News and Analysis

Lower mid-market specialist LLR Partners has closed LLR Equity Partners IV LP with $950 million in commitments, including $200 million from long-time limited partner Pennsylvania Public School Employees’ Retirement System.

Firm: Blackstone Group Fund: Strategic Partners Fund VI Target: $3.5 billion Hard Cap: $4 billion Amount raised: At least $700 million Placement Agent: Park Hill With interest in secondary deals running strong, The Blackstone Group pushed up the target for Strategic Partners Fund VI to $3.5 billion, $600 million more than the fund’s predecessor, with […]

Jamie Ebersole has stepped down as a managing director of funds-of-funds manager SL Capital Partners to launch his own advisory shop, Buyouts Magazine has learned.

In just three years, H.I.G. Capital has recouped more than its investment in Cornerstone Chemical Co, sister website peHUB reported.

Sorenson Communications Inc, a portfolio company of GTCR and Madison Dearborn that provides video relay services to the hearing impaired, expects to exit bankruptcy in about two months as it grapples with a downturn in payments from the Federal Communications Commission.

Thomson Reuters has struck a deal with consulting firm Cambridge Associates to provide the latter’s private equity benchmarking data to subscribers of Thomson Reuters Eikon, the company’s flagship news, data, analytics and trading service for financial executives.

New Jersey Treasurer Andrew Sidamon-Eristoff has named Christopher McDonough as director of the Garden State’s division of investment to lead a team that overseas $87 billion in assets, including private equity investments.

Fund-of-funds manager Pathway Capital Management has raised $700 million for Pathway Private Equity Fund XXV from two investors, according to a recent regulatory filing.

The 2010 vintage Southern Cross Latin America Private Equity Fund IV LP has posted the highest percentage point increase year over year for the Washington State Investment Board for the period Sept. 30, 2012, to Sept. 30, 2013. The Latin American, mid-market focused buyout vehicle Southern Cross Fund IV was up 24.87 percentage points to a […]