Insight Partners has held a final hard cap closing of Insight Partners XI LP at $9.5 billion. The firm’s earlier fund closed with $6.3 billion of capital commitments in 2018. Insight Partners makes expansion and late-stage investments in software, e-commerce, internet and data-services businesses. The new fund is expected to invest between $10 million and […]
Platte River Equity has hired Brian Klaban as the firm’s new Director of Business Development and Debt Capital Markets. Mr. Klaban will lead Platte River’s sourcing, marketing and business development efforts and support the firm’s debt financing activities. Mr. Klaban has more than fifteen years of business development and leveraged finance experience. Prior to joining […]
Gemspring Capital has closed its second fund, Gemspring Capital Fund II LP, with $750 million of capital commitments. Limited partners in the new fund include endowments, foundations, family offices, consultants, insurance companies, pension plans and funds of funds. Notably, each of Gemspring’s institutional investors from its first fund, which closed in November 2016 with $350 […]
By Andy Greenberg – CEO GF Data® and Greenberg Variations Capital Attempts to gain perspective on the deal market in the midst of coronavirus have reminded me of this ageless observation from the screenwriter William Goldman: “Nobody knows anything…… Not one person in the entire motion picture field knows for a certainty what’s going to work. […]
Ampersand Capital Partners has closed its latest fund, Ampersand 2020 LP (AMP-20) with $690 million in limited partner commitments. The new fund – Ampersand’s tenth fund since 1992 – was oversubscribed and closed after just three months of fundraising. Limited partners in the new fund include a global set of institutional investors including endowments, foundations, […]
TorQuest Partners has held a final hard-cap closing of TorQuest Partners Fund V LP with C$1.375 billion of committed capital. The new fund closed above its target of $1.1 billion and was significantly oversubscribed. Limited partners in Fund V include public and private pension plans, endowments, sovereign wealth funds, financial institutions, insurance companies and family […]
Ernst & Young (EY) has published its latest Capital Confidence Barometer (CCB) that finds business leaders focusing on the impact of COVID-19 on supply chains, revenue and profitability, while also reconfiguring capital allocation and M&A plans for the post-crisis world. According to the CCB, which surveyed more than 2,900 global C-Suite executives, almost three-quarters (73%) […]
PE leaders are scrambling to keep up with the Covid-19 crisis. What they need is a practical way to assess risk company by company and prioritize the most effective response. By Marc Lino, Hubert Shen, Andrei Vorobyov and Hao Zhou; partners with Bain & Company’s global private equity practice As fast as the Covid-19 crisis […]
Middle market investor Genstar Capital has promoted Rob Clark to director and Scott Niehaus to principal. “Rob and Scott have been terrific contributors to Genstar Capital,” said Ryan Clark, president and managing director of Genstar. “They have been involved in a significant number of Genstar investments and have played an important role in our ongoing […]
Tampa-based investment bank Skyway Capital Markets has added a new managing director to its team with the hiring of Patrick Warren. Mr. Warren will be based in Tampa and will be active sourcing and executing transaction advisory and other corporate finance assignments for the firm. “Skyway has a strong track record of advising high-quality middle-market […]
