Steve Bills
North Bridge Growth Equity has closed its second growth fund at $582 million, according to a regulatory filing. The North Bridge Growth Equity II fund attracted commitments from 62 investors, the filing showed.
The widely reported price tag of $24.9 billion to take Dell Inc private makes its deal with founder Michael Dell and the buyout shop Silver Lake the largest technology take-private in history.But that’s not the only way to look at it.
Just 14 months after launching its inaugural credit fund, the growth equity firm Summit Partners is coming back for more, and more than doubling the target from its predecessor, according to a regulatory filing.
The private equity adviser Hamilton Lane is poised to launch a mezzanine investment fund on behalf of the Florida State Board of Administration to invest in smaller companies in the state.
Before the financial crisis, big club deals were a thing. Today, the trend seems more toward LPs co-investing alongside their GPs. How does Pantheon see this trend evolving? If you go back to 2007, there were some very large transactions taking place, and capital was quite readily available with other sponsors, and there weren’t as […]
The long-awaited turnaround in Europe may be starting to happen, as Continental banking rules may soon prompt institutions to turn loose troubled loans that they have not yet been required to clear off their books, says Kelli Roiter, who runs the private equity fundraising business for the investment bank Jefferies & Co.
After a slow start, launching into a bubble that turned into a bust, the fund RLJ Equity Partners I LP has struck a succession of deals.
Aurora Capital Group has raised $550 million for its second fund targeting distressed investing, with a reconstituted management team, according to a regulatory filing.
Monroe Capital LLC expects to close a new senior loan fund at its $500 million hard cap, a person with knowledge of the effort told Buyouts.
Deal prices rose in the third quarter for U.S. sponsors, as price multiples widened for target companies and equity contributions ticked slightly higher, according to quarterly data from the Leveraged Commentary & Data division of S&P Capital IQ.