss the US fundraising environment, capital call subscription lines, a bizarre showdown at LA City Employees’ Retirement System and the sexual harassment stories coming to light in Silicon Valley.