David Toll
You can tell a lot about the performance of a non-listed real estate fund by knowing the performance of its immediate successor or predecessor, according to a new academic paper. But over longer periods of time, funds show few predictive powers regarding the performance of funds raised by the same manager.
Bain Capital, among the most high-profile buyout shops still in private hands, has hired Ernesto Anguilla as a senior vice president for global communications. Anguilla is the firm’s first executive to focus exclusively on media relations, corporate communications, civic outreach, and related work.
Are you a member of the Buyouts LinkedIn group? If not, here’s what you’re missing.
Howard Margolis has left advisory shop Morgan Creek Capital Management as managing director and head of the real assets investment program.
Ennis-Flint, a supplier of road paint used to make double-yellow stripes along the middle of roads, has recently been on the block in a deal that could exceed $575 million in enterprise value, according to two sources familiar with the auction. Harris Williams & Co, a Richmond, Va.-based investment bank, was tapped to represent the seller.
FLAG Capital Management LLC filed a flurry of Form Ds with the Securities and Exchange Commission in late October, suggesting it has made good headway on its latest series of funds of funds earmarked for venture capital and buyout funds.
Bertram Capital, a Northern California shop that has begun discussing the launch of a third fund, has been expanding efforts to improve the performance of its portfolio companies through a 22-person software development and digital marketing group.
Frank (Tripp) Brower III, a founder of Dallas-based placement agency Capstone Partners, died on Sept. 29 of multiple myeloma, at the age of 53, after a 16-month battle with the form of blood cancer. From a standing start in 2001, Brower helped build Capstone Partners into a global player, raising money from offices in Dallas, […]
A study of restaurant chains with outlets in Florida, some owned by sponsors, some not, found that those outlets under private equity ownership become “cleaner, safer, and better maintained.” The study also saw evidence that these restaurants reduce payrolls while lowering prices charged to customers.
Atlas Holdings, a Greenwich, Conn. turnaround shop that has a made a big bet on the construction market, has begun talking to limited partners about raising a successor to its $365 million debut fund closed in 2010.