Steve Gelsi
Golub Capital Inc has raised about $600 million in commitments toward an $800 million hard cap for Golub Capital Partners 9 LP, a middle-market lending series that dates back to 2001.
Veteran private equity pros Jeff Fronterhouse and F. Barron Fletcher have launched a new middle-market firm: Riata Capital Group.
Seeks to avoid investments in firearms banned in California AlpInvest sees growing interest in corporate social responsibility “Opting out” is difficult for small LPs Large public pension adds opt-out agreement for PE investments in makers of banned guns. The California State Teachers’ Retirement System said it’s requiring an opt-out provision for private equity investments in firearms manufacturers […]
The Riverside Co marked its second minority investment from its new Riverside Strategic Capital Fund with a deal for Alcohol Monitoring Systems Inc (AMS). The deal comes as the fund’s managers find their footing after their departure from Veronis Suhler Stevenson sparked legal action by both sides.
Green Equity Investors V, the vintage 2007 fund from Leonard Green & Partners LP, rang up an IRR of 22.2 percent as of December 31, 2013. The performance beat the 15.4 percent top-quartile threshold and the median of 9.4 percent for that year, according to an analysis by Buyouts. John Danhakl, managing partner of Leonard Green, spoke about the fund on Dec. 3 during his keynote appearance at Buyouts Texas in an interview with Chris Witkowsky, private equity editor, Buyouts Insider.
Large public pension adds opt-out agreement for PE investments in makers of banned guns.
Be prepared: The Federal Trade Commission is looking down-market.
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 filing.
Tailwater Capital beat its target by $250 million with a total of $650 million in commitments for Tailwater Enegy Fund II, the third fund since its founding in 2013 by two executives from HM Capital.
Endeavour Capital hit the hard cap on its seventh private equity pool in about four months, but even with strong demand from LPs, the Portland, Ore.-based firm plans to keep its next fund from getting too big.