Teddy Grant
Independent sponsor Beaconhouse Capital Management targets distressed debt investing in the manufacturing space, particularly with companies that have filed for bankruptcy, according to Founder and Managing Partner Saquib Toor.
Independent sponsor Beaconhouse Capital Management targets distressed debt investing in the manufacturing space, particularly with companies that have filed for bankruptcy, according to Founder and Managing Partner Saquib Toor. “We’re looking at special situation investors focused on the private markets. Either distressed, poorly managed or highly underutilized type situations,” Toor told Active LPs. “We find […]
AUM: $13 bln PE Allocation: 15 pct actual/ 13 pct target Contact: Bob Jacksha, CIO: bob.jacksha@state.nm.us New Mexico Educational Retirement Board reupped with midstream energy investment firm Five Point Energy at its July 18 meeting. The system committed a combined $80 million to Five Point Energy, with $30 million coming from its allocation for private equity and […]
Brexit not deterring LPs, according to survey Trade tensions with China also not a factor Recession is a least a year away, say 44 percent of respondents An escalating trade war between the U.S. and China and the U.K.’s upcoming departure from the European Union aren’t enough to deter limited partners from pumping capital into […]
Bart Molloy is a managing director at Monument Group. We spoke with him about the rise in emerging managers and the firm’s relationship with independent sponsors. 1. How is the PE sector performing today compared with 25 years ago? Private equity remains the most exciting asset class in that it continues to evolve, with increased emphasis on […]
Private equity funds could become riskier investments if there’s no longer a preferred rate of return, according to Eamon Devlin, a partner at asset management consultant group MJ Hudson. Devlin helped author the firm’s latest research on private equity and venture capital funds. MJ Hudson found that 60 percent of funds surveyed have an 8 […]
Commits nearly $50 mln to 2 Inflexion funds Pledges $95 mln to TA’s 13th flagship Commits $100 mln to Stone Point’s Trident Fund VIII The Teachers’ Retirement System of the State of Illinois pledged $244 million in private equity commitments spanning European and North American markets at its June meeting. The system committed 39 million […]
AUM: $28.8 bln PE Target: 16 pct Contact: Pam Hile, phile@pa.gov Pennsylvania State Employees’ Retirement System at its June meeting backed a global private equity fund from Blackstone Group. The system committed up to $75 million to Blackstone Capital Partners VIII as a follow-on investment, targeting more than $20 billion. The fund makes large-cap control and control-oriented private […]
Why is this important: Investors are confident that geopolitical events won’t negatively impact their investment portfolios An escalating trade war between the U.S. and China and the U.K.’s upcoming departure from the European Union aren’t enough to deter limited partners from pumping capital into private equity, according to a survey from global placement agency Eaton Partners. […]
Why it’s important: SCG’s latest acquisition further expands its focus on industrials in the midwest Independent sponsor Stratford-Cambridge Group (SCG) acquired AIC Equipment & Controls and Platsi-co Equipment Co., assets of Applied Instruments Company, in a deal that closed June 28, Jay Freund, the firm’s managing director, told Buyouts. Founded in 1974, Applied Instruments is […]