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vcaonline.com October 26, 2018

Atlantic Street Capital Announces Promotions Of Phil Druce And George Parry To Partner

STAMFORD, Conn., October 25, 2018-- Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced today at the firm's annual meeting the promotions of Phil Druce and George Parry to Partner. Both were most recently Principals of the firm. Peter Shabecoff, Managing Partner at Atlantic Street Capital, said, "We are proud of our deep and talented team and we are fortunate to have on the team two professionals with such outstanding investment and business transformation skills.
Read by 32% of LPs

prnewswire.com October 25, 2018

Atlantic Street Capital Announces Promotions Of Phil Druce And George Parry To Partner

STAMFORD, Conn., Oct. 25, 2018 /PRNewswire/ -- Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced today at the firm's annual meeting the promotions of Phil Druce and George Parry to Partner. Both were most...
Read by 48% of LPs

realassets.ipe.com October 24, 2018

New Mexico Sic Boosts Real-return Portfolio With Brookfield And Blackrock Funds | News | Ipe Ra

US institutional investors makes $175m of commitments to real assets funds. : New Mexico State Investment Council (SIC) has approved $175m (EUR153m) of new commitments for its $1.9bn real-return portfolio. A spokesperson for the institutional investor confirmed that it plans to invest $75m in Brookfield Senior Mezzanine Real Estate Finance Fund and $100m in BlackRock Global Energy & Power Infrastructure Fund III. The first fund is an open-ended vehicle targeting net returns of 6-7% by originating floating-rate loans for low-risk US real estate assets, syndicating the first mortgage and retaining senior mezzanine exposure.
Read by 37% of LPs

hfalert.com October 24, 2018

Hedge Fund Alert :: Search Results

Apollo Global is developing a product to protect investors against severe deteriorations in credit-market conditions.The Apollo Tail Convexity Strategy would be available to holders of the New York firm's separate accounts, but not as a commingled fund. It would aim to produce big profits should those customers' debt-focused portfolios experience extreme declines in asset values, likely with an eye toward the effects of rising...
Read by 45% of LPs

jdsupra.com October 03, 2018

Women In Private Equity To Know: Caroline Ducas | Mcguirewoods Llp

With more than 25 years of experience in finance and PE, Caroline Ducas is a partner at Resolute Capital Partners, a series of multi-strategy SBIC funds based in Nashville, Tenn. Resolute Capital Fund IV, a recently raised $325 million fund, is...By: McGuireWoods LLP.
Read by 46% of LPs

nreionline.com September 28, 2018

Lampert's Hedge Fund To Benefit From Sears Restructuring. | National Real Estate Investor

(Bloomberg)--Eddie Lampert's hedge fund has a new plan for cutting Sears debt. The main beneficiary would once again be Eddie Lampert's hedge fund. Lampert, Sears Holdings Corp.'s chief executive officer, called this week for the underperforming retailer to stanch the bleeding by paying off certain loans -- many of them owned by his hedge fund -- while swapping other debt for notes that convert to equity. This comes at a time when Sears stock is hovering just above $1 a share, an 87 percent dive in the past year.
Read by 34% of LPs

thegazette.com September 28, 2018

Sears Ceo's Plan Would Pay His Hedge Fund $1B

Eddie Lampert's hedge fund has a new plan for cutting Sears debt. The main beneficiary would be Eddie Lampert's hedge fund. Lampert, Sears Holdings Corp.'s CEO, called this past week for the underperforming retailer to stanch the bleeding by paying off certain loans -- many of them owned by his hedge fund -- while swapping other debt for notes that convert to equity. This comes at a time when Sears stock is hovering just above $1 a share, an 87 percent dive in the past year.
Read by 49% of LPs

vcaonline.com September 25, 2018

Audax Private Equity Acquires Controlling Interest In Acuant

Leading global provider of identity verification solutions poised for product expansion and accelerated growth BOSTON & LOS ANGELES, September 24, 2018-- Audax Private Equity today announced it has completed an investment in Acuant to support the continued growth initiatives of the company as a global provider of identity verification solutions. Audax acquired a controlling interest in Acuant from Insight Venture Partners, Lightview Capital and Egis Capital Partners. Acuant's award-winning Identity Platform empowers businesses and consumers to transact with trust.
Read by 66% of LPs

pehub.com September 24, 2018

Audax Takes Controlling Stake In Acuant

Audax Private Equity has acquired a controlling stake in Los Angeles-based Acuant, a provider of identity verification solutions. No financial terms were disclosed. The sellers were Insight Venture Partners, [...]
Read by 76% of LPs