L Squared has held the final closing of its fourth private equity fund with $840 million of capital. The firm’s earlier fund closed in September 2020 with $505 million of capital. L Squared invests from $50 million to $125 million of equity in North America-based companies that have revenues of $20 million to $125 million […]
Archives for November 2023
Gridiron Capital Promotes Three to Managing Director
Gridiron Capital has promoted Chris King, Doug Rosenstein, and Brad Skaf to managing director. Messrs. King, Rosenstein, and Skaf all joined Gridiron immediately following business school as senior associates in 2015 and 2016 and are active at the firm with new investment opportunities, due diligence, and value creation at portfolio companies. “We are excited to […]
Janney Continues Acquisitive Ways with Buy of TM
Janney Montgomery Scott has agreed to acquire middle market investment bank TM Capital, a provider of M&A advisory services across the business services, industrials, healthcare, and consumer sectors. TM Capital is led by CEO James Grien, has 17 managing directors and nearly 50 employees with offices in Atlanta, Boston, and New York City. TM Capital […]
It’s All Green at Harvest with Close of Fund IX
Harvest Partners has closed its ninth fund, Harvest Partners IX LP, above target with $5.3 billion of capital commitments. The firm’s new fund is 30% larger than the firm’s 2019 and fully invested $4.1 billion eighth fund. New York City-headquartered Harvest Partners was founded in 1981 and is an active investor in companies with $300 […]
Granite Creek Closes Fund III
Granite Creek Capital Partners has held a final, oversubscribed, and hard cap closing of its third investment fund, Granite Creek FlexCap III LP, with $300 million of capital. Granite Creek began fundraising for the FlexCap III in 2022 with an initial target of $250 million. The new fund will invest from $10 million to $20 […]
