Bernard Vaughan

EnCap Investments LP is plotting its eighth fund and may need a placement agent to help it tap international investors. David Miller, a co-founder of the Houston based firm, told Buyouts that EnCap will start raising the fund late in first quarter or early in second quarter 2010. The firm will likely target somewhere in […]

Executives at Cortec Group are looking for a placement group to help the firm raise its fifth fund. The New York-based buyout shop has interviewed a number of groups, but isn’t close yet to making a final decision, David Schnadig, partner, told Buyouts. “As we’ve done on previous fundraisings we’re going to meet with a […]

GI Partners next month is expected to close its third fund with more than $2 billion. The focus will be on mid-sized, asset-rich companies based in the United States and Europe. GI announced in a recent press release that it has so far raised $2 billion, and we reported in June that it was targeting $2.25 billion. Executives at the Menlo Park, Calif.-based firm originally planned to raised $2.5 billion.

Lovell Minnick Partners has closed on $375 million to date for its third buyout fund, Lovell Minnick Equity Partners III LP, a source familiar with the firm’s fundraising effort told Buyouts (a siter publication to peHUB). The El Segundo, Calif.-based shop plans to close the fund by Jan. 31, 2010 at the latest, our source […]

Roark Capital Group is poised to make an investment in Waste Pro USA Inc., a Longwood, Fla.-based trash and recycling collection company, according to a government filing. The filing identifies Waste Pro USA Inc. as the target and the seller, though the company is a portfolio company of Ares Capital Corp., a New York-based business […]

Riverlake Partners has suspended fundraising for its second fund because of the difficult fundraising environment, a source familiar with the firm’s plans told Buyouts. Fundraising for the Portland, Ore.-based lower mid-market buyout shop has hit a veritable wall since the second half of 2008. The firm had raised $62 million by the end of first […]

Oaktree Capital Management and GFI Energy Ventures are poised to make an investment in Sheehan Pipe Line Construction Co., a Tulsa-based company that has been family-owned since 1903, according to a regulatory filing. It’s unclear exactly how large the investment would be, but it would come out of the firms’ joint investment vehicle, OCM/GFI Power Opportunities […]

Executives at Imperial Capital have raised C$110 million (US $101 million) for their fourth fund and expect to stop raising cash by the end of June, a source familiar with the fundraising told Buyouts. The Toronto-based buyout shop’s target for Imperial Capital Acquisition Fund IV LP is C$350 million, and firm executives might still manage […]

Centerview Partners has essentially wrapped fundraising for its debut fund at slightly more than half its original target. The New York-based shop, which also provides investment banking advisory services, held what will serve as a final close with $485 million in February. While the pool is not technically finished, firm executives are not actively seeking […]

PNC Equity Partners is currently looking for a placement agent to help prep its third fund, a source with knowledge of the firm’s plans said. The firm is in the earliest stages of planning the fund, which its executives expect to bring to the fundraising market in the fourth quarter of 2010 or first quarter […]