Babson Capital Closes Fund With $1 Billion

Feb 10 2006 | 11:07pm ET

Babson Capital Management has closed Tower Square Capital Partners II, a $1 billion mezzanine and private equity fund, which will invest in companies in the small end of the middle market. The firm's first fund, Tower Square I, has $265 million in assets and closed in October 2002. With the closing of Tower Square II, the 11-member Babson Capital team is now managing about $3 billion in mezzanine and private equity assets.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of