Bernard Vaughan

Inverness Graham, a lower mid-market firm targeting manufacturing and services companies, is expected to announce Wednesday that it’s finished raising its second fund, with $151.5 million in commitments, Buyouts reports. The tally for Inverness Graham Investments II LP includes $10 million allocated to a parallel co-investment vehicle, according to a press release the firm provided […]

A Los Angeles-based firm with deep political connections, Craton Equity Partners, is seeking $400 million for its second fund, Buyouts reported, citing to a source familiar with the firm’s plans. Craton Equity makes growth capital investments in companies in the clean technology and environmental technology sector. Its portfolio includes Arxx Corp., a manufacturer of insulating […]

Either The Carlyle Group is involved in more lawsuits than its peers or it is simply being more forthcoming about its legal proceedings in its S-1, filed today with the SEC. “From time to time we are involved in various legal proceedings, lawsuits and claims incidental to the conduct of our business. Our businesses are […]

Symphony Technology Group, the Palo Alto-Calif.-based private equity firm that focuses on software and services companies, is in the early stage of plotting its secon fund supported by outside investors, Buyouts reported Sept. 2, citing two sources familiar with the firm’s plans. The firm might seek as much as $1 billion, both sources said. The […]

ACON Investments, a firm whose investors include TPG Capital founder David Bonderman, has started reaching out to potential new investors for its third fund, Buyouts reported earlier today, citing a source briefed on the firm’s plans. The firm, with offices in Washington, D.C., Los Angeles and Madrid, is seeking $600 million for the fund, ACON […]

Siris Capital Group, the private equity firm that spun out of SAC Capital earlier this year, is expecting to hold a first close of around $150 million sometime in September, two sources familiar with the fundraising campaign told sister magazine Buyouts. Commitments are expected from several limited partners with programs dedicated to finding promising new […]

Olympus Partners is close to investing in PLZ Aeroscience Corp. a St. Clair, Mo.-based holding company of subsidiaries that provide aerosol and liquid packaging products, according to a regulatory filing. Stamford, Conn.-based Olympus would be making the investment out of Olympus Growth Fund V LP, a $1.53 billion pool of capital it closed in 2007. […]

TorQuest Partners Inc., a Toronto-based firm that targets mid-market buyouts in Canada, is in the early stages of raising its third fund, a source familiar with the fundraising effort told Buyouts. TorQuest is hoping to raise C$550 million ($554 million), an identical amount raised for its previous fund in 2006. The firm’s timing is ripe. […]

Buyouts recently completed its annual look at six of the hottest emerging private equity fund managers, based on prior reporting and interviews with LPs, placement agents and bankers. Although proven firms arguably carry less risk for investors, emerging managers allow limited partners to cement relationships with talented professionals at more favorable terms. One firm, for […]

KPS Capital Partners LP expects to return about 15x its investment in Attends Healthcare Inc. when it closes its sale of the company in the third quarter, according to a source. The New York-based firm, known for buying manufacturing companies about to flatline, announced yesterday an agreement to sell the maker of incontinence briefs, pads […]