Bernard Vaughan

Resilience Capital Partners LLC, a Cleveland-based buyout shop, has raised at least $132.25 million for its third fund, according to a recent regulatory filing. The firm expects to close on another $30 million by June 25, a source close to the fundraising effort told Buyouts. The target for the fund, Resilience Fund III LP, is […]

Riordan Lewis & Haden Equity Partners has so far raised more than $225 million for its third fund, a source close to the fundraising effort told Buyouts. The Los Angeles-based buyout shop co-founded by former Los Angeles mayor Richard Riordan is well on its way to its $250 million target and expects to close the […]

Centerfield Capital Partners has raised $59.85 million from 23 investors so far for its third fund, Buyouts reported, citing a recent regulatory filing. It unclear how much the Indianapolis-based firm is seeking to raise for the fund, Centerfield Capital Partners III LP. Centerfield Capital provides subordinated debt and equity to lower mid-market companies for acquisitions, growth financings, recapitalizations, corporate divestitures and other types of transactions. The firm currently manages approximately $200 million, according to its Web site. Centerfield Capital raised $130 million for its previous fund in 2006, according to Capital IQ.

Gridiron Capital, a firm that applies lessons from sports to private equity investing, recently held a first close on its second fund at $147 million, a source familiar with the fundraising effort told Buyouts. The firm is seeking $400 million for the fund, Gridiron Capital Fund II LP, although it will raise as much as […]

Harvest Partners LLC has so far raised at least $441.95 million for its sixth fund, according to a regulatory filing. The New York-based firm is seeking $800 million altogether for the fund, Harvest Partners VI LP. Credit Suisse, which had helped raise previous Harvest Partners funds, is pitching in again on this fund, according to […]

Sponsor-backed restaurant deals proliferated in late May. The most high-profile deal was Golden Gate Capital‘s agreement, announced May 25, to take California Pizza Kitchen Inc. private for $470 million, more than a year after the company began looking for a buyer. Meanwhile, that same week, Buyouts reported that Bruckmann Rosser Sherrill & Co. agreed to […]

With the second quarter starting to wind down, I thought it would be a good time to take a look at some of the most acquisitive sponsors so far in Q2. Below are 5 of the most active buyers as of June 1, according to Thomson Reuters. In cases where firms did the same number […]

Buyout firms are expressing more interest in cyclical sectors such as industrial and retail with an eye on bargain deals at the outset of an economic recovery, bankers and buyout pros told Buyouts. “The perspective is there’s been a pretty strong rebound in those areas, but we’re in [the] early stages of economic expansion so […]

Tuckerman Capital, a private equity firm with a unique strategy of investing only in fundless sponsors, is in the early stages of planning its fourth fund, co-founder Timothy Briglin told Buyouts. Starting sometime early next year, the Hanover, N.H.-based firm will likely seek $100 million for the fund, Tuckerman Capital IV LP. That’s roughly the […]

Veronis Suhler Stevenson scored a welcome return on its sale of capital markets data provider Ipreo LLC to Kohlberg Kravis Roberts & Co., which was one of the largest investments the media-focused shop made with its $1 billion, 1999-vintage third fund. The firm also continues to hold three other investments in Fund III and will likely look to unload at least two of them over the next year or two, a source close to the firm told sister magazine Buyouts. The firm has not started any sale processes, however, the source said. One of the three remaining companies in Fund III is Access Intelligence LLC, a Rockville, Md.-based information and marketing company serving the aerospace, communications, energy, and health care industries.