When Jobson Medical Information Holdings LLC filed for Chapter 11 bankruptcy in early 2012 it wasn’t a happy day for sponsor The Wicks Group of Companies LLC.
Top News & Analysis
EnCap Investments is back in the market targeting $5 billion for its next flagship energy investment vehicle, EnCap Energy Capital Fund X, according to two people familiar with the firm.
Kelso & Co. has collected about $1.3 billion for a first close on its ninth fund, according to two people with knowledge of the situation.
Distressed debt specialist Glendon Capital Management quickly hit the $1 billion hard cap on its debut fund in less than a year, following its spin out from Barclays Asset Management Group in 2013, according to two sources.
How does Fundamental Advisors distinguish itself from other debt-focused private equity names such as Apollo Global Management, Oaktree Capital Management or distressed shops like WL Ross & Co?
Alaska Permanent Fund has committed $493 million to several private equity funds since June 30, while its overall private equity portfolio outpeformed other asset classes in its first fiscal quarter.
Demand for up-and-coming small and middle-market fund sponsors has spiked this year, as several marquee limited partners push for more exposure to emerging managers.
With interest rates low, equity prices near all-time highs, and deal-making frothy across many sectors, distressed debt and turnaround specialist WL Ross & Co has a host of challenges plying its trade.
Goldman Sachs Group Inc is considering raising a new infrastructure fund, according to three people familiar with the matter, even as U.S. regulations threaten to reduce its profits from such endeavors.
Summit Partners, the Boston-based growth equity shop, has produced the top-performing fund, measured by IRR, for backer California State Teachers’ Retirement System—quite an accomplishment consider the pension fund has backed nearly 300 funds since the late 1980s.
From the Editor
A new definition of middle-market funds established by the Association for Corporate Growth sets the stage for a more targeted lobbying effort to try to ease regulation seen as overly restrictive, such as a provision of Dodd-Frank preventing banks from committing money to most buyout funds. But by leaving some big firms behind, the effort poses the risk of giving the industry a less unified voice in Washington, D.C.
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