What we know First of all, there’s Wachovia Capital Partners. It’s located under Wachovia’s “Capital Markets: Principal Investing” division. The firm has invested $3.5 billion in more than 200 mid-market companies, and its partners have been together since 1988. It’s based in Charlotte, N.C., and led by Scott B. Perper, Frederick W. Eubank, II and L. Watts Hamrick, III. According to the firm’s web site, it can do turnarounds, mezzanine, MBOs, LBOs, growth, and recap investments. What’s the status of its funds?