Incline Equity Partners has closed Incline Elevate Fund LP (Elevate) with $314 million of total capital commitments. The new fund will invest exclusively in the lower middle market, a segment of the market where Incline has had success but had outgrown in its flagship fund, Incline Equity Partners IV LP (Fund IV), which closed in […]
Archives for January 24, 2017
Angeles Closes Fund I
Angeles Equity Partners has closed Angeles Equity Partners I, LP (AEP I) with $360 million in capital. This is the firm’s first private equity fund and was oversubscribed, exceeding its target of $300 million. Limited partners in AEP I include institutional investors, including public and private pension plans, endowments, foundations, a sovereign wealth fund, and […]
Blue Point Adds-On to Hilco Vision
Hilco Vision, a portfolio company of Blue Point Capital Partners, has acquired Croakies, a maker and seller of eyewear retainers and related outdoor lifestyle accessories such as lanyards, key rings, belts, and dog collars and leashes. “Croakies originated on the slopes of Jackson Hole Mountain Resort and at its core has the desire to meet […]
ACON Adds On to Funko
Funko, a portfolio company of ACON Investments, has acquired the assets of Underground Toys, a creator, manufacturer and distributor of licensed toy products. ACON acquired Funko from Fundamental Capital in November 2015. Underground Toys is a supplier of gift items, girls’ and boys’ toys, and adult collectibles under licensed brands that include Star Wars, Doctor […]
New MD of Performance at Paine
Paine & Partners has hired Adam Fless to the newly created position of Managing Director – Portfolio Performance. In this new role, Mr. Fless will work with the firm’s portfolio companies to identify and execute on opportunities to strengthen operations and create shareholder value. Mr. Fless has international experience working with management teams at portfolio […]