Joseph Weitemeyer
PRIVATE EQUITY FIRMS Genstar Capital promoted Sid Ramakrishnan to principal. Ramakrishnan originally joined Genstar in 2012 as an associate and rejoined in 2017 as vice president. David Yates joined Siris as an executive partner. Previously, Yates served as president of Mastercard’s new payment platforms and as executive chairman of VocaLink, a Mastercard company. Tarang Katira, […]
The past 12-month averages show just how far software deals lead the rest of the market in equity contributions, according to Covenant Review’s Trendlines Topical Report. Software deals require buyers to contribute more than 53 percent, more than any other sector.
Megafunds continue to bolster U.S.-based buyout and mezzanine fundraising. Since the last issue of Buyouts, fundraising added $28 billion to its year-to-date total, which now stands at $197 billion. That is a 93-percent increase from the $102.1 billion that buyout and mezzanine funds raised in the same period last year. TPG led the charge, raking […]
Equity valuations are up, which means PE firms are forced to pay more for each deal, according to Covenant Review’s Trendlines Topical Report. With lenders topping out around 7x for low-capex/high-growth companies, equity contributions are forced to track purchase prices higher.
Thirteen emerging PE funds raised more than $4.9 bln from July 3 to July 16 Third-largest haul of the year Searchlight Capital raised over $2.75 bln, the most of this period Despite slowing their pace, emerging managers had a consecutively strong fundraising period. Thirteen private equity funds hauled in more than $4.9 billion from July […]
Emerging Managers had another strong fundraising period, with 15 emerging managers raising more than $6 billion from July 3 through July 16, according to Buyouts data. That’s the third highest by emerging managers this year, slightly behind the total pulled in the most recent roundup, during which they raised nearly $6.9 billion. Searchlight Capital led […]
Eleven emerging PE funds raised more than $6.2 bln from June 19 to July 2 Second-largest haul this year Altas topped the list with more than $2.6 bln for Fund II Emerging managers enjoyed a recent surge in fundraising. Eleven emerging PE funds raised more than $6.2 billion from June 19 through July 2, according […]
Emerging Managers enjoyed a recent surge in fundraising. Twenty-four emerging managers raised more than $6.8 billion from June 19 through July 2, according to Buyouts data. That’s the second most pulled by emerging managers this year, behind only three weeks ago, when they raised $9.4 billion. Altas Partners rounded up the most. The Toronto-based firm’s […]
Here are the key statistics in private equity fundraising, deals and exits for the first quarter of 2019. Download the “Buyouts Insider Q1 2019 Highlights” slide show as a PowerPoint: Buyouts Insider Q2 2019 Highlights
PRIVATE EQUITY FIRMS CloudScale Capital Partners LLC named Matt Bross as a partner. Bross is a former CTO of British Telecom, Williams Communications and Huawei. Genstar Captial named Carolyn Greenwalt chief compliance officer for regulatory compliance and risk management. Greenwalt previously served as an attorney adviser at the U.S. Security and Exchange Commission. Great Hill […]