Swiss bank Credit Suisse and the Qatar Investment Authority (QIA) said on Thursday they were jointly setting up a multi-billion dollar direct private credit business. QIA, which is Qatar's sovereign wealth fund and has a 5.4% stake in Credit Suisse, manages about $300 billion in assets. Credit Suisse and QIA said in a joint statement that the platform, part of Credit Suisse Asset Management's Credit Investments Group (CIG), would provide financing mostly through secured first and second-lien loans to upper middle market and larger companies in the United States and Europe.
COLORADO SPRINGS, Colo. & BOSTON--(BUSINESS WIRE)--Insurance Technologies, LLC ("InsTech" or the "Company"), a provider of sales and regulatory automation solutions for the insurance and financial services industries, and Thomas H. Lee Partners, L.P. ("THL"), a premier private equity firm investing in growth companies, today announced that they have entered into a definitive agreement under which THL will acquire a majority stake in Insurance Technologies from NexPhase Capital, LP, an operation.
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/guggenheim-securities-makes-another-hire-to-expand-in-middle-market-investment-banking-51599683156 Chris Macios is the latest executive to join Guggenheim Securities, which is building out its middle-market investment-banking practice. Macios will be a managing director at Guggenheim, where he will focus on coverage of private-equity firms, or financial sponsors, according to a statement. He will begin working at Guggenheim in October and will be based in New York.
TAMPA, Fla., Aug. 31, 2020 /PRNewswire-PRWeb/ -- Skyway Group Private Equity Funds, a leading private equity firm focused on mid-market investments in healthcare, human capital, information technology, and real estate, is announcing a name change effective today to SCP & CO. The name change reflects the company's new strategic direction to make larger investments on a national scale and draw a greater distinction between its past history and future plans. Originally founded in 2002 as Skyway Capital Partners, the company has a history of building long-term sustainable value through both organic growth and strategic mergers and acquisitions.
WESTPORT, Conn., August 20, 2020-- Gemspring Capital, a middle-market private equity firm, announced today that they have recently added three senior team members, Michael Fan, Brad Liff, and Jack Tucker. Michael Fan, a Principal, is focused on investments in Software. Michael has more than a decade of experience in sourcing and executing transactions in the technology sector and joins Gemspring from Rubicon Technology Partners. He has also held private equity roles at York Capital and Bain Capital, primarily focusing on technology investments.
WESTPORT, Conn.--(BUSINESS WIRE)--Gemspring Capital, a middle-market private equity firm, announced today that they have recently added three senior team members, Michael Fan, Brad Liff, and Jack Tucker. Michael Fan, a Principal, is focused on investments in Software. Michael has more than a decade of experience in sourcing and executing transactions in the technology sector and joins Gemspring from Rubicon Technology Partners. He has also held private equity roles at York Capital and Bain Capi.
ATLANTA, Aug. 18, 2020 /PRNewswire/ -- CIVC Partners, L.P. ("CIVC"), a Chicago-based middle market private equity firm focused on investments in business services industries, is pleased to announce the firm's investment in iVision (the "Company"), in partnership with Gabe Damiani, David...
WAYNE, Pa., August 10, 2020-- Guardian Capital Partners is pleased to announce the hiring of Damien J. Gresko as a Vice President. Mr. Gresko brings to Guardian a distinct combination of deal and strategic operating experiences in public and private markets. In addition to deep consumer products and manufacturing expertise, Mr. Gresko has substantial experience across a diverse set of industries and circumstances, leading successful outcomes through all phases of an investment lifecycle, from end-to-end transaction execution through portfolio management and exit.
NEW YORK, Aug. 10, 2020 /PRNewswire/ -- Siguler Guff, a multi-strategy private equity investment firm with over $14 billion of assets under management, announced today that the Firm has further strengthened its credit investment platform with the hiring of Ray Miller and Prashant Rai....
The economic fallout from COVID-19 has middle market private equity firms canvassing lenders more broadly than before to fund new buyouts, searching for best terms on capital in an environment that has become even more opaque.