Ken MacFadyen
Chicago-based GTCR Golder Rauner is the latest to jump on the scrapbooking bandwagon. The firm’s investment in EK Success is just one of many deals in the space in the past couple of years.
Santa Monica-based Tennenbaum Capital made a $120m capital infusion into Pennsylvania-based foodservice packaging company Radnor Holdings, investing in the company’s debt and equity.
GSC Partners and Tishman Speyer have launched a Chinese real estate joint venture, marking GSC’s first move into real estate.
TVG Capital Partners, famous for bets on Japan Telecom and inter-touch, has launched its third fund, a $500m vehicle that has already amassed $100m in commitments.
General Catalyst Partners has held a $365m interim close for its fourth fund, putting the Massachusetts-based VC group near its $375m target.
New York-based Wellspring Capital Management received $1bn in LP commitments for its fourth fund, a nearly 50 percent jump over its predecessor vehicle.
David Coulter, the former vice chairman and head of investment banking at JP Morgan, has made the move into private equity, having signed on with Warburg Pincus.
Investcorp wrapped up the fundraising for its second ‘venture-buyout’ fund, closing on $300m for its Investcorp Technology Ventures II. The fund, which was oversubscribed, exceeded its target by $50m.
The WL Ross & Co. joint venture with Lear Corp. and Franklin Mutual Advisors has agreed to acquire a significant chunk of Collins & Aikman’s European operations.
Lightyear Capital finalised its secondary deal for containment-rental company Baker Tanks. Chicago’s Code Hennessy & Simmons, the previous owner, sold the business after a less than two-year stay in its portfolio.