Steve Gelsi
Lender adds team from Salus Capital Partner Monroe CEO sees deals in pipeline Business could grow to hundreds of millions Monroe Capital CEO Ted Koenig said the Chicago-lender may book hundreds of millions in new loans in the next year as it rolls out its new asset-based lending unit for retail and consumer products. “We’re […]
An interview with Ethan Vogelhut, vice president of Adveq, an asset manager that invests in private equity and real assets on behalf of pension funds, insurance companies, family offices and financial institutions. Adveq has more than $6 billion in AUM. 1. As head of Adveq’s Opportunity program, you oversee all of Adveq’s U.S. buyout and turnaround […]
SSA & Co offers guidance and expertise throughout the ownership cycle of portfolio companies, from pre-acquisition, to post acquisition and exit with an eye on creating additional value at each step of the way. During the purchasing phase, the firm provides insights on EBITDA, cash flow and other metrics of acquisition targets during operational due […]
Firm: Pantheon Fund: AMG Pantheon Fund LLC Target: Fund registered to sell $500 mln Pantheon’s new AMG Pantheon Fund marks the manager’s first product built from the ground up for retail investors under the same regulatory regime as publicly traded mutual funds. “It’s intended to be a long-term vehicle for people to come into and let their […]
Firm: Coller Capital Fund: Coller International Equity Partners VII Target: $5.5 bln Hard cap: $6 bln Amount raised: Approaching $5.5 bln Coller Capital is approaching its $5.5 billion target for its seventh fund aimed at secondary investments in private equity, part of a crop of larger funds in the space, according to a source. Coller […]
Antares teaming up with CPPIB, Ares and others Carlyle, Madison Capital and others working together Market competitive despite slower M&A Middle-market lenders said they’re seeing more club deals involving multiple parties in unitranche loans, which weave senior and subordinated debt into one instrument, as part of a changing dynamic in the space. In recent years, […]
Firm: Arsenal Capital Partners Fund: Arsenal Capital Partners IV LP Target: $1.25 bln Arsenal Capital Partners held a first close on its fourth buyout fund toward a target of $1.25 billion, well above its predecessor, according to a source. The source described the first close level as “substantial,” but declined to be more specific. A […]
Firm: ACON Investments Fund: Acon Equity Partners IV Target: $1.07 bln Amount raised: $578.2 mln Placement Agent: Evercore ACON Investments has pulled in $578.2 million in commitments for its fourth flagship fund, marking the international buyout shop’s rapid return to the fundraising market, according to filings. With a target of $1 billion for ACON Equity […]
Firm raising core plus real estate fund Carlyle planning update on Carlyle Global Partners fund Firm expects more participation from Asian sovereign wealth funds Carlyle Group said it continues to see strong interest in its many funds in the market from insitutional investors and high net-worth individuals, as it plans to launch a new infrastructure […]
Firm tops year-ago figure of $2.3 bln Apollo’s second natural resource fund holds first close Firm holds final close on third structured credit recovery fund Apollo Global Management said it drew in $3.3 billion of fresh capital in the third quarter, led by a $1.3 billion first close for its second natural resources fund, topping […]