President Bill Clinton (L) speaks with adviser Mark Penn (C) and journalist David Talbot on Dec. 31, 1997. Photo by Joe Talbot, White House photographer, sourced from Wikimedia Commons.
Stagwell wants to cash out early investors and raise fresh capital for investments
Unclear if AlpInvest is leading deal on its own or part of consortium
Stagwell is led by ex-Clinton adviser Mark Penn
AlpInvest Partners is lead investor in a liquidity process by Stagwell Group, the investment firm formed by ex-Bill Clinton adviser Mark Penn, sources told Buyouts. It’s not clear if AlpInvest is leading a consortium or working alone. Chris Ullman, spokesman ...