Sam Sutton
Heath Wilson is launching his newest business platform with more momentum than he did when he co-founded eVestment with Jim Minnick and Matt Crisp 16 years ago. “When we started the business we really didn’t have anything. We started with a group of consulting firms that wanted to standardize and become more efficient in how […]
Firm caps consulting fees at $5 mln per portfolio company Those fees will not offset LP management fees Fund VI hard capped at $10 bln Vista Equity Partners’ vaunted consulting group stands to make as much as $5 million per investment from the firm’s new flagship fund, none of which will find its way back to […]
Donald Trump’s election conjured up a memory of something that took place a few years ago, at a meeting my colleagues and I took with a private equity firm.
Robert Grady being considered for Department of Interior, Energy Grady was appointed to State Investment Council by Chris Christie Resume includes role in Pres. George H.W. Bush’s administration Robert Grady, a partner at Gryphon Investors and the former New Jersey State Investment Council chairman, is being floated for a role on president-elect Donald Trump’s cabinet, according to […]
J.F. Lehman has raised $660 mln toward $700 mln target Connecticut considering $75 mln commitment to Fund IV Firm specializes in aerospace, defense industries J.F. Lehman & Co is preparing to close its latest flagship buyout fund this year, a report prepared by the Connecticut State Treasurer’s office shows. J.F. Lehman has raised $660 million toward a […]
Firm transitions to next tier of firm leaders: Hamilton Lane Louisiana Teachers’ commits $75 mln to Fund VII Fund VII targeting $5.25 bln Documents from Teachers’ Retirement System of Louisiana indicate Stone Point Capital CEO Charles Davis and Chairman Stephen Friedman have passed certain management duties to other professionals at the firm. While Davis has no […]
The 2016 election season will be one no one will soon forget. Even as the cycle winds to its ugly conclusion, accusations continue to be thrown by both sides, passions are high and no matter who wins, neither candidate appears to have a strong mandate from the American people. Buyouts staff writer Sam Sutton discovered […]
New Mexico SIC commits up to $100 mln Fund XV closed on $3.25 bln in early 2015 Landmark tells SIC Fund XV is 90 pct invested, less than two years after final close Landmark Partners is planning to raise up to $4.7 billion for its 16th flagship fund, executives told New Mexico State Investment Council […]
Private equity executives made political contributions to unabashed liberals, pragmatic Democrats, Republican centrists and Tea Party favorites during the 2015-2016 election cycle. But even among that diverse coterie, the industry showed no love for Donald Trump.
Spark Capital targeting $500 million for growth investments New fee offers LPs smaller post-investment-period reduction Firm’s roster expands by nearly half between fundraises Spark Capital slightly increased the management fee on its second growth capital fund, targeting $500 million, documents released by Los Angeles City Employees’ Retirement System show. Spark Capital Growth Fund II is charging […]