Steve Bills
Monroe Capital LLC is extending its push into new lending markets by backing a start-up finance company that specializes in health care.
Firm: EnCap Investments LP Fund: EnCap Energy Capital Fund IX Target: $4.25 billion EnCap Investments LP is about to close its ninth oil and gas fund, David B. Miller, a managing partner of the firm, said at the Buyouts Texas conference in Dallas earlier this month. Miller mentioned the fundraising during a panel discussion on […]
The re-election of Barack Obama has crushed any hopes of rolling back first-term initiatives such as Dodd-Frank or Obamacare, and new concerns about the fiscal cliff are raising fears of changes to laws affecting carried interest, capital gains and the deductibility of interest payments.
If the Securities and Exchange Commission is slow to implement the marketing exemption of this year’s JOBS Act, it may be because regulators fear opening a vector that could be a “shill for fraudulent vehicles,” said Robert B. Kaplan, a partner in the law firm Debevoise & Plimpton LLP. The problem is not that established […]
Firm: The Halifax Group Fund: Halifax Capital Partners III LP Target: $350 million Amount Raised: $393 million Placement Agent: XT Capital Partners LLC Lower mid-market specialist The Halifax Group has topped its target for its third fund. Halifax Capital Partners III LP took in $393 million in commitments, handily ahead of its $350 million target. […]
Jim Millstein sees The Blackstone Group as a model for his fledgling financial services firm. Just as Blackstone Group began as an M&A advisory firm then expanded into principal investing, so Millstein sees a similar opportunity for Millstein & Co., which he launched in February with the backing of New York money manager Third Avenue […]
Scarcely a year after closing its first mezzanine fund, Kohlberg Kravis Roberts & Co. already is thinking about its successor as the mega-firm continues to diversify.
Irving Place Capital Partners is heading into the last lap of investing its long-gestating fund Irving Place Capital Partners III after a rocky run through the financial crisis.
Dodd-Frank might be only the beginning, warns Deborah Prutzman, CEO of the Regulatory Fundamentals Group, a startup dedicated to helping buyout executives navigate the new world of regulatory compliance. The 2010 financial reform law, formally the Dodd-Frank Wall Street Reform and Consumer Protection Act, has only begun to take effect, but Prutzman said she anticipates […]
Bolstered by an infusion of institutional commitments, OFS Energy Fund plans to step up its investments in small to mid-market service providers in the oil and gas industries. But while the firm may have the ability to do somewhat larger deals, Partner Jerad McMayon told Buyouts it is more likely that the Houston-based firm will choose rather to do more deals.