Thomas H. Lee, Pioneer in Leveraged Buyouts, Is Dead at 78
Born into wealth, he became a billionaire in founding an aggressive Boston private equity firm. He was remembered as a “kinder, gentler” corporate raider.
Born into wealth, he became a billionaire in founding an aggressive Boston private equity firm. He was remembered as a “kinder, gentler” corporate raider.
Metric Capital, a UK-based investor in mid-sized companies, is set to hold a first close for its fifth, EUR 1.5bn fund in the spring, a source familiar with the situation told Unquote.
The financier, who died at 78 years old, was known for prominent takeovers of Snapple and Warner Music.
Dutch mid-cap investor Quadrum Capital is on the final stretch of fundraising for its new fund with a target of around EUR 400m-EUR 450m, managing partner Peter Oostenenk told Unquote.
Secondaries specialist Coller Capital has established a new arm to help it tap the USD 85trn market of private wealth looking to up its allocation to private markets, partner Jake Elmhirst told Unquote.
Infrastructure investor Ancala Partners is well on the way to a final close for its $1.3bn-targeting third fund. The post Ancala Partners in sight of €1.3bn Fund III goal first appeared on AltAssets Private Equity
Buyout giant KKR has named Pete Stavros and Nate Taylor as co-heads of its global private equity business. The post KKR names Stavros, Taylor co-head of global private equity first appeared on AltAssets Private Equity
Solar specialist NextEnergy Capital has hit a target-beating £595m close for its debut fund - and could go as high as a £1bn hard cap. The post Solar specialist NextEnergy Capital passes £500m fund goal,
European climate tech investor Contrarian Ventures has picked up backing from the European Investment Fund towards its €75m-targeting sophomore investment vehicle. The post Climate tech specialist Contrarian Ventures gets EIF backing for sophomore fundraise first
Credit investment major Crescent Capital has scored another $8bn of investment firepower with the final close of its latest fund. The post Credit-focused Crescent Capital celebrates $8bn of new firepower with biggest-ever fund close first appeared
Early buyout pioneer Thomas H Lee has been found dead by the emergency services at his Manhattan office. The post Billionaire private equity veteran Thomas H Lee found dead at 78 first appeared on AltAssets
ECI Partners is preparing the sale of UK-based customer support services company Moneypenny for later this year, according to several sources familiar with the matter.
The financier, who called himself Tomcat, was an early buyout enthusiast.
New Role to Enhance Global Connectivity and Support KKR’s Local & Global Investment Model NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that Pete Stavros and Nate Taylor have been named Global
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