Arbor Investments has closed its fourth equity fund, Arbor Investments IV, LP, with$765 million of capital and its first subordinated debt fund, Arbor Debt Opportunities Fund I, LP (DOF I), with $125 million of capital. Fundraising was completed in just 90 days and both funds were significantly oversubscribed. “Our investment philosophy and operating orientation continues…...
Archives for July 15, 2016
CalPERS Names New CEO
The California Public Employees’ Retirement System (CalPERS) has named Marcie Frost as the pension fund’s new chief executive officer. Her career includes executive level positions in public pension administration, human resources, and information technology. CalPERS is the largest defined-benefit public pension in the US. As the CEO, Ms. Frost will oversee the system’s operations which…...
Seacoast Sees Green in Flowers
Seacoast Capital has made an investment in The Sun Valley Group, one of the largest flower growers in North America. Sun Valley produces over 30 flower varieties and sells its products throughout the United States and Canada through flower wholesalers and distributors, mass marketers and the Internet. Company owned brand names include Sun Valley Floral…...
Paine & Partners Acquires Brotherton Seed
Suba Seeds USA, a subsidiary of Suba Seeds Group BV, a specialty vegetable and legume seed producer and a portfolio company of Paine & Partners, has acquired Brotherton Seed Company. Brotherton Seed is a breeder and producer of pea and bean seeds used by commercial customers in the North American pea and bean processing market…....
Webster Capital Invests in Lifestyle Brands
Webster Capital has acquired an equity interest in Lifestyle Brands, LLC, the apparel and consumer products division of Margaritaville Enterprises. Lifestyle Brands is a licensee for all non-food and beverage consumer products of Margaritaville, a brand inspired by the lyrics and lifestyle of singer, songwriter and author, Jimmy Buffett. Lifestyle Brands designs and supplies women’s…...