Multi-Strategy Paceline Closes Fund

Multi-Strategy Paceline Closes Fund

Paceline Equity Partners has held a final closing of Paceline Equity Partners Opportunity Fund I LP and a sister fund with $350 million of total capital. Institutional investors in Fund I include sovereign wealth funds, public pension funds, university endowments, family offices and funds of funds from North America, Europe, and the Middle East. Dallas-based […]

HarbourVest Closes New Credit Fund

HarbourVest Closes New Credit Fund

HarbourVest Partners has held a final close of Credit Opportunities Fund II LP (COF II) with $833 million of capital. The new fund was oversubscribed and closed above its target of $600 million. COF II was supported by numerous worldwide institutional limited partners including public and private pension funds, insurance companies, endowments, family offices, and […]

Entrepreneurial Equity Partners Closes First Fund

Entrepreneurial Equity Partners Closes First Fund

Entrepreneurial Equity Partners (E2P) has closed its inaugural fund, Entrepreneurial Equity Partners I LP, with $423 million of capital commitments. Chicago-based E2P was founded by Mark Burgett, a former managing director at Wind Point Partners, and CJ Fraleigh, a former CEO of Shearer’s Foods and Sara Lee North America. E2P makes control-oriented investments of $25 […]

Branford Leverages Top Quartile Performance, Closes Second Fund

Branford Leverages Top Quartile Performance, Closes Second Fund

Branford Castle Partners has closed its second fund with just over $205 million in capital commitments. Branford Castle invests in companies that have enterprise values of up to $100 million and EBITDA of less than $15 million. Sectors of interest include consumer products and services, commercial distribution, industrials and specialty manufacturing, business services, and logistics. From […]

Calm Skies, Muddy Waters

Calm Skies, Muddy Waters

Sellers and buyers continued to revel in resumed transaction activity, but the after-effects of the unprecedented global health crisis has left underlying conditions difficult to read, according to GF Data’s just-released first-quarter report. GF Data’s 236 active private equity contributors completed 74 transactions in the quarter meeting the data tracking firm’s parameters – Total Enterprise […]

Atlantic Street Keeps Building Team

Atlantic Street Keeps Building Team

Atlantic Street Capital has added Jay Steinle to its team as a partner. In his new role with Atlantic Street, Mr. Steinle is responsible for the firm’s investor relations, managing existing limited partner relationships and developing new investor relationships. Before joining Atlantic Street, Mr. Steinle was a managing director at Lighthouse Investment Partners from 2005 […]

Katten’s Newest Partner Focuses on M&A and Fashion Industry

Katten’s Newest Partner Focuses on M&A and Fashion Industry

Chicago-headquartered law firm Katten has added Ilana Lubin to its mergers and acquisitions and private equity practice in New York. As a partner with the firm, Ms. Lubin will be active advising companies across numerous industries on domestic and cross-border mergers and acquisitions, as well as on divestiture and joint venture transactions, particularly those in […]

Spring Bridge and Hollyport Back Brentwood

Spring Bridge and Hollyport Back Brentwood

Brentwood Associates has closed Brentwood Associates Opportunities Fund LP led by secondaries investors Spring Bridge Partners and Hollyport Capital. The new fund closed with $190 million in commitments and its capital was largely used to purchase certain portfolio companies – not identified by Brentwood – from two of the firm’s earlier funds and to provide […]

Lincoln Hires Food and Beverage Pro

Lincoln Hires Food and Beverage Pro

Investment bank Lincoln International has added Jeff Cleveland to its team as a new managing director. Mr. Cleveland will be active in Lincoln’s global consumer group with a specific focus on transactions within the food and beverage sector. Before joining Lincoln, Mr. Cleveland was with the Seattle office of investment bank D.A. Davidson for more […]

AEA Growth Launched in San Francisco

AEA Growth Launched in San Francisco

AEA Investors has added Bobby Bassman and Ravi Sarin as co-heads of AEA Growth to make investments in tech-enabled, software and healthcare services companies. Mr. Bassman comes to AEA after 17 years at Morgan Stanley where he was a founding member of Morgan Stanley Expansion Capital, the firm’s $1 billion growth equity and credit strategy. […]