Eamon Murphy

Loans are first lien, senior secured Most portfolio companies sponsor-backed Managed by AllianzGI’s US Private Credit Solutions Allianz Global Investors and StepStone Group have announced the formation of a new lender to U.S. middle-market companies, AC Loan Sourcing. The portfolio is managed by AllianzGI’s US Private Credit Solutions team, with loans being sourced in collaboration with […]

Smith to stay on at credit arm through June Scott previously promoted to president in succession plan GSO Chairman Goodman only co-founder to remain Tripp Smith, co-founder of Blackstone Group’s GSO Capital Partners, will leave at the end of June to pursue other opportunities, a company memo obtained by Buyouts says. Smith and his partners, Bennett Goodman and […]

SNAPSHOT Company: Moravia Lender: Barclays Legal advisor: CMS, Paul Weiss, Mintz Levin Financial adviser: William Blair WHY THEY WON 137.8 pct gross IRR; 8.3x multiple Increased number of employees from 916 to 1,521 Overhauled sales, introduced company to prominent new customers The sale of Moravia to RWS was “a phenomenal result” for Clarion Capital Partners, said Jonathan Haas, who […]

Venue virtual deal room for secure sharing of privileged info Deal-sourcing tool Axial connects CEOs, advisers, investors Offers contract analytics through partnership with eBrevia As president of global capital markets at Donnelley Financial Solutions, Craig Clay is charged with “partnering with private equity funds in understanding the market and their needs, and how their portfolio operations group can be assisted,” he […]

Sixth deal out of Silver Lake spinout’s $266 mln debut Conexiom offers supply-chain automation SaaS solution CEO: Competition from Amazon driving customer adoption Luminate Capital Partners’ investment in Conexiom, a supply-chain automation software company, is representative of the firm’s strategy and also something of an expansion, according to Founder and Managing Partner Hollie Haynes. “Our sweet spot […]

Firm has in-house operational team for sales, marketing, SEO Invests in SaaS companies doing HR, security, infrastructure Targets bootstrapped, orphaned, venture-backed businesses Technology investment firm Turn/River Capital has raised $168 million for its third fund, holding “a single one-and-done close,” Managing Partner Dominic Ang told Buyouts. Fundraising took less than 90 days. Ang said all limited […]

Leads NorthBound Emerging Managers Private Equity Fund Platform also co-invests, makes private debt investments Headed diversity business initiative at Lehman Brothers From 2004 to 2006, Patricia Miller Zollar worked on a project at Lehman Brothers called the Partnership Solutions Group, “focused on creating new business opportunities with women- and minority-owned financial-services firms,” she said. “It was a firmwide […]

Invests in mid-market defense, aerospace, government companies ByteCubed offers business intelligence, data analytics Founded by Ahmad Ishaq, Afghan asylee and entrepreneur Enlightenment Capital’s investment in ByteCubed, announced last week, represents a bet that a relatively small player can hold its own in a space that includes behemoths like Booz Allen Hamilton and SAIC. Based in Arlington, Virginia, […]

Data analytics platform for sports/entertainment, education, healthcare Customers, including NFL and NHL, a selling point 3rd data analytics play by Strattam, after Blacksmith Applications, Trax Strattam Capital’s investment in data-management company SSB, the first deal out of its second fund, was about more than just technology, according to Managing Partner Bob Morse. “There’s a lot of talk about AI,” Morse said. “A lot […]

LPs overwhelmed with re-ups as GPs come back earlier Some seeking ownership in GPs tied to fund commitments More consideration of uncorrelated assets, credit strategies John McCormick is a partner in the Boston office of Monument Group, with responsibility for investor coverage in the U.S. and Latin America. 1. What’s been driving the record fundraising pace? One […]