Neuberger Berman Closes Fourth Co-Investment Fund

Neuberger Berman Closes Fourth Co-Investment Fund

Investment manager Neuberger Berman has held an above target and final closing of NB Strategic Co-Investment Partners IV LP (Fund IV) with just over $2.1 billion of commitments. Limited partners in Fund IV include more than 30 institutional investors from Asia, Europe, Latin America and North America including public pension plans, foundations, corporate pension plans, […]

M/C Names New Partners

M/C Names New Partners

M/C Partners has named three new partners with the promotions of Ryan Carr, Abhishek (AB) Rampuria and Julia Senior. The firm has also promoted Arvind Viswanathan to senior associate. “Ryan, AB, and Julia have each demonstrated the ability to identify, source and lead deals in their respective industry sectors and have played leadership roles in […]

Abacus Begins 2021 with Three Promotions

Abacus Begins 2021 with Three Promotions

Abacus Finance Group has announced the promotions of Joseph Lee to senior associate, and Jacob Wise and Austin Rendell to associate. “We begin 2021 celebrating Abacus’s tenth anniversary. As the experience of our investment team continues to deepen, we are better prepared to meet our goal of always providing our sponsors with the talent and […]

Oak Hill Closes On New $3.8 Billion

Oak Hill Closes On New $3.8 Billion

Oak Hill Capital has held an oversubscribed and above target closing of Oak Hill Capital Partners V LP (“OHCP V”) with $3.8 billion of capital. According to Oak Hill, the new fund has the largest amount of third-party capital of any fund the firm has raised in its 35-year history. Limited partners in OHCP V […]

Castle Harlan Adds Managing Director

Castle Harlan Adds Managing Director

New York City-based Castle Harlan has named a new managing director with the promotion of Vice President Patrick Zyla. Mr. Zyla joined Castle Harlan in 2014 from RBC Capital Markets where he was active on mergers and acquisitions as well as equity and debt financing transactions. Mr. Zyla is active at Castle Harlan sourcing new […]

Gridiron Closes its Largest Fund

Gridiron Closes its Largest Fund

Gridiron Capital has held a hard-cap and oversubscribed closing of Gridiron Capital Fund IV LP, and affiliated funds (Gridiron IV), with $1.35 billion of capital. Limited partners in Gridiron IV, the largest fund ever raised by Gridiron, include pension funds, insurance companies, family offices, endowments, and foundations. “With the closing of Gridiron IV, we are […]

Periscope Beats Fund II Target

Periscope Beats Fund II Target

Periscope Equity has held a final, above target, and oversubscribed closing of its second institutional fund, Periscope Equity II LP, with $225 million of capital commitments. Limited partners in the new fund include university endowments, pension funds, charitable foundations, funds-of-funds and family offices. “The durability and growth of our existing portfolio during the pandemic demonstrates […]

Crossplane Hits Hard Cap on Inaugural Fund

Crossplane Hits Hard Cap on Inaugural Fund

Crossplane Capital has held an oversubscribed, hard cap, and final closing of its inaugural fund, Crossplane Capital Fund LP, with $275 million of capital. Institutional limited partners in Crossplane’s new fund include endowments, foundations, asset managers, family offices, and pension plans. Crossplane invests control equity in companies that have up to $15 million of EBITDA […]

New Managing Director at Greenbriar

New Managing Director at Greenbriar

Greenbriar Equity Group has promoted Matthew Burke to managing director. Mr. Burke joined Greenbriar in 2010 and has been active with sourcing and structuring several of the firm’s portfolio investments with a focus on the vehicle aftermarket, logistics, and business services sectors. “Matt’s promotion is a reflection of both his proven investment capabilities over the […]

Chicago Pros Form Turnout Capital

Chicago Pros Form Turnout Capital

Turnout Capital, a new lower middle-market private equity firm, has been formed to invest junior capital in small, growing businesses across a range of sectors. Turnout makes both control and non-control investments of subordinated debt and equity in North American-based companies with $5 million to $50 million of annual revenue and at least $1 million […]