Makena Capital Management taps Clayton as vice chair and former ambassador Burns for board

Makena Capital Management has named Kevin Clayton as vice chairman. Clayton, who is a former principal at Oaktree Capital Management LP, will also join Makena’s board of directors. Also, Makena has added now retired U.S. foreign diplomat William Burns to the board of directors and named him a special advisor. Burns is the president of the Carnegie Endowment for International Peace. He has also served as Deputy Secretary of State under John Kerry and Hillary Clinton and was U.S. Ambassador to Jordan under President Bill Clinton and U.S. Ambassador to Russia under President George W. Bush.


Blackstone acquires 16 UK logistics assets

Blackstone Real Estate Partners Europe IV has acquired 16 UK-based logistics assets from a joint venture between Oaktree Capital Management LP and Anglesea Capital. The acquisition is for Blackstone’s European logistics company Logicor. No financial terms were disclosed.


Oaktree Capital to buy Pulse Electronics Corp

Oaktree Capital Management has agreed to acquire Pulse Electronics Corp, a provider of electronic components. The value of the transaction is for $17 million. Houlihan Lokey Capital Inc served as financial advisor on the deal.


Oaktree invests in Hartree Partners

Oaktree Capital Management LP has acquired Hess Corp‘s stake in HETCO, a marketer and trader of energy commoditiesNo financial terms were disclosed. As a result of the transaction, HETCO will change its name to Hartree Partners LP.


PE-backed AdvancePierre Foods to acquire Landshire operations

AdvancePierre Foods, which is backed by Oaktree Capital, has agreed to buy the wholesale and manufacturing operations of Landshire Inc, an Illinois-based sandwich products maker. No financial terms were disclosed for the transaction that is expected to be completed during the first quarter of this year.


Aqua Capital acquires and merges Comfrio and Stock Tech

Comfrio Soluções Logísticas and Stock Tech Logística, both of which are owned by Aqua Capital, have merged to become a cold storage business in Brazil. No financial terms were disclosed. The transaction was made after Aqua bought the remaining equity of Comfrio, which it had previously co-owned as well as 100 percent of Stock Tech. Also, AGRO Merchants Group, which is backed by Oaktree Capital, has acquired a stake in the combined company and been added to its board of directors.


Creditors may seize control of Altegrity-NY Post

Oaktree Capital Management and other lenders are close to striking a deal with Providence Equity Partners to take control of the security company that vetted former spy agency contractor Edward Snowden, the New York Post reported.


peHUB First Read

This morning’s First Read brings another round of charges aimed at big banks, Oaktree names its first CEO, another mega-medical merger rears its head and a legendary television show to return.

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Top 10 posts: private equity

PE stories trending on peHUB this week: how to go from VP to partner, an end to the drama at Centerplate, and job openings at CalPERS, Tritium Partners and more.

Actress Jennifer Lawrence attends the "X-Men: Days of Future Past" world movie premiere in New York

peHUB Second Opinion

In Second Opinion, Apple denies that an iCloud breach caused the theft of celebrity nude photos, Credit Suisse investigates two traders on its European equities sales team in London and FanDuel raises $70 mln.


Oaktree Capital’s Townsquare Media updates IPO terms

According to an updated SEC filing, Townsquare Media, a portfolio company of Oaktree Capital Management, will sell 8.3 million shares of its IPO at a price between $14 and $16 per share. The company is planning on listing the stock on the NYSE under the ticker symbol “TSQ.” BofA Merrill Lynch, Jefferies and RBC Capital Markets will serve as the lead underwriters. Based in Greenwich, CT, Townsquare Media is a radio station operator.

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Top 10 posts

Trending on peHUB this week: Glenn Beck fundraising for TheBlaze, Spectrum Equity raising another $1 billion fund, and VCs getting excited about real estate websites.

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