Eamon Murphy
Sasha Jensen began her professional life as a journalist, working as head of investigations for the Sunday Independent in Johannesburg before a stint on Fleet Street. In London, she recalled, she happened to be introduced to the CEO of a finance search firm who “suggested that the commodity we have as journalists, which is the […]
SNAPSHOT Company: Groupe Marle Lender: Capzanine Legal advisor: DLA Piper Financial adviser: Natixis Partners WHY THEY WON 37 pct IRR; 7.3x multiple Increased number of employees from 192 to 578 Expanded into new products and processes and entered new markets When Carlyle Group sold its 80 percent stake in Groupe Marle in January 2016, the firm handed over control of […]
Paul Aversano, a managing director in private equity services at Alvarez & Marsal, had never seen a January quite so busy as this one. “I’ve been at A&M for 11 years,” Aversano said. “I was one of the co-founders of this practice at this firm. I’ve grown it out as a global business. Historically, January has been […]
Conner Searcy got “the bug” for the turnaround business working at Bain & Co. early in his career, experience that comes in handy in today’s energy environment. “We were really operational consultants, if you will, and we were working for private equity firms,” Searcy said, “and so we got to see the value that could […]
Firm’s healthcare team closed 27 transactions in 2016 $643 mln of new loan commitments Forecasts a busy 2017 amid political shifts Madison Capital Funding’s healthcare team is coming off a strong 2016, including 27 transactions closed and $643 million of new loan commitments. And team leader Adam Willis said the sector outlook continues bright. “A lot […]
AIC sees Trump administration with real-world practioners GPs could be target of bankers looking to deflect populist anger No regulation is not a good outcome Private equity’s trade association, the American Investment Council, says the Trump administration could be good for the industry. James Maloney, vice president of public affairs at the AIC, said at Buyouts’ Emerging […]
Last year, Vision Capital launched a new strategy. The London firm, focused on direct secondaries, had become aware of a need among private equity funds for financing outside their investment periods. With assets being held longer, “there typically is more capital that is needed later on during the life of the fund,” said Emil Fajersson […]
As Brazil tries to navigate out of recession and political turmoil, it’s also attempting to attract private capital. Recently, the Japanese financial-services group ORIX Corp acquired a controlling interest in RB Capital, a Brazilian capital-markets and asset-management platform. And Hideto Nishitani, who leads ORIX USA, RB Capital was attractive because of its “very good investor base and deal-making […]
First close on Fund III was in March 2015 Firm adds new LPs to third vehicle Popularity of private credit funds on the rise CRG LP, the Houston healthcare investor, held a final close on its third private credit fund, hitting the hard cap of $1.25 billion. The first close was in March 2015, with the […]
Curt Futch was in charge of opportunistic strategies at Crestline Investors when the financial crisis hit. He had joined the firm in 2006 to manage “an open-ended, relatively ill-defined fund that they were able to raise with two of their LPs to do special situations, best ideas, some joint ventures, direct trading,” he said. Then in 2008 there […]