Bernard Vaughan
Energy-focused buyout firm Tenaska Capital Management LLC is preparing to raise its third fund, Buyouts magazine is reporting.
Nautic Partners LLC is shopping Agilex Flavors & Fragrances, a maker of fragrances used in cosmetic, household and specialty products, sister magazine Buyouts has learned from a source who has reviewed a book marketing the sale. It shouldn’t be a shocker that Nautic is looking to unload the company, considering that it has been in […]
President Obama’s proposal to reform the tax code, which calls for cutting the top corporate tax rate to 28% from 35%, includes at least three provisions that could affect the way buyout firms do business, Buyouts magazine reports.
Diamond Castle Holdings was considered among the hottest new buyout shops when its five founders left DLJ Merchant Banking to start the firm in 2004. Eight years later—and lacking one notable founder—the firm’s debut fund is struggling to live up to that promise, generating an investment multiple of just 1.15x and an internal rate of return […]
MSouth Equity Partners, a buyout firm based in Atlanta that is raising its sophomore fund, has surged past the amount it raised for its debut fund in 2009.
Milestone Partners has raised about $150 million for its fourth fund, Buyouts reported yesterday, citing a source close to the firm’s plans. Executives at the Radnor, Pa.-based shop are targeting $350 million for the fund, Milestone Partners IV LP. The firm has also hired Capstone Partners, a Dallas-based placement agent with offices in Europe and […]
Siris Capital Group expects to hold a second close at $200 million on its debut fund in the coming days, Buyouts reported yesterday....
Now that The Carlyle Group has finally amended its filings to include how it pays its executives, it’s become easier to compare how much money some of the most high profile executives in the industry make. Sister magazine Buyouts compared Carlyle Group’s figures for 2011 with 2010 figures for executives at Apollo Global Management, The […]
A bipartisan group of 27 members of the House of Representatives sent a letter to the Securities and Exchange Commission today, asking it to delay the March 30 deadline by which most firms have to register with the regulatory body, sister magazine Buyouts reported. The letter, whose lead signatories are Robert Hurt, Republican of Virginia, and […]
There was a strange disconnect at the Dow Jones Private Equity Analyst Outlook conference, with near universal agreement among LPs and placement agents that a whole lot of sponsors will try to raise new funds this year. Brian Adams of Alcatel-Lucent, for one, estimated that a good 20 percent of his existing GPs will be […]