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Kirk Falconer

Orangewood Partners raised more than $100 million in the first close of its second long-term, mid-market fund, a person with knowledge of the matter told Buyouts. Launched in the summer, Orangewood Partners II last month raised initial commitments primarily from high-net-worth investors and institutions, the source said. Many of the investors were partners in prior […]
Altas Partners, a pioneer of long-life investing, has wrapped up its second fund at a hard cap of $3 billion, Buyouts has learned. Altas Partners Holdings II is triple the size of its predecessor, which secured $1 billion in 2016. Prior to Fund I, the Toronto-based private equity firm invested deal-by-deal by partnering with select […]
PRIVATE EQUITY FIRMS Welsh, Carson, Anderson & Stowe promoted three executives to general partner: David Caluori, Ryan Harper and Frances Higgins. The firm also appointed Lee Cooper, Tim Clifford, Emanuele Conti and John Fay as operating partners. Cooper was president and CEO of GE Healthcare Systems, U.S. and Canada; Clifford was president and CEO of […]
Darrin Pickett has been appointed by CBRE Caledon to lead an asset management strategy for the firm's global infrastructure portfolio.
L Catterton secured nearly $446 million toward a $625 million target for its fourth consumer-focused growth equity fund, according to an SEC filing. L Catterton Growth Partners IV is poised to wrap up in early 2020, a person with knowledge of the matter told Buyouts. If this happens, the fund will be the largest raised under […]
Energy Spectrum Partners secured $950 million for its eighth midstream energy private equity fund, according to an SEC filing. The amount raised, which includes commitments from the general partner, puts Energy Spectrum Partners VIII within reach of its $1.3 billion target. If successful, the fund will be 6 percent larger than Fund VII, which closed in […]
Glen Silvestri, a former Ontario Teachers’ Pension Plan executive, launched the inaugural fund of his new shop called Sage Capital. Toronto-based Sage, a search fund investor formed by Silvestri and Jon Piurko, set a $35 million target and $40 million hard cap for Sage Capital Fund I. It is expected to raise up to 70 […]
TPG collected more than $1.7 billion for its second impact fund, according to an SEC filing, despite the departure this year of the vehicle’s CEO due to charges involving a college admissions scandal. In March, TPG fired Bill McGlashan after federal authorities charged him and other wealthy parents with using fraud to get their children […]
Willowridge Partners launched marketing on its eighth flagship fund, setting a target of $650 million, according to an SEC filing. If successful, Amberbrook VIII would be 30 percent larger than its predecessor, which closed in 2016 at a $500 million hard cap. At present, the New York-based private equity firm manages about $1.4 billion of […]
U.S.-based buyout and mezzanine fundraising started off the fourth quarter of 2019 as aggressive as it has been all year. Since the last issue of Buyouts, fund managers added $5.1 billion to the year-to-date total, which is now more than $251 billion. Paine Schwartz led the latest round of fundraising with the close of its […]
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