Steve Bills

With the rollout of its own private equity benchmark, the Institutional Limited Partners Association is seeking to give its members a measurement system that is “institutionally relevant,” said Michael Elio, the association’s managing director of industry affairs

The votes are in, and the majority of peHUB readers in our online poll believe that Michael Dell and Silver Lake will hold off competing offers to take Dell Inc. private.

Atkins Nutritionals, a once-desperate turnaround story, has recovered enough of its financial health to support a $425 million recapitalization, including a dividend of $118 million for backer Roark Capital Group, sister magazine Buyouts reported.

As debate drags on over the Volcker Rule, banks are settling in for the long haul, sister magazine Buyouts reports. Those that have decided to exit the buyouts game have largely done so, while those remaining appear to be relying on their own balance sheets, rather than bringing in outside investors, under other provisions of […]

The multi-strategy private equity firm H.I.G. Capital LLC announced that it has closed its latest flagship buyout fund, H.I.G. Capital Partners V, at its $1 billion cap, sister magazine Buyouts reported. Miami-based H.I.G. Capital has dedicated funds and teams devoted to a number of specific strategies, including mid-market buyouts, growth equity, bio-sciences, real estate, special […]

And now there’s another way for sponsors to exit over-aged portfolios: Sell the entire kit and caboodle to Nova Capital Management Ltd, a British shop that just opened an office in Chicago to seek deals, sister magazine Buyouts reported. David A. Jacobs, who joined the firm as an investment partner to launch the Chicago office, […]

The votes are in, and "growth capital" is the moniker that peHUB readers would choose to replace "private equity" as the name of the industry.

Please don’t ask Andrew Hawkins about his interest in zombie funds. He says he prefers to think of his new firm, NewGlobe Capital Partners LLP, as an investor in “disrupted-cycle” private equity funds.