Bernard Vaughan

The debate over raising the tax rate on carried interest has re-ignited, after President Barack Obama promoted the idea indirectly in his June 29 press conference as a way to raise revenue and close the ballooning budget deficit. Meanwhile, two other potential tax issues loom for buyout professionals, including the deductibility of interest expenses and […]

An executive at Solamere Capital LLC, the fund-of-funds manager and co-investment firm founded by Mitt Romney‘s son Tagg Romney, is once again taking a leading role in the presidential candidate’s fundraising effort, Tagg Romney told Buyouts. Managing Partner Spencer Zwick, who helped Tagg Romney establish Solamere Capital, is finance chair for the Romney campaign, working […]

Target: U.S. Security Associates Inc. Sponsor: Valour Holdings LP Seller: Wind Point Partners Wind Point Partners appears posed to sell U.S. Security Associates Inc., a Roswell, Ga.-based company that provides security, janitorial, maintenance and other services, according to a regulatory filing. If the sale is a full exit, it will have been a long time […]

Firm: Resilience Capital Partners LLC Fund: Resilience Fund III LP Target: $250 million Placement Agent: Griffin Financial Group LLC Resilience Capital Partners LLC, a Cleveland-based buyout shop, has raised at least $132.25 million for its third fund, according to a recent regulatory filing. The firm expected to close on another $30 million by June 25, […]

Firm: Centerfield Capital Partners Fund: Centerfield Capital Partners III LP Target: Unclear Amount Raised: $59.85 million Centerfield Capital Partners has raised $59.85 million from 23 investors so far for its third fund, according to a recent regulatory filing. It unclear how much the Indianapolis-based firm is seeking to raise for the fund, Centerfield Capital Partners […]

Firm: Harvest Partners Fund: Harvest Partners VI LP Target: $800 million Placement Agent: Credit Suisse Harvest Partners LLC has so far raised at least $441.95 million for its sixth fund, according to a recent regulatory filing. The New York-based firm is seeking $800 million altogether for the fund, Harvest Partners VI LP. Credit Suisse, which […]

Sponsor-backed restaurant deals proliferated in late May. The most high-profile deal was Golden Gate Capital Corp.‘s agreement, announced May 25, to take California Pizza Kitchen Inc. private for $470 million, more than a year after the company began looking for a buyer. Meanwhile, that same week, Buyouts reported that Bruckmann Rosser Sherrill & Co. agreed […]

Firm: Tuckerman Capital Fund: Tuckerman Capital IV LP Target: $100 million Placement Agent: None Tuckerman Capital, a private equity firm with a unique strategy of investing only in fundless sponsors, is in the early stages of planning its fourth fund, co-founder Timothy Briglin told Buyouts. Starting sometime early next year, the Hanover, N.H.-based firm will […]

Firm: KSL Capital Partners LLC Funds: KSL Capital Partners III LP Target: $1.5 billion, $2 billion hard cap Placement Agent: Probitas Partners KSL Capital Partners LLC is preparing to close its latest buyout fund in June with $2 billion in commitments, a source familiar with the fundraising effort told Buyouts. The fund close is notable […]

Firm: Centerbridge Partners LP Fund: Centerbridge Capital Partners II LP Target: $3.75 billion Placement Agent: Park Hill Group LLC Centerbridge Partners LP has so far raised more than $3.8 billion for its second fund, according to a recent regulatory filing. Buyouts reported in August 2010, when the firm began marketing the fund, that the New […]