Sam Sutton
Year Founded: 2013 Investment Strategy: Buyouts Key Executives: Co-founders and Managing Partners Jay Coughlon and Kevin Mitchell Office locations: Denver Fundraising: Closed Fund I on $118 mln in 2014 Web Address: www.lariatpartners.net The founders of Lariat Partners don’t want to act like jerks. That may not sound like an audacious goal. It’s even a little crass, but to portfolio company CEOs like Kenny […]
Private equity investors want more. And like kids waiting for a piece of birthday cake, they don’t want to share.
MacDonald to take position as Rutgers investment director MacDonald oversaw NJ’s private markets portfolio since 2011 PE portfolio expanded by 40 pct under his watch New Jersey Division of Investment private equity chief Jason MacDonald is leaving the state’s treasury department to be the first investment director of Rutgers University’s $1 billion endowment. MacDonald joined the […]
Chairman, CEO Robert Smith no longer sole key man Change linked to Dyal’s investment in Vista Changes to key man unlikely to weaken demand for Fund VI Vista Equity Partners made significant changes to its sixth flagship fund’s key-man provision, the result of Dyal Capital Partners taking a minority stake in the firm, according to […]
Comparisons with public market businesses, previous LBOs pose challenges “It’s really tough for the SEC to make hay,” says one compliance attorney Bowden previously brought up valuations in “Sunshine” speech Questions about how firms value portfolio companies continue to crop up in Securities and Exchange Commission examinations of private equity firms, multiple sources told Buyouts. Firms […]
1 — Trilantic recently completed a $300 million investment in Indigo Minerals for natural gas assets in northwest Louisiana and east Texas. It’s been a tough environment for natural gas investors lately. Any reason you’re making this investment now? We’ve been investors in the natural gas space for a long period of time. We think […]
Shulman-led firm surpasses target by $30 mln Juggernaut agrees to acquire Mitchell & Ness Firm’s 2012 vintage fund netting 10 pct IRR Juggernaut Capital Partners closed its third flagship on $380 million, surpassing its target by $30 million, the firm told Buyouts. “We had a very positive fundraising effort altogether,” founder and Managing Partner John […]
Newly branded American Investment Council targeting mid-market Membership “an insurance policy against political risk,” says Mike Sommers Collaboration with ACG, ILPA on the horizon The Private Equity Growth Capital Council gave itself a facelift in May, changing its name to the American Investment Council and simplifying its mission statement as part of a broader effort to […]
Public pensions are earmarking larger and larger amounts of capital for private equity, effectively placing more chips on a high-priced market bearing some uncomfortable similarities to the pre-crisis deal environment.
1 — Prices are high, but LPs are still committing massive amounts of capital into private equity. How is Aberdeen handling its commitments in the current price environment? The punchline is: very carefully. We’re trying to be aware of managers who are coming back to market too quickly and raising too much money. What you […]