Steve Gelsi

Three senior executives at CHS Capital are forming a Chicago buyout firm called Shorehill Capital, which will be seeded with about $100 million from its principals, Buyouts has learned. Separately, four other members of the CHS’s investment team are apparently combining their talents behind a new private equity firm billing itself as a specialist in growth-oriented investments in business services, health care and education, and a third firm is also in the works by a leading executive at the firm.

While the biggest LBOs of all time continue to carry piles of debt on their balance sheets several years from their pre-crisis inception, some have made headway by posting profits, cutting their leverage levels, and even making a few acquisitions of their own, an analysis by Buyouts shows.

Silver Lake Co-Founder Glenn Hutchins doesn’t see the current economic recovery picking up any more steam, but he’s still bullish on the technology sector, the dealmaker said at his April 4 keynote address at the Buyouts East conference, part of PartnerConnect.

Buyout firms and their bankers seeking exits through initial public offerings remain cautiously optimistic about investor demand and market conditions, a leading dealmaker said at the Buyouts East conference at PartnerConnect on April 4.

Carlyle Group Co-CEO David Rubenstein sees few leveraged buyouts on the horizon above $15 billion, with co-investments from limited partners replacing club deals among private equity firms as the preferred mode for big mergers, he said at the PartnerConnect East conference in Boston on April 3.

Carlyle Group Co-CEO David Rubenstein sees few leveraged buyouts on the horizon above $15 billion, with co-investments from limited partners replacing club deals among private equity firms as the preferred mode for big mergers, he said at the PartnerConnect East conference in Boston on April 3.

TPG Capital, Oaktree Capital Management and JH Investments Inc. are guiding builder Taylor Morrison Home Corp. to an IPO just in time for the traditional spring real estate selling season, as sponsors look to capitalize on the bull market.

New York-based AEA Investors LP hit its hard-cap of $2 billion for AEA Fund V, which has shaped up to be the largest fundraising effort in the firm’s 45-year history, two sources told Buyouts.

Kohlberg Kravis Roberts & Co. and TPG Capital reportedly plan to launch real estate funds in the $500 million to $1 billion range, marking fresh moves to diversify into the same sector that’s provided less-than-stellar returns to PE funds after the worst economic downturn since the Great Depression.