After just over a five-year hold, Gen Cap America has sold Aero Systems Engineering to Calspan Technology. Aero Systems Engineering (ASE) designs, builds and upgrades jet engine testing and wind tunnel facilities, and provides lab
Publicly traded Triumph Group has agreed to sell its aerospace composites operations to Arlington Capital Partners. The Triumph composites operations (TCO) – with locations in Milledgeville, Georgia (650,000 sq. ft.) and Rayong, Thailand (135,000 sq.
MSD Partners has held a final closing of MSD Special Investments Fund LP with $825 million in capital. The new fund had a target of $500 million. MSD Partners was formed in 2009 by the
Ocean Avenue Capital Partners has closed Ocean Avenue Fund IV LP at its hard cap of $350 million. The new fund had an original target of $300 million. Investors in Fund IV include public and
The firm named Kevin Brown as co-head of its private capital group along with newly hired John Civantos
Tavola, a portfolio company of Switzerland-based family office Verium, has acquired a majority stake in Germany-based Mediterranean food products company Frische und Service as part of a succession solution.
KKR, CVC Capital and Ares Management were the big name private equity firms picking up commitments in the latest round of investing from New York pension giant NYSCRF.
Madison Dearborn Partners has partnered with Caisse de dépôt et placement du Québec (CDPQ) to acquire publicly traded IPL Plastics at an enterprise value of $736 million. IPL Plastics (TSX: IPLP) is a maker of
CORE Industrial Partners has formed Incodema Holdings to acquire sister-companies Incodema, a sheet metal services provider, and Newchem, a provider of photochemical etching services. Incodema provides sheet metal cutting and forming services including laser, micro
The $42.3bn-managing Illinois Municipal Retirement Fund has agreed a trio of new private equity commitments worth $125.
Laxman Pai, Opalesque Asia: U.K. pension funds upped hedging activity in the second quarter amid uncertainty over the economic outlook, said BMO. Amidst grave uncertainty as to the global economic future, both interest ...Article Link
According to a new study by Katten, pet owners’ love for their animals, along with the impact of COVID-19, are among the reasons decision-makers feel bullish about the future of private equity and animal care.
Gallant Capital Partners has held a final closing of its inaugural fund, Gallant Capital Partners I LP, with $378 million in capital commitments. The firm’s first fund closed at its hard-cap and was substantially oversubscribed,
Well before the Second World War, The Bahamas was already seen as a desirable place for persons with wealth to come and live. The Bahamas&' financial services industry didn&'t come first: what really came first
Ontario Teachers’ Pension Plan (OTPP) has led a $50m series-C for risk analysis software company ComplyAdvantage.
The pandemic resulted in an 8.3% decline in the value of private-equity investments held by the Massachusetts state pension fund
Social impact private equity firm TPP Capital Management Group is launching a $1bn initiative to support health in black communities and is looking for LPs to support it. The Philadelphia-based firm has said it is
Posted by Brian T. Daly and Marc E. Elovitz, Schulte Roth & Zabel LLP, on Monday, July 27, 2020 Editor's Note: Brian T. Daly and Marc E. Elovitz are partners at Schulte Roth & Zabel
KPS Capital Partners has agreed to acquire AM General, a military vehicle and contract automotive manufacturer, from MacAndrews & Forbes, an investment firm controlled by Ronald Perelman. AM General manufactures specialized vehicles for military and
J.F. Lehman & Company has held a final closing of its fifth fund with $1.35 billion of capital. Initially targeting $1.0 billion, JFL Equity Investors V LP, was oversubscribed and closed at its hard cap.
