manoj.b@eempl.com

With the fate of the Affordable Care Act hanging in the balance, regulatory changes are expected to be the biggest factor to affect private equity in the next year, a survey from SS&C Technologies Holding says. Roughly half, or 47 percent, of executives questioned said pending legislation would have the largest effect on PE. Transparency […]

Tecum Capital Partners has partnered with a family office to launch a private equity fund. Tecum Equity Partners III LP is a $50 million committed pool of capital backed by Western Allegheny Capital. Tecum Equity III will target control investments in industrial, distribution and more cyclical sectors like machine shops, tool and die, as well […]

Since Earvin “Magic” Johnson left basketball, his biggest challenge has been gaining acceptance from institutional capital. Johnson, a force on five championship teams with the National Basketball Association’s Los Angeles Lakers, told a dealmaker-packed room at ACG’s InterGrowth that California Public Employees’ Retirement System rejected him five times before it agreed to partner with him. Success […]

The stock market’s positive reaction to Donald Trump’s presidency has surprised many, according to private equity executives who attended the 23rd Annual Columbia Business SchoolPrivate Equity and Venture Capital Conference. The markets were expected to “take a hit” with Trump’s election, said Habib Kairouz, managing partner of Rho Capital Partners. “They didn’t,” Kairouz said. Last […]

Antony Karabus is CEO of HRC Retail Advisory, the Northbrook, Illinois, consulting firm. For more than 25 years Karabus has advised retailers, including a number that are PE-backed, on financial-performance issues. How has the market changed for retailers? The most fundamental changes are probably these three major secular trends. First, there is a huge shift to […]

Rahul Gupta, CEO of RevSpring, has more than 30 years of experience in the financial services and payments industries. Before joining RevSpring in January, Gupta was executive vice president and group president of billing and payments solutions for Fiserv. He also served as president of U.S. operations for eFunds, which was acquired by Fidelity Information […]

Private equity has snatched back some of its recruiting mojo from hedge funds. More than three-quarters, 77 percent, of analysts said they were “very interested” in pursuing PE after finishing with investment banking, a survey from Odyssey Search Partners shows. A bit more than a quarter, 26 percent, favored entering equity or credit hedge funds, Odyssey said. […]

More than half of GPs in the Americas don’t think political issues will much affect their investment strategies or opportunities. In fact, most say 2017 will be better than last year, a survey from Augentius shows. The private equity fund administrator asked GPs and LPs whether the election of Donald Trump, Brexit or the forthcoming European elections […]

Nick Lewin is founding partner of Crown Predator Holdings, the New York VC firm targeting later-stage investments in growth-stage companies and special situations. Sectors of focus include biotech/healthcare, energy, media, security, sports and technology. What types of deals does Crown Predator look for?  We’re not doing startup stuff. We’re not doing ideas on napkins or […]

Ardian has seeded, with $100 million, a new middle-market firm launched by the former head of GE Equity. Juna Equity, formed by Patrick Kocsi, who ran GE Capital’s private equity unit for three years, will seek non-controlling stakes. The firm (the name references the first names of Kocsi’s two kids) will typically invest $5 million […]