Steve Gelsi
Crestline-Kirchner Private Equity Group recently stepped in as manager for an underwater hedge fund launched by the late Richard Medley, in an unusual transfer of control to run the portfolio as a private equity pool.
The Blackstone Group raised about $500 million last year for a new strategy aimed at individual investors, part of a huge fundraising year for the world’s largest private equity firm.
Transom Capital Group has sealed about $44 million in LP commitments for its second middle-market fund, which is targeting $125 million.
Carlyle Group has named Jonathan Seidman head of consultant relations for its Solutions Group, the private equity firm’s $54 billion unit that includes AlpIvest, Metropolitan Real Estate and hedge fund specialist Diversified Funds Solutions.
Secondary specialist Lexington Partners has topped $7 billion in commitments for its eighth flagship fund, with expectations of wrapping up the effort in April.
Siris Capital is wrapping up its third flagship fund with $1.75 billion in commitments, above its $1.5 billion hard cap, according to a source.
Private equity firms now comprise a minority of Advanced Medical Pricing Solutions’ customer base, but CEO Mike Dendy sees his company’s healthcare cost audits as a natural fit for sponsors.
Firm aims to raise $542.3 mln Amount raised to date is $281.5 million FirstPoint Equity is placement agent U.S. investors have kicked in about $62 million out of a total of about $282 million raised for BlueGem II, the latest private equity pool from London-based BlueGem Capital Partners, according to a regulatory filing. The firm reported a […]
While debt-to-EBITDA multiples have drawn attention for reaching lofty levels during this time of relatively easy credit and ample dry powder, Golden Gate Capital’s buyout of Angus Chemical Co from Dow Chemical Co lands more or less in the middle of the fairway.
1. What’s your take on rising interest rates? Will they go up much in 2015? Will higher rates help mezz lending? I thought they’d be going up in 2015 before oil went below $50 a barrel. If oil prices stay where they are I don’t think interest rates will go up as fast as we […]