Eamon Murphy

Shared-value joint-venture model with farmers Fund IV target C$250 mln from Canada institutions Fund V open to individuals, seeks C$50 mln-C$100 mln Toronto private equity firm Area One Farms is raising two funds to expand its business of partnering with Canadian farmers, President and CEO Joelle Faulkner told Buyouts. Area One Farms Fund IV is targeting […]

Data-quality tool for Salesforce.com customers Sales and marketing tech a focus for Silversmith Firm planning global expansion, add-ons in data Silversmith Capital Partners created a sales and marketing technology platform called Validity, which it plans to build through acquisitions and global expansion, Managing Partner Jim Quagliaroli told Buyouts. The firm bought its first company for Validity, acquiring CRMfusion, a provider […]

Software firm provides expense allocation product to managers Automatic invoice processing, with outputs to accounting team Expense allocation a continuing SEC enforcement priority When the SEC’s Office of Compliance Inspections and Examinations released its priorities for 2018, the agency made clear it intended to continue scrutinizing fees and expenses charged by private-fund managers. That’s been an […]

PE firm returns to market 1.5 years after closing Fund II Chicago’s Metric Point Capital listed as placement agent Invests in aerospace, defense and govt. services sector Enlightenment Capital is targeting $200 million for its third fund, according to an SEC filing. The Washington, D.C.-area firm invests in aerospace, defense and government services companies. Its […]

Investment banker for aerospace, defense, gov’t services Established M&A advisory arm of strategy consultancy Firm also makes growth equity investments in security Chertoff Group was founded in 2009 by Michael Chertoff, the second secretary of the Department of Homeland Security, to consult with companies on threat management and government contracting. Jason Kaufman, head of the firm’s […]

Hybrid independent sponsor-committed fund model Sources deals for western U.S. companies via SoCal network Solis to continue on, raise third fund: founder Lubeck Elan Growth Partners has launched to provide capital to lower-middle-market western U.S. businesses in manufacturing, software, business services and food. Founder and Managing Partner Craig Dupper, formerly of Solis Partners, wouldn’t say […]

Vector manages $500 mln credit assets, half in hedge fund Dyal investment to grow business, launch new products Neuberger’s Dyal now partnered with 13 PE, 14 hedge funds The minority stake sold by Vector Capital to Dyal Capital Partners amounts to less than 10 percent of the management company, according to a source with knowledge of the deal. […]

Firm’s 2nd purchase of an Intel business, after McAfee Wind River provides operating system for embedded devices Deal driven by TPG’s interest in Big Data TPG’s acquisition of Wind River, an embedded systems software company, is its second carveout of a business owned by Intel, following last year’s purchase of a majority stake in McAfee, the chipmaker’s cybersecurity […]

80 pct of U.S. institutional loans now covenant-lite Low rates, refinancings, loose terms to postpone defaults Recovery value to lenders likely to be less than in past cycles Fitch Ratings is calling the peak in credit, citing a slackening of lending terms and a risk-reward mismatch for investors. The agency reported Tuesday that “significant loosening of […]

Private-fund-formation attorney, hybrid-vehicle expert Co-author of legal treatise on PE-fund structure, operations Co-chairs NYS Bar Association’s private funds group Attorney Kristine Koren’s interest in the law was piqued by a school field trip to the U.S. District Court for Puerto Rico, where she grew up. There, the Hon. Juan Pérez-Giménez told the students that, one day, […]