Steve Gelsi
The $437 million cash sale of luxury home products maker WWRD Holdings Ltd to strategic buyer Fiskars Corp capped one of the most dramatic turnarounds in the 24-year history of KPS Capital Partners, the co-founder of the industrial turnaround specialist said.
Apollo Global Management raised $5 billion in fresh capital during the first quarter, with the firm expecting its latest funds for natural resources and U.S. real estate to top their predecessors.
CIVC Partners plans to raise at least $375 million for its fifth buyout fund after the predecessor pool from the 25-year-old private equity firm turned in healthy performance, according to public filings.
David Weild, an expert on market structure and a public proponent of the 2012 Jumpstart Our Business Start-ups Act, or JOBS Act, continues his work to develop the products, services and policies to improve the level of capital-creation in U.S. stock markets.
Buyouts sits down with Paul Levy, managing director of JLL Partners, to get insights into portfolio company Builders FirstSource.
Carlyle Group is finding strong interest from wealthy individuals in a fund in which they can invest a minimum of $50,000. The fund, CPG Carlyle Private Equity Fund LLC, tips the scales at more than $550 million since Carlyle teamed up with Central Park Group to launch the vehicle.
How did First Reserve Corp’s Fund X generate an IRR greater than 36 percent? Buyouts talked to firm co-founder, Vice Chairman and Managing Director John Hill to find out.
JLL Partners said it’s funding a $550 million dividend recap through high-yield debt for portfolio company DPx Holdings, just one year after forming the pharmaceutical services platform in a deal with Royal DSM.
Oaktree Capital Group’s distressed credit funds drew in more than $11 billion in commitments in the first quarter, including a $7.1 billion first closing for Oaktree Opportunities Funds X and Xb, according to the firm’s latest earnings report.
Carlyle Group said it raised $4.4 billion in new capital in the first quarter, led by an expected $3.9 billion for Carlyle Europe Partners IV and a final close on Carlyle-backed NGP Natural Resources XI at its $5.3 billion hard cap, among others.