Thursday, 25 December 2014
Last updated 1 day ago
Jan 13 2006 | 8:36pm ET
Palm Beach Capital Partners is aiming to raise $150 million for its second private equity fund, Palm Beach Capital Partners II.
Adam Klein, a partner at the Florida-based firm, said the new fund will have a similar style and philosophy to the firm's first fund, which invests in private companies with market values between $5 million to $10 million, and focuses on companies located in Southern Florida, though it does not rule-out other high-growth locals.
The firm's first fund closed to new investors in 2003, and is now fully invested. Klein declined to elaborate on the second fund as it is still in its initial offering stage.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.