Onex to triple credit AUM to $10 bln

By Lawrence Aragon — 5 years ago

Onex Corp’s credit wing plans to triple its assets under management to $10 billion by the end of 2017 from last year, driven by rapid expansion of collateralized loan obligations in the United States and Europe, the head of the unit said.

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ICV Partners closes Fund III at $400 million

By Steve Gelsi — 5 years ago

New York-based lower mid-market buyout shop ICV Partners hit its $400 million target for ICV Partners Fund III, and its president said the firm seeks to close two to three acquisitions per year on targets with EBITDA of  $10 million to $30 million.

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Warburg Pincus near deal to acquire Wencor

By Soyoung Kim — 5 years ago

Warburg Pincus LLC is close to a deal to acquire Wencor Group LLC, a manufacturer of commercial aircraft parts, for $800 million to $900 million, people familiar with the matter said.

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Benefit Street Partners hits $1.75 bln for Fund III

By Steve Gelsi — 5 years ago

Benefit Street Partners, the credit arm of Providence Equity Partners, said it closed its direct lending fund, Providence Debt Fund III LP, at its hard cap of $1.75 billion, well ahead of its $1 billion target, in a move to build up dry powder for mid-market financing deals.

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