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News Stories (67 Results) - Private Equity News

Antares is acting as administrative agent on senior secured credit facilities to support CVC Capital Partners Fund VIII’s (“CVC”) investment in CFGI. All existing shareholders are reinvesting in the transaction in partnership with CVC, including... Read Story

November 24, 2021, 07:54 AM

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, and Blackstone jointly announced a new partnership in which funds managed by Blackstone GP Stakes will acquire a minority ownership interest in Great Hill... Read Story

November 18, 2021, 07:00 AM

Turning Rock Partners, a New York-based private investment firm, is expanding its platform with key hires across the organization. Notably, TRP has hired Catherine Bonelli to be its new Chief Financial Officer (CFO). Bonelli brings more than 30 years... Read Story

November 12, 2021, 07:24 AM

Blackstone announced the formation of its Structured Finance Group, which brings together Blackstone Real Estate Debt Strategies (“BREDS”) and the firm’s various asset backed finance activities. Jonathan Pollack, currently the Global Head of BREDS... Read Story

November 04, 2021, 08:00 AM

Boathouse Capital announced the successful completion of Fund III. The firm remains focused on being a value-added growth partner to businesses within SaaS/software, technology-enabled services and healthcare IT/services."Our track record of success... Read Story

November 02, 2021, 07:29 AM

Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $7.2 billion in... Read Story

October 29, 2021, 08:06 AM

Private equity fund managers are accelerating deal timelines in an effort to win bids, and more than half say uncovering risk during due diligence is a main challenge to closing deals, according to BDO’s Fall 2021 Private Capital Pulse Survey.The... Read Story

October 29, 2021, 07:54 AM

Ares Management Corporation announced the formation of Ares Wealth Management Solutions (“WMS”). WMS will oversee the product development, distribution, marketing and client management activities across Ares’ investment offerings in the global wealth... Read Story

October 25, 2021, 07:40 AM

SAF Group announced the addition of Michael Scott to its team and closing of the second investment within the AGF SAF Private Credit Limited Partnership (the "Fund").Mr. Scott is a Principal of the SAF Group and is responsible for deal origination... Read Story

October 25, 2021, 07:00 AM

New Mountain Capital, managing over $35 billion across private equity, credit, and net lease real estate, closed its latest direct lending fund, New Mountain Guardian III BDC, L.L.C. (the “Fund” or “Guardian III”) with approximately $1.15 billion of... Read Story

October 20, 2021, 07:04 AM

Ares Management Corporation announced the final closing of Ares Private Credit Solutions II (“APCS II” or the “Fund”). APCS II was oversubscribed with $5.1 billion of commitments compared to its $4.0 billion target and is approximately 50% larger... Read Story

October 18, 2021, 08:00 AM

LibreMax Capital, an asset management firm specializing in structured products and corporate credit, announced the successful closing of its fifth drawdown vehicle, LibreMax Structured Opportunities Partners I, LP, with total capital commitments of... Read Story

October 06, 2021, 07:33 AM

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Care Advantage by Searchlight Capital Partners (“Searchlight”), a New York-based private equity... Read Story

September 17, 2021, 07:28 AM

Ares Management Corporation announced today John Case, Ben Fox, Joel Tomlinson and Taejoon Chun have joined to expand Ares’ presence and activity in net lease and related investment opportunities. These additions reflect Ares’ view of the compelling... Read Story

September 07, 2021, 07:10 AM

Star Mountain Capital closed its $290 million (including assumed SBA leverage available) SBIC fund with support from new and existing limited partners including banks, strategic asset management firms, family offices and sophisticated individuals... Read Story

August 20, 2021, 07:04 AM

Bruce Richards, Chairman & CEO, and Louis Hanover, CIO, together the co-managing Partners of Marathon Asset Management, a leading global credit investment manager, announced several management changes, including one senior departure and five senior... Read Story

August 11, 2021, 07:40 AM

BlackRock Capital Allocation Trust announced that the Trust has entered into a 179-day rolling line of credit facility with BNP Paribas Prime Brokerage International, Limited. BNP is required to provide 179 days’ notice of termination to the Trust... Read Story

August 09, 2021, 05:57 AM

Hercules Capital announced it originated more than $1.0 billion year-to-date in annual total debt and equity commitments for the fourth consecutive year."We could not be more pleased to achieve this milestone which is a testament to the strength... Read Story

August 02, 2021, 08:00 AM

Antares announced that it closed 139 transactions totaling almost $11 billion in financing commitments to middle market private equity-backed companies in the first half of 2021.“Antares’ performance in the first half of 2021 illustrates the... Read Story

July 30, 2021, 08:10 AM

Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $9.0 billion in... Read Story

July 30, 2021, 07:59 AM

H.I.G. Capital announced the formation of United Flow Technologies (“UFT”), a platform established to invest in the municipal and industrial water and wastewater market. H.I.G. has committed significant capital and resources to UFT to build a market... Read Story

July 26, 2021, 07:23 AM

Star Mountain Capital closed a $225 million asset-based leverage facility from top quality institutional investors led by ING Capital. The lending group consists of ING, CIT, TIAA Bank, Axos Bank, East West Bank, Georgia Banking Company and Customers... Read Story

July 23, 2021, 08:00 AM

Varagon Capital Partners is serving as Administrative Agent, Joint Arranger and Joint Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Any Hour Services (Any Hour).Founded in 1961, Any Hour is a market-leading home... Read Story

July 23, 2021, 07:11 AM

King Street Capital Management, a leading $20 billion global investment manager specializing in credit, has raised $1.2 billion for its inaugural Global Drawdown Fund (“GDF”) from existing and new investors, exceeding its $750 million target. GDF has... Read Story

July 23, 2021, 07:00 AM

Alterna Capital Solutions (ACS), a specialty and alternative financier to high-growth small businesses, will support deal origination for a lower middle market private equity fund controlled by its affiliate, Alterna Equity Partners (AEP). The fund... Read Story

July 20, 2021, 07:58 AM

RLH Equity Partners (RLH), a leading middle market private equity investment firm focused on high growth enterprises, added two individuals to the firm — Mark Gartner as a Principal focused on Investment Development and Madeline Ganey as an Associate... Read Story

July 20, 2021, 07:39 AM

H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $44 billion of equity capital under management, announced the closing of its latest direct lending strategy, H.I.G. WhiteHorse... Read Story

July 19, 2021, 08:11 AM

Oxford Financial Group, Ltd. announced the formation and funding of Mayfair Capital Partners (MCP), an in-house private equity investment team based in Carmel, Indiana and Minneapolis, Minnesota. The division has been seeded with approximately $500... Read Story

July 19, 2021, 08:00 AM

Antares Capital announced that Jeffrey Stammen will join the firm as Managing Director, Head of Investor Coverage in Asset Management.Stammen will report directly to Vivek Mathew, Head of Asset Management and Funding, and lead the company’s efforts... Read Story

July 08, 2021, 07:48 AM

PennantPark Investment Advisers announced the successful closing of its fifth comingled fund, PennantPark Senior Credit Fund Levered, LP (“PSCF-Lev” or the “Fund”), securing $460 million in additional investment capacity and taking another... Read Story

July 01, 2021, 07:34 AM

Ares Management announced that funds managed by Ares have committed more than $1 billion of investments over the last six months in the sports, media and entertainment sector. Ares employs a global flexible private capital strategy that invests in... Read Story

June 30, 2021, 08:10 AM

H.I.G. Capital announced that its affiliate, H.I.G. Realty Partners, has originated a loan to finance the lease-up of 3880 N. Mission (the “Property”), a 39-acre, 1.5 million square foot site with 1.2 million square feet of distribution and warehouse... Read Story

June 29, 2021, 07:00 AM

BlackRock TCP Capital announced the extension of its SVCP Credit Facility by two years to May 6, 2026. Other amendments to the Facility terms include a reduction in the stated interest rate to LIBOR plus 1.75%, subject to certain borrowing base... Read Story

June 25, 2021, 07:14 AM

Victory Capital Holdings announced that its wholly owned investment adviser, Victory Capital Management Inc., has established exclusive agreements with both Nasdaq and crypto-focused asset manager Hashdex Ltd. (“Hashdex”) in advance of plans to enter... Read Story

June 10, 2021, 07:40 AM

Ares Management Corporation announced that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the... Read Story

June 04, 2021, 06:14 AM

Churchill Asset Management has forged a strategic alliance with Hunter Point Capital, an independent investment firm focused on taking minority stakes in General Partners (GPs) targeting middle market private equity, credit, real estate and... Read Story

June 02, 2021, 07:30 AM

Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S. real estate investment advisory and distribution business (“Black Creek”), a leading real estate... Read Story

May 24, 2021, 07:34 AM

BC Partners Credit announced its strategic alignment with Tom Glover in his role as Operating Advisor to BC Partners Credit, whereby he will advise BC Partners Credit’s (“BCP Credit”) GP and NAV-based financing strategy, addressing private equity’s... Read Story

May 17, 2021, 07:33 AM

ADC Therapeutics SA announced the receipt of the $50 million second tranche under its convertible credit facility with Deerfield Partners, L.P. and certain of its affiliates (collectively, Deerfield). Under the terms of the Facility Agreement dated... Read Story

May 17, 2021, 07:09 AM

H.I.G. Capital completed a $225 million strategic minority investment into eHealth in the form of convertible preferred stock.Headquartered in Santa Clara, CA, eHealth operates a leading online marketplace offering consumers a broad choice of... Read Story

May 17, 2021, 06:00 AM

Accordion, a private equity-focused financial consulting and technology firm, has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm. Accordion has experienced tremendous organic growth... Read Story

May 13, 2021, 08:07 AM

Ares Management announced that a fund managed by its Private Equity Group has signed a purchase agreement to sell Farrow & Ball, a UK based manufacturer and retailer of premium paint and wallpaper, to Hempel Group. Terms of the transaction were not... Read Story

May 11, 2021, 07:10 AM

CIBC Innovation Banking provided financing solutions, including a Capital Call Line of Credit, to Maverix Private Equity (“Maverix”). The capital call facility provides Maverix with the flexibility to make investments in portfolio companies prior to... Read Story

May 10, 2021, 08:00 AM

Verizon and Apollo Global Management announced that funds managed by affiliates of Apollo entered into an agreement to acquire Verizon Media for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at close of the... Read Story

May 04, 2021, 08:10 AM

Palladium Equity Partners, a minority-owned, middle market private equity firm with nearly $3 billion in assets under management, announced that Deborah Gallegos has joined the firm as a Managing Director.Ms. Gallegos brings to Palladium 25 years of... Read Story

April 28, 2021, 07:30 AM

Palladium Equity Partners announced that Nancy A. Mitchell has been named Chief Administrative Officer, a newly-created position. Ms. Mitchell joins Palladium from O’Melveny & Myers LLP, where she was a Partner.Ms. Mitchell brings to Palladium a... Read Story

April 05, 2021, 07:15 AM

Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC, one of the... Read Story

April 01, 2021, 08:05 AM

Slate Asset Management announced the acquisition of the Commercial Real Estate Business (“ACREG”) of Annaly Capital Management,(“Annaly”) for $2.33 billion.  The acquisition includes a portfolio of performing real estate loans, debt securities and... Read Story

March 26, 2021, 07:19 AM

Hercules Capital announced that Hercules Adviser LLC (“Hercules Adviser”), a wholly-owned subsidiary of Hercules Capital, has successfully closed its inaugural institutional private credit fund.“We are very pleased to announce that Hercules Adviser... Read Story

March 25, 2021, 07:57 AM

Orangewood Partners announced the successful close of Orangewood Fund II, L.P. with more than $200 million in equity commitments as well as approximately $100 million in equity across other vehicles. Orangewood has more than $500 million of total... Read Story

March 25, 2021, 07:44 AM

Osceola Capital was named a 2021 TOP 50 PE Firm in The Middle Market. Osceola's inclusion on the TOP 50 PE list affirms its position as one of the leading private equity firms in the middle market. In naming Osceola to its list, the TOP 50 PE Firms... Read Story

March 19, 2021, 07:55 AM

Antares Capital Advisers LLC, a subsidiary of Antares Capital LP announced the closing of the reset of Antares CLO 2017-1, Ltd., originally a $2.1 billion CLO that was upsized to $2.3 billion as part of the transaction. The upsize brings the... Read Story

March 19, 2021, 07:15 AM

Owl Rock Capital has received approval from the shareholders of each of its four requisite business development companies ("BDCs") for new investment advisory agreements related to the recently announced combination of Owl Rock and Dyal Capital... Read Story

March 18, 2021, 06:00 AM

Mitsubishi UFJ Financial Group (MUFG) announced the hiring of three senior bankers to augment its coverage of private equity sponsor clients and its direct lending business. The bank has hired Michael Klein and Keith Murray as Managing Directors of... Read Story

March 17, 2021, 08:15 AM

Ares Management Corporation announced the final closing of its Ares Pathfinder Fund, L.P.. With $3.7 billion in total commitments closed, the Fund was significantly oversubscribed at its hard cap and exceeded its original target of $2.0... Read Story

March 16, 2021, 07:30 AM

The Michaels Companies and funds managed by affiliates of Apollo Global Management, announced that they have entered into a definitive merger agreement pursuant to which investment funds managed by affiliates of Apollo have agreed to acquire the... Read Story

March 04, 2021, 07:55 AM

SunTx Capital Partners, a Dallas, TX-based private equity firm that invests in middle market manufacturing, distribution, and service companies, was recently named one of Grady Campbell's Top 50 Private Equity Firms in the Middle Market for... Read Story

March 04, 2021, 07:40 AM

Stifel Financial announced an agreement to acquire the future business of North Atlantic Capital Corporation, based in Portland, Maine. The acquisition further positions Stifel as an active manager of small business investment corporations (“SBIC”)... Read Story

February 22, 2021, 07:10 AM

Arlington Capital Partners, a leading middle market private equity firm, announced a passive, non-voting, minority equity investment by Goldman Sachs Asset Management’s (“GSAM”) Petershill program, creating a strategic relationship with one of the... Read Story

February 22, 2021, 06:19 AM

Ares Management provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $7.3 billion in commitments... Read Story

February 12, 2021, 08:00 AM

Twin Brook Capital Partners, the middle market direct lending subsidiary of Angelo Gordon, announced that it committed over $925 million to private equity sponsors in support of healthcare transactions last year, completing 26 healthcare transactions... Read Story

January 14, 2021, 08:15 AM

Churchill Asset Management achieved record levels for the firm in both capital raising and investment activity in 2020. Churchill raised over $6.4 billion of new committed capital in 2020, more than doubling 2019 fundraising figures, with an... Read Story

January 14, 2021, 05:15 AM

CBIZ CMF, the private equity consulting practice of CBIZ, Inc. and a leading national advisor to the middle market, announces it will operate under the new brand name of CBIZ Private Equity Advisory.Having supported more than 300 private equity firms... Read Story

January 07, 2021, 07:47 AM

J.F. Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired CTS Engines... Read Story

December 29, 2020, 07:09 AM

Owl Rock Capital Group (“Owl Rock”) and the Dyal Capital Partners (“Dyal”) division of Neuberger Berman Group LLC (“Neuberger Berman”) announced they entered into a definitive business combination agreement with Altimar Acquisition Corporation... Read Story

December 28, 2020, 09:30 AM

PGIM Private Capital has completed fundraising for PGIM Capital Partners VI, L.P., surpassing its fundraising target with capital commitments of $2.23 billion. PGIM Capital Partners VI is more than 20% larger than Fund V, which closed in 2016. PGIM... Read Story

December 22, 2020, 07:29 AM

PitchBook released its 2021 US Private Equity Outlook, which details predictions for private equity (PE) activity and performance in 2021. This past year defied expectations for most investors and PE managers were no exception. Dealmaking nearly... Read Story

December 18, 2020, 08:30 AM