Hamilton Lane collects $200 mln for its initial SBIC fund

By Iris Dorbian — 3 months ago

Hamilton Lane has raised $200 million for its inaugural Small Business Investment Company fund. Investors included the New York State Common Retirement Fund, TD Bank, Bank of NY Mellon, HSBC Bank, Deutsche Bank and First Niagara Bank. The SBIC fund will focus on New York-based small businesses in various sectors.

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7 Mile Advisors taps Cowan as MD

By Iris Dorbian — 5 months ago

Investment bank 7 Mile Advisors has named Steven Cowan as a managing director. In his new role, Cowan will lead 7 Mile Advisors’ newly formed energy and industrial services team. Cowan’s previous work background includes senior banking positions at Jefferies & Company, Deutsche Bank and Canaccord Genuity.

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Apax to acquire controlling stake in FULLBEAUTY Brands

By Iris Dorbian — 6 months ago

Apax Partners has agreed to acquire a controlling stake in FULLBEAUTY Brands, a provider of plus-size apparel. The sellers are Charlesbank Capital Partners and Webster Capital; however, Charlesbank will retain a “substantial” ownership stake in FULLBEAUTY after the transaction closes. No financial terms were disclosed. J.P. Morgan Securities LLC and Jefferies provided financial advice to FULLBEAUTY, Charlesbank and Webster Capital while Deutsche Bank did likewise for Apax.

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BioLite picks up $5 mln

By Iris Dorbian — 6 months ago

New York City-based BioLite, a social enterprise that provides consumer energy products for off-grid communities, has secured $5 million in funding. The investors included Acumen, Clif White Road Investments, RRE Ventures, the Disruptive Innovation Fund, Deutsche Bank and USAID. In addition to the funding, Acumen’s Sachin Rudra has been named to BioLite’s board of directors.

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Madison Dearborn to acquire Patterson Medical for about $715 mln

By Iris Dorbian — 7 months ago

Madison Dearborn Partners has agreed to buy Patterson Companies Inc‘s medical business Patterson Medical for about $715 million in cash. The transaction is expected to be completed in the fiscal second quarter. BofA Merrill Lynch served as financial advisor to Patterson Companies while Barclays and Deutsche Bank advised MDP.

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Pollack joins Blackstone’s real estate group

By Luisa Beltran — 8 months ago

The Blackstone Group said Monday that Jonathan Pollack has joined the firm as a Senior Managing Director in its Real Estate Group. Pollack was previously a Managing Director and Global Head of Commercial Real Estate, as well as Head of Risk for Structured Finance, at Deutsche Bank.

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