Summit Partners, the Boston-based growth-equity firm, is developing a taste for standalone credit investing, raising almost double the amount for its sophomore debt fund as it had for its inaugural pool.
New York-based private equity firm Sycamore Partners LP announced that it has raised $2.5 billion for its second fund.
First Reserve Corp, the Greenwich, Connecticut-based energy industry specialist, has announced the final close of its sophomore infrastructure fund.
Leeds Novamark Management LLC has closed its inaugural senior and subordinated debt fund at more than $236 million, above its $225 million target, the firm announced.
Two executives at Madison Capital Funding LLC, the middle-market senior loan and equity co-investment arm of New York Life, have left the firm to join Ares Management LLC, according to two sources.
1. You are one of the founding partners of Paine and Partners. How did the firm evolve form being a general buyout shop to having a specialization in food and agribusiness?
One difficulty in raising capital is the inefficiency of the private fund marketplace, said Dan Vene, the chief executive of iCapital Network, a fledgling website that seeks to provide a matchmaking service—and more—to firms and their investors.
1. You recently floated $250 million of unsecured notes, one of the first business development companies to take this route. What does this mean for you?
LS Power Equity Advisors LLC has closed its third energy fund at its $2.075 billion hard cap, exceeding its target of $1.5 billion, the firm announced Wednesday.
Just 19 months after taking the company private, buyout shop One Equity Partners appears to be poised to default on a $515 million financing package for portfolio company MModal Inc.
With a new $2.2 billion fund in hand, Trilantic Capital Partners, which emerged from the ashes of Lehman Brothers, is poised to develop its first portfolio entirely as an independent firm.
Next time really will be different, and not in a good way, investors in distressed debt fret.
The Carlyle Group LP plans to build on energy funds to power its fundraising in 2014, co-founder David M. Rubenstein told analysts Wednesday on a call to discuss the firm’s fourth quarter earnings.
Executive discusses the state of the world economy and how it impacts Z Capital’s investments
The next great idea for innovating in business is probably not going to come from a spreadsheet, says Todd Rovak, a managing partner at the consulting firm Fahrenheit 212.
Robert L. Johnson, a cable television pioneer turned investment mogul, has added another arrow to his strategic quiver by launching a credit fund targeting lower mid-market companies.
The multi-strategy private equity firm H.I.G. Capital LLC has closed its sophomore fund for mid-market buyouts at its $1.75 billion cap, the firm announced.
David Rubenstein, co-founder and co-CEO of The Carlyle Group, says a degree in humanities is an ideal foundation for a career in private equity.