Mount Kellett Capital Management LP is back in the market with its latest investment vehicle. It secured $732 million in commitments from 35 investors for Mount Kellett Capital Partners II LP. The firm was formed by Mark McGoldrick in 2007 after he left Goldman Sachs as a partner.
Buyouts and mezzanine firms in the U.S. have collected $12.1 billion in capital commitments so far in 2011. The latest tally reflects the $250 million Monroe Capital LLC picked up for Monroe Capital Partners LP. The Chicago-based shop is seeking $500 million for the investment vehicle.
On the deals front, Thomson Reuters has tracked 15 deals by U.S.-based sponsors from Feb. 23 to March 2. Five transactions have known financial terms including two club deals with rank values in the billions. These helped push year-to-date deal flow to about $16.8 billion.
Kohlberg Kravis Roberts & Co., Vestar Capital Partners and Centerview Partners Holdings LLC bought Del Monte Foods Co., a producer of canned goods, for $5.3 billion through Del Monte Foods Co. SPV.
TPG Capital and Leonard Green & Partners LP also acquired J. Crew Group Inc. for $2.7 billion through a special purpose acquisition vehicle.