Kirk Falconer
At $12.4bn, the flagship is already the largest in New Mountain’s 25-year history, exceeding by 29% the size of its 2020-vintage predecessor.
Tenex is 'in the process of creating a succession plan' for CEO and managing director Mike Green, pension documents said. Green founded the firm's predecessor in 1999.
Warren was a 'first mover' in its space, managing partner Steven Wacaster said, targeting thematic opportunities in businesses that maintain, operate and upgrade infrastructure.
Ares made it rain during an IPO drought when it brought Savers Value Village to market.
Deal activity in professional sports “presents unique risks and challenges that differ from traditional investments,” a Deloitte report issued this week said.
During fundraising, exits involving GroundWorks and Chauvet generated a 4.9x gross multiple and a 6.5x gross multiple, respectively, Cortec co-president Dave Schnadig told Buyouts.
Marquis tells us about her other dream job as NFL commissioner, her extensive work with not-for-profits and why she dislikes the phrase ‘lipstick on a pig.’
'We went from everybody wants to have an ILPA template to everybody wants ILPA-plus,' Petra managing partner Stephen Coats told Buyouts.
Rolled out late last year, Fund VIII is set to be 31% larger than its predecessor, closed in 2020 at $535m, ahead of a $425m target.
The more ambitious goal may owe to an anticipated surge in secondaries investing, driven by pent-up demand, especially among cash-hungry LPs.