Franklin Square backs Audax portfolio company Rogue Wave Software

By Iris Dorbian — 4 months ago

Franklin Square Capital Partners’ FSIC funds, which are sub-advised by Blackstone’s GSO Capital Partners, has provided undisclosed financing to Rogue Wave Software. A portfolio company of Audax Group, Rogue Wave is a provider of cross-platform software development tools and libraries. The loan will be used to pay down Rogue Wave’s debt and for it to acquire Zend Technologies, a web and mobile application development for the PHP web language.

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

By Iris Dorbian — 4 months ago

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.

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Residential solar firm Sunnova racks up $250 mln

By Iris Dorbian — 1 year ago

Residential solar service firm Sunnova Energy Corp. has raised $250 million in funding. Franklin Square Capital Partners, which is advised by Blackstone‘s GSO Capital Partners, led the round that also included Triangle Peak Partners. Barclays served as placement agent to Sunnova on the transaction.

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Blackstone’s GSO Capital, Franklin Square, Carlyle and AE Industrial form Global Jet Capital

By Iris Dorbian — 1 year ago

Blackstone‘s GSO Capital Partners, Franklin Square Capital Partners, Carlyle and AE Industrial Partners have teamed up to launch Global Jet Capital, which provides leasing and lending solutions for business jets. According to the new company, Global Jet Capital has “the financial capacity to fund more than $2 billion in aircraft financing for individual, corporate and government use globally.”

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Dunes Point Capital buys Alco-owned assets

By Iris Dorbian — 2 years ago

Dunes Point Capital has acquired a group of assets owned by Alco Industries. No financial terms were disclosed. DPC Investment Partners provided the equity for the deal; Blackstone‘s credit arm GSO Capital Partners and PNC Bank provided the debt. Alvarez & Marsal Transaction Advisory Group provided financial advice to DPC on the transaction while Houlihan Lokey was financial advisor to Alco.

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Five Point and GSO invest in Twin Eagle

By Iris Dorbian — 2 years ago

Five Point Capital Partners and GSO Capital Partners have acquired a 50 percent stake in Twin Eagle Resource Management from Chesapeake Energy Corp. and LS Power Group. No financial terms were disclosed. Also, Five Point, GSO and Twin Eagle’s management have committed to invest up to an additional $200 million to support Twin Eagle’s next growth phase. Headquartered in Houston, Texas, Twin Eagle is a natural gas and power marketing company.

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Florida Reaches Torrid $6 Billion Commitment Pace

By Gregory Roth — 3 years ago

The pace of new private equity and alternative investments at the Florida State Board of Administration is likely to reach about $6 billion in fiscal 2012-2013, as Florida’s primary $126 billion pension fund gradually ramps up its allocations to so-called strategic investments from zero to 11 percent of the portfolio…

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Legacy Reserves Announces New CFO

By Connie Loizos — 3 years ago

Midlands, Texas-based Legacy Reserves has appointed Dan Westcott as Executive VP and CFO, effective later this month. Westcott was previously a principal at GSO Capital Partners, a division of the Blackstone Group. Legacy Reserves is an independent oil and natural gas limited partnership that is focused on the acquisition and development of oil and natural gas […]

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