Kirk Falconer
Cay Freihofer, with Ridgemont Equity Partners for more than 13 years, most recently as a partner, left in September to launch Emerald.
The Sagard-PEM hook-up is only the latest in a recent run of M&A across the private equity industry.
In a subdued deal environment, mid-market buyouts are drawing more attention, in part because they often have attractive entry valuations and are easier to finance than large caps.
Macro uncertainty and challenging conditions will continue, but five industry veterans say there are bright spots to be found in the shadows.
The new offering comes roughly a year after Court Square announced a succession event that created new leadership.
Stellex was founded in 2014 by Ray Whiteman and Michael Stewart, who previously headed Carlyle Strategic Partners, a distressed and special situations platform.
Along with practicing traditional approaches to adding value, Georgian has programs to help software companies anticipate and absorb fast-moving innovations, particularly in the world of AI.
Growing fund sizes are explained by the discrepancy between capital raised and funds closed. Since 2022, the number of vehicles has fallen much more than the volume of inflows.
Brookfield has close to $3bn of balance-sheet capital to deploy to near-term initiatives, including strategic acquisitions.
By identifying Matt Nord, David Sambur, John Zito and Grant Kvalheim as future leaders, and adjusting their compensation accordingly, Apollo is suggesting its eye is on the horizon.
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: