Annabelle Ju
Based in New York, Annabelle Ju covers North American institutional investors and fund regulation as the US Private Equity Reporter for Private Equity International and private funds management. She previously reported on market structure at Bloomberg and obtained her Master of Science degree from Medill School of Journalism at Northwestern University.
Revelstoke’s co-founder and managing partner Dale Meyer talks to Private Equity International about investing on a deal-by-deal basis and what it means for the firm to launch its debut fund.
.jpg?id=12885362052 "Pamplona to acquire MedAssets for $2.7bn")
The firm intends combine its Precyse business with MedAssets Revenue Cycle Management segment, and sell off other parts of the company.
The fourth institutional buyout fund for Lovell Minnick had an initial target of $550 million and received commitments from returning LPs such as Goldman Sachs Asset Management and Twin Bridge Capital Partners, and new investors such as MassPRIM and the WK Kellogg Foundation.
The firm’s acquisition of Morocco’s Al Kindy and Menara is the firm’s 27th investment in health care globally and the sixth investment from its Abraaj North African Fund II, a $375m vehicle that closed in August.
The fund was oversubscribed, beating its $275m target from 2013.
Napier Park Financial Partners has hired former Morgan Stanley Private Equity vice president Ned May as a director.
The firm’s growth is a “balancing act between all the opportunities that are out there and sticking with what we’re comfortable with,” its CEO said.
The lower middle market firm has hired Michael Huff to its special industrials group as it launches a $1.2bn fund.
The fund surpassed its original $350m target thanks to demand from new and returning investors from North America, Europe and Latin America.
The firm has $28.7 billion in dry powder ready for investing including $19 billion allocated to private equity.