Webster Has Hard Cap Close

Webster Has Hard Cap Close

Webster Capital has held a final closing of Webster Capital IV LP (Fund IV) at its hard cap of $875 million. The original target for the new fund was $650 million. Fund IV was oversubscribed and received commitments from both new and returning limited partners, including institutional investors from Europe, North America, Asia and Australia. […]

Andrew Scharf Joins WILsquare

Andrew Scharf Joins WILsquare

WILsquare Capital has added Andrew Scharf to its investment team as a Vice President. “We are extremely pleased to have Andrew join our growing team,” said Bill Willhite, Managing Partner at WILsquare Capital. “Andrew’s significant transaction experience and meaningful understanding of lower-middle market companies will allow him to quickly contribute to our continued growth as […]

Riverside Closes at Hard Cap

Riverside Closes at Hard Cap

The Riverside Company has held a final hard cap close of Riverside Micro-Cap Fund V (RMCF V) with capital commitments of $1.2 billion. This fundraise was completed in less than four months and demand exceeded the hard cap by more than 50%. Riverside’s micro-cap funds (RMCF) were launched in 2005 and have acquired over 55 […]

Kayne Anderson Closes Fund III

Kayne Anderson Closes Fund III

Kayne Anderson Capital Advisors has held a final above-target close of its latest fund, Kayne Senior Credit Fund III LP, with $3 billion of committed capital. Kayne Anderson’s middle market credit strategy invests in acquisition financings, refinancings, recapitalizations and growth capital to private equity sponsored and family-owned businesses that operate in a wide range of […]

Gridiron Adds VP

Gridiron Adds VP

Gridiron Capital has rehired Mario Masrieh as a Vice President after Mr. Masrieh completed earning his MBA from Columbia Business School. “We have missed Mario and are happy to have him back with us,” said Tom Burger, Co-Founder and Managing Partner at Gridiron Capital. “He was a hardworking and valued contributor to the team while […]

Honey, We Shrunk the Volume

Honey, We Shrunk the Volume

Valuations and debt levels remained aloft in the second quarter of 2018, according to GF Data’s just-released August report.   At the same time, the data tracking firm saw a drop in completed deal volume that defies the general sense of an enduring red-hot market. Two hundred and six private equity groups and other deal sponsors […]

Waud Looks to Home Care Market

Waud Looks to Home Care Market

Waud Capital has partnered with healthcare executive Chris Rucker to pursue investments in the home care market. The new effort, backed by a $100 million equity commitment from Waud, will focus on targeted subsectors, including home health nursing, hospice, personal care and other home and community-based services. “I’m excited by the opportunity to partner with […]

New Firm Launched In Indy

New Firm Launched In Indy

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 Adds Two

TA Associates Adds Two

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 Beats Target

Summit Park Beats Target

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 […]