Sam Sutton
Year founded: 1997 Investment strategy: Buyouts, distressed debt, growth equity Key executives: Co-heads of PE David Kaplan and Bennett Rosenthal Office locations: 19 offices worldwide AUM: $88 bln Fundraising status: Raising Fund V with $6.5 bln target Active portfolio companies: About 25 Website: http://www.aresmgmt.com/ Ares Management is back in the market with its first flagship […]
Avenue targets 2 bln euros for special situations fund Firm holds 1.1 bln euro first close in June Previous Europe special situations fund netting 9.6 pct Avenue Capital Group will likely close its third European special situations around the end of the year, according to a public LP document. Avenue held a first close for […]
Fort Worth, Texas-based credit specialist closed Fund II last year San Joaquin County considers re-upping Crestline anticipates January 2016 first close Crestline Investors is marketing its third opportunity fund with a target of up to $1.25 billion target, according to public pension documents. The Fort Worth, Texas-based credit and special situations investor has returned to market […]
Ares Management is back in the market with its first flagship private equity fund since its May 2014 initial public offering. The $88 billion asset management firm set a $6.5 billion target for Ares Corporate Opportunities Fund V, a $1.8 billion increase over the $4.7 billion it raised through its previous fund in 2012.
Lindsay Goldberg hired the former head of Morgan Stanley’s private equity group, Eric Fry, as a partner.
The Institutional Limited Partners Association’s new template for reporting private equity funds’ fees and expenses itemizes a wide range of costs and details the amount of carried interest general partners collect and accrue, according to a draft of the template seen by Buyouts.
Main Post Partners is led by Sean Honey and Jeffrey Mills Team grossed 3.1x on deals at Weston Presidio, say sources Firm to focus on consumer, business services and industrials Main Post Capital is well on its way toward its $250 million target and may raise $300 million or more, several sources told Buyouts. The San Francisco-based […]
Healthcare specialist sets $950 mln target for Fund VI; OrbiMed’s $735 mln 2013 vintage fund a top performer for CalSTRS OrbiMed Advisors is targeting $950 million for its latest private equity and venture capital fund on the back of a remarkably strong recent track record, according to a regulatory filing and public pension documents. OrbiMed Private Investments VI recently picked up […]
Robert L. Johnson’s firm targets $300 mln Bethesda-firm inks three deals as of last June Johnson’s Rolodex “very important” to strategy, says LP Black Entertainment Television (BET) founder Robert L. Johnson’s private equity firm is officially back in the market targeting $300 million for its second flagship fund, according to several sources. RLJ Equity Partners […]
TSG nets 43.4 pct on previous fund Former Vitamin Water investor targeting $700 mln more than Fund 6 Carry increases to 25 pct when firm clears 2x hurdle TSG Consumer Partners is back on the market with its seventh flagship fund targeting $2 billion, according to an LP source with direct knowledge of the fundraising. […]