Apollo-backed Claire’s Stores cuts debt but falls into selective default
Claire’s Stores Inc, the specialty retailer backed by Apollo Global Management, managed to lower its [...]
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GTCR exec’s role grows in healthcare vertical after promotion
Eleven-year GTCR veteran Benjamin Daverman said he’s playing a greater role at the Chicago firm [...]
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Private Eye: Riverside broadens credit biz with software fund, senior lending efforts
The Riverside Company continued to diversify its business with the closing of a $50 million fund earmarked to [...]
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In rare move, Michigan picks up $25 mln Warburg stake on secondary market
State of Michigan Retirement Systems made what appears to be its first significant move as [...]
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Auction of Genstar-backed Ministry Brands starts: sources
The auction of Ministry Brands LLC, the software provider backed by Genstar Capital and Providence [...]
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Former Performance Equity executive Farooqi joins Stanwich
Danyal Farooqi, former director of business development with Performance Equity Management, joined placement agency Stanwich [...]
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Riverside micro-cap fund grows to $650 mln, ahead of target
Riverside Co closed its fourth microcap fund at its hard cap of $650 million, 30 [...]
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SEC drops senior adviser fee issue in final settlement with First Reserve
First Reserve agreed to a settlement with the SEC over issues of fees and expenses [...]
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Mike Nugent leaves Bison, provider of IR, benchmarking platform
Mike Nugent, a co-founder and chief executive of Bison, a five-year-old company that provides an online [...]
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GMB Mezzanine closes third fund on $290 mln
GMB Mezzanine Capital drew in $290 million for its third mezzanine fund, surpassing its 2012 [...]
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MidOcean to quadruple its money with System One sale: source
MidOcean Partners scored another strong return with the sale of System One to Thomas H. [...]
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Washington re-ups with Warburg Pincus for $200 mln
Washington State Investment Board committed $200 million to Warburg Pincus’s new China fund, which is [...]
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Corsair Capital is said to scoop up Repay
Corsair Capital LLC, a veteran financial services investor, has scooped up Realtime Electronics Payments, or [...]
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Align Capital hiring after four-month fundraise
Align Capital expects to hire at least one vice president, “a few” associates and an [...]
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UMich backs Grey Rock Energy, co-led by Gov. Perry’s son
University of Michigan earmarked $30 million to form a new relationship with Grey Rock Energy [...]
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Big data, mobile apps fuel surge in fintech venture funding
Fueled by trends in mobile computing and big data, funding for venture-capital startups in financial [...]
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Chart of the week: Closed deals slow and steady. Enough to win race against last year?
This year’s closed-deal sum has climbed at a stable rate through nearly three quarters. That steady [...]
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LP Scorecard: Oak Hill, KKR bring in big bucks for Oregon
From April 1, 2015 to March 31, 2016, Oregon Public Employees Retirement Fund’s private equity portfolio [...]
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