L Squared Capital Partners has closed its oversubscribed third fund, L Squared Capital Partners III LLC, with just over $500 million of capital. The new fund was supported by the firm’s existing investors and several new limited partners including family office investors, a focus of L Squared since its founding in 2014. Family offices make […]
Blue Sage Capital has held a final, oversubscribed, and above target closing of its third fund, Blue Sage Capital III LP, with capital of $300 million. Blue Sage’s earlier fund closed in December 2012 with $150 million of capital. The new fund was raised with commitments from existing investors as well as new limited partners […]
Brown Gibbons Lang & Company (BGL) has hired Heather Mosbacher Reiner as a managing director in the firm’s financial sponsor coverage group. Ms. Reiner will be based in New York City. Ms. Reiner has more than 20 years of experience in investment banking and joins BGL from William Blair where she was a director in […]
Houlihan Lokey (HL) has hired Richard Hoh as a managing director in its industrials group. Mr. Hoh will be part of the firm’s industrial technology subsector team, focusing primarily on electronic components as well as environmental technologies. HL’s industrials group has more than one hundred professionals in eight offices around the world. Mr. Hoh, who […]
The Stephens Group has promoted Rob Dickinson and Jens Talbert to Senior Associate. “We are pleased to recognize Jens’ and Rob’s hard work and efforts with promotions,” said Witt Stephens, Chairman and CEO of The Stephens Group. “Since joining the firm, they have been key members of our investment team focused on both evaluating new […]
Compass Diversified has hired Katie Melzer as a managing director and head of business development. Prior to joining Compass Diversified (CODI), Ms. Melzer spent more than 15 years at Robert W. Baird, most recently serving as a director in the firm’s consumer investment banking group. At Baird, she worked with private equity firms and multinational […]
By Andy Greenberg, CEO GF Data and Greenberg Variations Capital —– Back in April, I wrote a commentary titled “Nobody Knows Anything” that described the immediate challenges facing the M&A industry in the wake of a global health crisis that rendered inoperative most methods of business valuation. Since then, we’ve all tracked the successive waves […]
Stellex Capital Management has closed Stellex Capital Partners II LP with total commitments of more than $1.77 billion and exceeding the fund’s original $1.25 billion target. Stellex closed its debut fund in July 2017 with $870 million of capital. Stellex’s founding partners – Ray Whiteman and Michael Stewart – have worked together for over 17 […]
Berkshire Partners has partnered with food executive Javier Vélez-Bautista to form El Dorado Foods. Mr. Vélez-Bautista now becomes the CEO of El Dorado and the new platform will be active acquiring Latin-inspired food and beverage brands. Mr. Vélez-Bautista was most recently the chief executive officer of Mission Foods, a producer of tortillas and other Mexican […]
Benford Capital Partners has held a final closing of its inaugural private equity investment fund, Benford Capital Partners Fund I LP. The new fund closed with total limited partner commitments of $130 million, markedly above its target of $100 million. Investors in BCP I include university endowments, family offices, pension funds, fund of funds, and […]
