NEW YORK (AP) – Carlyle Capital Corp. said it expects creditors to seize all of the fund's remaining assets after unsuccessful negotiations to prevent its liquidation, sending its shares plunging. The Amsterdam-listed fund shook financial markets last week after missing margin calls from banks on its $21.7 billion (euro14 billion) portfolio of residential-mortgage-backed bonds. Carlyle's […]
DJF Gotham is looking to raise around $125 million for its third fund, according to Silicon Alley Insider.
Heritage-Crystal Clean Inc., an Elgin, Ill.-based provider of parts cleaning services and containerized waste services, raised around $22 million in its IPO. It priced 1.91 million common shares at $11.50 per share, and closed up at $14.19 on its first day of trading. William Blair & Co. and Piper Jaffray served as co-lead underwriters. Bruckmann […]
SFW Capital Partners, a Rye, N.Y.-based middle-market private equity firm, has closed its debut fund with $300 million in capital commitments. The firm was founded by former AEA Investors pros Thomas Salice, Roger Freeman and Norm Wells, plus Casey Lynch (Parthenon Capital) and David Webb (Merrill Lynch's financial sponsors group). PRESS RELEASE SFW Capital Partners, […]
The Pennsylvania State Employees’ Retirement System has approved the following fund commitments: $40 million to ABS Capital Partners VI, $50 million to Lime Rock Partners V, $50 million to Madison Dearborn Capital Partners VI and $15 million to Versa Capital Partners II. www.sers.state.pa.us
Headwaters MB has promoted Mark Guilford and Aaron Osmundson to the position of principal. Headwaters is a Denver-based middle-market investment bank. www.headwatersmb.com
Tim Parker has joined CVC Capital Partners as a partner. He previously was CEO of The Automobile Association Ltd., a CVC portfolio company merged last year with Saga. He also used to work with CVC portfolio company Kwik-fit. www.cvc.com
EyeGate Pharma, a Paris-based developer of iontophoresis technology to non-invasively deliver therapeutics for ocular indications, has raised $15 million in Series C funding. Medicis Capital was joined by return backers The Nexus Group, Innoven Partenaires and Ventech. PRESS RELEASEEyeGate Pharma, a privately held, specialty pharmaceutical company using iontophoresis technology to safely and non-invasively deliver […]
Aperio Technologies Inc., a Vista, Calif.-based provider of digital pathology services for the healthcare and life sciences industry, has raised $20 million in Series C funding. HLM Venture Partners led the round, and was joined by Acadia Woods Partners, BlackRock Alternative Advisors and return backers Galen Partners and Advanced Technology Ventures. It had previously raised […]
Hydra Biosciences Inc., a Cambridge, Mass.-based developer of drugs that target ion channels, has raised $34 million in Series C funding, according to a regulatory filing. Advanced Technology Ventures led the round, and was joined by return backers Abingworth Management, BioVentures Investors, Lilly Ventures, New Enterprise Associates and Polaris Venture Partners. www.hydrabiosciences.com