Arlington Capital Partners has closed its sale of J&J Worldwide Services to publicly traded CBRE Group for $800 million in cash, plus a potential earn-out of up to $250 million. J&J Worldwide Services, acquired by Arlington Capital through its fifth fund in July 2020, is an outsourced provider of facility maintenance services including operations support […]
Archives for February 29, 2024
New Business Development Head at GenNx360
GenNx360 Capital Partners has added Jordan Buxton-Punch to its team as the firm’s new director of business development. In his new position, Mr. Buxton-Punch, who has more than eight years of origination experience, will manage all aspects of the firm’s origination process for both new platforms and add-on acquisitions. Prior to joining GenNx360, Mr. Buxton-Punch […]
JLL Adds a Managing Director
JLL Partners has added Cara Killackey to its team as managing director of investor relations. In her new position, Ms. Killackey will oversee the investor relations function at JLL and lead capital formation efforts for the firm’s investment funds and co-investment programs. Prior to joining JLL, Ms. Killackey was a principal at I Squared Capital, […]
Ocean Avenue Hard Caps Another Fund
Ocean Avenue Capital Partners has held an oversubscribed, hard cap, and final closing of the firm’s fifth fund, Ocean Avenue Fund V LP, with $600 million in capital commitments. Limited partners in the new fund include endowments and foundations, corporate and public pension plans, insurance companies and family offices across the United States, Europe, Asia, […]
