Kirk Falconer
Ryder named a senior managing director at OMERS unit Led an energy strategy at Blackstone Energy Partners Sourced energy deals at Morgan Stanley PE OMERS Infrastructure recruited Blackstone Group’s Michael Ryder as a senior managing director and head of its Americas team, a person familiar with the matter told Buyouts. Ryder joins OMERS Infrastructure, an investment arm of Ontario Municipal Employees […]
Sagard credit team led by Adam Vigna Other CPPIB credit execs moved to Sagard Target is $500 mln Sagard Holdings, an investment arm of Power Corp, has raised $260 million in the first close of a debut credit fund managed by former members of Canada Pension Plan Investment Board’s private debt group. Sagard Credit Partners […]
Neo Performance is the former Molycorp Offering, including greenshoe, could raise $272 mln All proceeds go to Oaktree Capital Neo Performance Materials, an advanced-materials supplier that emerged from bankruptcy in 2016, priced its recently filed initial public offering in Canada. The Toronto company is looking to raise $236 million (C$300 million) by selling common shares […]
New York private equity group One Equity Partners is approaching a deal for the contract sales arm of Quintiles IMS, according to people familiar with the matter. The anticipated deal would conclude a Goldman Sachs-run sales process that encompassed a limited group of financial and strategic participants, the people said. The Quintiles contract-sales business was […]
Onex Corp raised the target on Fund V after strong demand Held a first close on $5.2 bln in July Onex contributed more than $2.4 bln to the pool Onex Corp has so far raised almost $6.7 billion for its fifth flagship private equity fund, the firm said in an SEC filing. The Toronto investor also […]
Birch Hill Equity Partners’ recent wrap-up of its buy of CCM Hockey signals the start of a potentially fierce contest between hockey brands acquired this year by private equity firms. Birch Hill agreed in July to purchase CCM from Adidas for $110 million in cash and a secured note. The Toronto investor told Buyouts the deal closed last month. A storied, 118-year old […]
Novacap closes largest tech deal to date Pivotal is Montreal payment-processing company Novacap exec: potential for add-ons, expansion to new markets Novacap has closed the largest technology deal in the firm’s 35-year history, teaming up with Caisse de dépôt et placement du Québec to back a payment-processing company. Novacap and the Caisse today announced their investment in Pivotal Payments, […]
Minnesota Board of Investments realized over $1.8 billion in distributions from April 2016 through March 2017, with the wave led by funds from Varde Partners and Merit Energy Partners. In terms of pure distributions, no fund returned more in this period than Varde Fund X. Its $84.7 million in distributions exceeded the next highest returning fund […]
AreaOne Farms Fund III exceeds target by 30 pct Three Canada institutions joined current LP group AreaOne partners with producers in 10-year joint ventures AreaOne Farms wrapped up its third farmland private equity fund, raising C$130 million (US$103 million) thanks to institutional investors seeking initial access to agricultural assets. AreaOne Farms Fund III exceeded by 30 percent its […]
Initial close at 80% of target on Onex Partners V Fund positioned to be the firm’s biggest Fund V would be 14 pct larger than 2014 predecessor Onex Corp held an initial close on fundraising for its fifth flagship private equity fund, securing 80 percent of the $6.5 billion target. In its second-quarter report Onex said […]