Bain could earn 4x on Applied Systems – source

Bain Capital LLC stands to make more than 4x its invested capital when it completes the sale of insurance software maker Applied Systems Inc in a secondary sale to Hellman & Friedman LLC, a person with knowledge of the transaction told Buyouts.


peHUB poll: Fundraising and the AIFMD

As if fundraising weren’t difficult enough, new and changing rules in Europe are likely to entangle — or perhaps strangle — GPs and LPs for years to come. Will the AIFMD affect your fundraising strategy?


Poll results: Half expect win at trial in collusion lawsuit

Often when we conduct these reader surveys at peHUB, we get runaway results, often (as I have frequently suspected) because the common background of our readers in the alternative investing arena leads them to share common views of issues in the news. Not this time.


peHUB Reader Poll: Whither the Collusion Lawsuit?

With the dismissal in August of Thomas H. Lee Partners LP from an antitrust lawsuit accusing major buyout firms of improperly colluding on take-private deals, seven firms remain as defendants. Where do you think the case ends up?


PE Secondaries: In Search of a Standardized Approach

In the evolving market for secondary sales of aging private equity portfolios, it is likely to take some time before dealmakers figure out approaches that will be relatively standardized, consistent and fair, says Trey Muldrow, an attorney at Akin Gump


For Aging Entrepreneurs, Assistance With Exits?

Buyout pros pride themselves on their ability not only to do deals and build companies but also to exit their investments in an efficient, profitable manner. Jerry L. Mills tells sister magazine Buyouts they might find it beneficial to offer some of that expertise to small businesses that could become deals for them in years to come.


Moore Capital Founder To Anchor $750M Senior Loan Fund

Billionaire hedge fund manager Louis Bacon is placing a big bet on mid-market lending by backing a new firm that is seeking to raise a $750 million debt fund aiming at the lower end of the middle market, two sources told sister magazine Buyouts.