Steve Gelsi
Shadow capital seen at $161 bln in 2015 Lower fees for co-investments cited Private equity funds expected to draw in $468 bln LPs across the global private equity arena will put an estimated $161 billion into co-investments, direct investments and separate accounts this year, according to a study by placement firm Triago. Broken down, separate accounts comprise 40 percent with $64 […]
Firm names Rich Iorio as its first chief talent officer Jeff Browning tapped as principal of Leaders Strategy Recruiting GTCR continues to recruit up to eight people a year Dear hipsters, GTCR wants you. The firm hired its first chief talent officer to help recruit millennials for up to eight associate-level openings a year, according to a […]
Was managing director at Cheyenne Capital Joined firm in 2013 from TorreyCove Worked at Thoma Cressey Bravo, other firms Kenn Lee has left Cheyenne Capital, according to two sources. Lee, who worked as managing director at the Denver private equity firm since April 2013, no longer appears on its website. A woman who answered […]
Firm buys Mikawaya, Covercraft, Better Life Technology Guy Zaczepinski promoted to managing partner Some LPs exited Fund II last year in secondary deal Century Park Capital Partners is talking to LPs about launching its third middle-market buyout fund on the heels of four quick acquisitions and last year’s recapitalization of Fund II, according to a market […]
Firm: Audax Group Fund: Audax Private Equity Fund V Target: $1.75 bln Amount raised: $2.25 bln Audax Group wrapped up fundraising for its fifth private equity fund with $2.25 billion in commitments, above its target, as the Boston-based buyout shop founded in 1999 continued a brisk pace of deal-making. Fund V drew in $1 billion more […]
1. What are you seeing in the market in terms of deal flow and terms, including the senior debt space? We’ve been investing on the mezzanine side with our private equity partners for more than 20 years, throughout various market cycles. We’ve built upon that strong background and in the last several years we’ve expanded our […]
Founded in Australia in 2005 as a provider of data rooms designed for the document-heavy M&A due diligence process, ansarada is making a global push to win new clients in the United States and Europe. Larry Fontillas, managing director for the Americas, said the company opened offices around the world partly to fulfill its policy of an […]
Firm: Ridgemont Equity Partners Fund: Ridgemont Equity Partners II Target: $900 mln Amount raised: $995 mln Placement Agent: Brooklands Capital Strategies Ridgemont Equity Partners, a middle-market buyout shop, drew in $995 million for its second buyout fund, beating its target by $95 million. The firm launched its fundraising in March, held a first close on $750 […]
Tim Day was co-head of buyouts Buyouts co-head Alex Krueger promoted to co-CEO earlier this year Series of personnel changes at the firm Tim Day, managing director and co-head of buyouts at First Reserve Corp, left the firm on October 31 as part of a series of personnel changes at the energy and infrastructure specialist, according […]
Firm: Falcon Investment Advisors Fund: Falcon Strategic Partners V LP Target: $1.25 billion Placement Agent: Atlantic-Pacific Capital Falcon Investment Advisors plans to top the $1 billion mark with its fifth flagship fund, as the middle-market credit specialist hits the capital-raising trail for Fund V, according to a filing. Led by veterans from Hancock Life Insurance […]