Searchlight gets ready to launch Fund II

Searchlight Capital Partners, which started life with much fanfare in 2010, has been talking to potential limited partners about targeting up to $1.5 billion for its second fund, according to three people with knowledge of the firm.


Apollo in the lead to acquire Protection 1 — Reuters News

Private equity firm Apollo Global Management LLC (APO.N: Quote, Profile,Research, Stock Buzz) is in advanced talks to acquire Protection 1 in a deal that could value the U.S. home security company at close to $1.5 billion, including debt, sources told Reuters News.


The pension and the placement agent

CalPERS will continue to be a major backer of private equity funds, only it’s arguably being more selective about where it parks its money, and on what terms (compared to the Golden Era).


peHUB Second Opinion

In Second Opinion, AT&T is still throttling unlimited data customers, Instacart is close to raising a Series C round that’s north of $100 mln, Bebe gets hacked and Russia threatens to ban BuzzFeed.


Apollo to acquire Presidio from American Securities

Apollo Global Management has agreed to buy Presidio from American Securities. No financial terms were disclosed. LionTree Advisors was financial advisor to Apollo on the transaction while Barclays Capital and Credit Suisse Securities acted as financial advisors to Presidio. Presidio is an IT infrastructure solutions provider.


Apollo Global to acquire oil field services firm Express Energy

Apollo Global has agreed to buy Express Energy Services from its existing shareholders. No financial terms were disclosed for the transaction, which is being done with Express management. Based in Houston, Express is a provider of products and services for the petroleum and energy sectors.


Apollo launches Alteri Investors

Apollo Global Management said Monday it is launching Alteri Investors, a partnership between Apollo’s credt business and a team led by former GA Europe CEO Gavin George. The joint venture will focus on financing opportunities in performing, stressed and distressed retail sector situations in Europe. Alteri will target the U.K. and Germany and will invest in retailers through both debt and equity transactions, typically in the £10 million to £50 million range.

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