Seacoast Capital has held a final close on its third mezzanine fund, Seacoast Capital Partners III, L.P. (“Seacoast III”), with over $150 million of capital commitments. Seacoast has already closed on two investments totaling approximately $15 million of invested capital for its new fund. “We’re very much looking forward to deploying Seacoast III,” said Seacoast […]
Archives for February 2013
Kensington Global Private Equity Fund Announces Record Distribution
Three years into a North American economic recovery of slow but steady GDP growth, most investors have not seen this improved economic performance translate into portfolio earnings. Yet despite the headwinds facing public markets, private equity continues to represent an alternative investment strategy that is delivering sustained investor returns. This wealth creation has translated into […]
April Simile Joins Incline as Director of Business Development
Incline Equity Partners has added April Simile to its team as Director of Business Development. Lauren McKibben, previously Director of Business Development, will transition to a new role as Investment Associate within the firm. “We’re very excited about the addition of April Simile to the Incline team,” said Jack Glover, Partner of Incline Equity Partners. […]
Wayne Wu Promoted to Principal at VMG
VMG Partners, an investor in consumer product companies in the lower middle market, has promoted Wayne Wu to Principal. “As we continue to grow and build our firm we are pleased to strengthen the management team by promoting from within our existing group of talented professionals,” said Michael Mauzé, a Managing Director of VMG. Mr. […]
SunTx Capital Partners Exits Huron
SunTx Capital Partners has sold its portfolio company, Huron, a supplier of tubular assemblies and other machined products for the automotive industry. SunTx Capital Partners invested in Huron in 2005. “Huron is clearly an industry survivor and is well-positioned to continue growing the business. We sincerely thank Ned Fleming and the SunTx team for their […]
