Staff
PRIVATE EQUITY FIRMS Silver Lake: Seth Waugh was named CEO of PGA of America. Waugh was a senior adviser and managing director at Silver Lake and will continue as a senior adviser to the firm. Brynwood Partners named John LeBoutillier a managing director. He had been president and CEO of Harvest Hill Beverage Co, a portfolio company of Brynwood. Prior […]
PRIVATE EQUITY FIRMS MidOcean Partners: Eric Roth joined as a managing director. He was previously a managing director and head of the consumer-retail group at Lazard. David Kieselstein, currently an executive board member, was named chairman of that board. Steve Miller, previously chairman, will continue as a member. Matt Rubel joined MidOcean’s executive board as chairman of the consumer […]
House approves tax bill Fate of Senate version uncertain Leveraged companies face squeeze By David M. Toll and Sam Sutton The House and Senate tax-reform bills would likely mean higher tax payouts for a significant number of portfolio companies, and those experiencing down years could find themselves badly squeezed, according to an analysis by Chicago […]
Founded 2007 as affiliate of North Bridge Venture Partners Rebrand emphasizes independent identity, specific strategy Invests in entrepreneur-owned tech in less-obvious locations By Eamon Murphy and Chris Witkowsky Guidepost Growth Equity, known through July as North Bridge Growth Equity, is targeting $400 million to $500 million for its third fund, according to sources in the market. Whether […]
“We learned to build our back offices … to be compliant”: Lee PE-career paths for women remain unclear: panelists LPs who place with first-time GPs seek size caps on Fund II By Sarah Pringle, Alastair Goldfisher and Chris Witkowsky Looking back on a life of private equity investing, an executive might be hard-pressed to remember […]
In 2016, Buyouts put together articles featuring Women in Private Equity with the theme of “Trailblazers,” or up-and-coming women shaking up the predominantly white male PE industry. This year, we’re doing it again but with a slightly different theme. Instead of featuring future stars, we’re focusing on women executives at all levels doing their part to […]
Infrastructure fundraising on the rise Trump pronouncements create uncertainty in market Infrastructure experts see strong years ahead By Chris Witkowsky and Sam Sutton Earlier this year, Blackstone Group said in an interview with Bloomberg it could foresee spending $40 billion on infrastructure investments if it decided to get back into that business. The announcement came as […]
SEC probes firm on potential pay-to-play violation Investigation not likely to hamper fundraising Agency focused on pay-to-play conflicts By Chris Witkowsky and Sam Sutton The SEC is investigating EnCap Investments for a possible violation of federal pay-to-play rules in connection with one or more campaign donations made by at least one employee at the firm, according to […]
Fundraising has long been about the haves and have-nots, and 2017 will be no exception. Buyouts talked with our extensive limited-partner network about which funds make their blood run hot. Based on that research, we put together a sample of the most in-demand funds coming back to market (or just hitting the market) in 2017. This […]
Panelists warn to prepare portfolio companies for downturn Pantheon chief says low returns could pressure fees Strong-performing GPs push back on terms The overall consensus at the PartnerConnect West event in San Francisco last month seemed to be one of concern: money is flooding into the market at a time of sky-high prices. Returns are […]