A group of five private equity professionals, with previous connections to Indianapolis-based Hammond, Kennedy, Whitney & Co. (HKW), have teamed together to launch Monument MicroCap Partners (MMP). MMP will look to acquire historically profitable US and Canadian-based companies that have EBITDA from $1 million to $5 million. Sectors of interest include niche manufacturing with meaningful […]
TA Associates has hired Calen Angert and Nicholas Leppla who have rejoined the firm as Vice Presidents in the firm’s Menlo Park office. “We are thrilled to welcome back Calen and Nick to the firm,” said Brian Conway, Chairman and Managing Partner at TA Associates. “As Associates, both proved to be valuable contributors to TA […]
Summit Park has held a final closing of its third fund, Summit Park III LP, with $245 million of capital commitments. The new fund exceeded its original target of $200 million. Summit Park’s earlier fund closed in April 2015 with $118 million of capital commitments. Summit Park invests in lower middle market companies that have […]
Sixpoint Partners has hired Richard Siegel as a vice president in its capital solutions business. In his new role, Mr. Siegel will be responsible for due diligence, execution and origination efforts in the secondaries and co-investment markets. Sixpoint is an advisor to the middle-market private equity industry with three areas of focus: (i) primary fund […]
Trinity Hunt Partners has promoted Cheryl Small to Chief Financial Officer and John Oakes to Senior Associate. Dallas-based Trinity Hunt invests in founder and family-owned companies that have EBITDAs between $5 million and $25 million and enterprise values between $25 million and $150 million. Sectors of interest include B2B business services, niche manufacturing, industrial services, […]
Gridiron Capital has hired John Warner as a new managing director. Mr. Warner will be responsible for sourcing and evaluating investment opportunities, performing due diligence, and participating in the structuring, negotiation, financing and closing of portfolio investments. He will also work with Gridiron’s portfolio companies on strategic and operating initiatives. “We have gotten to know […]
The former management team of Wafra Partners, the direct equity division of Wafra, has spun out to form Granite Bridge Partners. Forming and joining Granite Bridge are Peter Petrillo, Jeff Gerson, Mike Goodman, Eric Norfleet, Ryan Wierck and Sam Green. Mr. Petrillo leads the firm as Managing Partner. With backing from Spring Bridge Partners and […]
The Carlyle Group has held a final close of its newest US buyout fund, Carlyle Partners VII, at $18.5 billion. More than 320 investors from 57 countries committed capital to the new fund, which exceeded its $15 billion target and closed at its hard cap. Carlyle’s US buyout team is co-led by managing directors Peter […]
Soundcore Capital Partners has held a final hard cap close of Soundcore Capital Partners Fund II LP (Fund II) with $350 million of capital commitments. Fundraising commenced in September 2017 with an original target of $300 million. Soundcore – a name derived from the firm’s focus on “sound investments” and “core principles” – invests from […]
Yellow Wood Partners, a private equity firm focused on investing in consumer brands and companies, has promoted Jennifer Roach Pacini to Vice President. Ms. Roach Pacini joined Yellow Wood in 2014 as an Associate and was promoted to Senior Associate in 2016. Prior to joining the firm she was a Senior Analyst at economic consulting […]
