Bernard Vaughan
Riordan Lewis & Haden Equity Partners has raised $260 million for its third buyout fund, and is planning on closing the fund in February, Buyouts reported earlier today, citing a source close to the process. The firm, which has surpassed its $250 million target for the fund, could close it at as much as $335 […]
Bruce Rauner, an early partner with Chicago-based GTCR LLC, is widely believed to be weighing a bid for governor of Illinois in 2014 on the Republican ticket. For years he's been deeply involved in public service in Chicago, most notably in helping to push education reform in 2011 and, recently, criticizing the Chicago Teachers Union over the recent strike there.
Seven Mile Capital Partners is close to selling a portfolio company for the first time under its new banner, which could help it as it seeks to raise its first independent fund.
Veritas Capital Management partners are getting down to the difficult task of assessing the firm’s future following the unexpected death of firm Founder and Chairman Robert McKeon, who committed suicide at his Connecticut home on Sept. 10, peHUB sister pub Buyouts reported earlier today.
GTCR LLC has agreed to sell Landmark Aviation to The Carlyle Group for $625 million, which would generate a modest return.
Court Square Capital Partners has raised more than $2.2 billion in commitments for its third fund, which it will likely finish raising by the end of the year.
TorQuest Partners Inc. has raised more than C$400 million ($405.7 million) for its third fund, Buyouts reported recently, citing a source close to the fundraising effort. The Toronto-based firm is seeking to raise C$550 million, which is the same amount it raised for its previous fund in 2006. Previous investors have included MassPRIM, Kensington […]
Siris Capital Group expects to close its debut fund at $600 million around Thanksgiving, $200 million more than its target, Buyouts reported yesterday, citing a source. The firm has raised $370 million so far and is expecting another close in September that would take it to as much as $450 million, which would exceed its […]
Standard & Poor’s suggested on Aug. 28 that two Golden Gate Capital companies are facing some serious challenges. In separate reports, the ratings agency revised its outlook on California Pizza Kitchen Inc. to negative from stable and lowered its corporate credit rating on Aspect Software Inc. to ‘B-‘ from ‘B,’ with a negative outlook. […]
Aurora Capital, with the help of Jefferies, is shopping ADCO Global.