Global Jet Capital to acquire GE Capital’s corporate aircraft portfolio

Global Jet Capital, a financing solutions provider for private jets, has agreed to buy GE Capital’s aircraft lease and loan portfolio reportedly valued at about $2.5 million. Deutsche Bank Securities Inc, BofA Merrill Lynch and Citi advised Global Jet Capital on the deal. Global Jet Capital, is backed by GSO Capital Partners, The Carlyle Group and AE Industrial Partners.


Carlyle exits Primatics Financial

The Carlyle Group has sold Primatics Financial to SS&C Technologies Holdings Inc for $122 million. Based in McLean Virginia, Primatics is a provider of accounting, forecasting, regulatory reporting, reserving and stress testing solutions to financial institutions holding or acquiring loans.


Allergan to buy VC-backed AqueSys for $300 mln

Allergan plc has agreed to acquire Aliso Viejo, California-based medical device company AqueSys for $300 million upfront in cash. The deal is expected to close in the fourth quarter of this year. AqueSys’ backers include Accuitive Medical Ventures, The Carlyle Group, Longitude Capital, Rho Ventures and SV Life Sciences.


Arlington Capital to sell Novetta to Carlyle

The Carlyle Group has agreed to acquire McLean, Virginia-based Novetta, a provider of advanced analytics solutions, from Arlington Capital Partners. No financial terms were disclosed. Morgan Stanley & Co LLC and Houlihan Lokey provided financial advice to Novetta and Arlington Capital Partners on the transaction while Jefferies was financial advisor to Carlyle.


UBS taps Goldman Sachs’ Justicz as MD

UBS has named Max Justicz as a managing director in its Americas Financial Sponsors group, the company announced today in a memo. Justicz will join UBS in the fall and be coming from Goldman Sachs. There he has served as primary coverage banker for various private equity firms and their portfolio companies that include Carlyle, CVC Capital, BC Partners, Permira, Riverstone, Silver Lake, Jordan, New Mountain Capital, Oak Hill and CCMP Capital.


Rush of dividend loans for US private equity firms: Reuters

Private equity firms are borrowing to finance dividend payments from portfolio companies at the highest rate since the third quarter of 2013, according to Thomson Reuters LPC data, as a lack of new buyout deals leaves asset-hungry high-yield investors with few other lending options, Reuters reported.


Cowen to buy Conifer Securities

Cowen Group has agreed to acquire Conifer Securities LLC, the prime services unit of Carlyle-backed Conifer Financial Services LLC. No financial terms were disclosed for the deal that’s expected to be completed in the third quarter of this year.


TIAA-CREF’s Churchill taps Carlyle’s Cox for senior MD and chief risk officer

TIAA-CREF subsidiary Churchill Asset Management LLC has named Christopher Cox as a senior managing director and chief risk officer. Prior to joining Churchill, Cox worked at The Carlyle Group where he served as a principal and chief risk officer at Carlyle GMS Finance. Based in New York, Churchill Asset Management is a provider of middle-market lending and senior debt financing.

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget