Thursday, 2 October 2014
Last updated 14 hours ago
Apr 10 2007 | 3:10pm ET
Boca Raton, Fla.-based private equity firm Sun Capital Partners has closed its latest leveraged buyout fund at $6 billion, 50% more than its original target. Investors in Sun Capital Partners V include existing and new university endowments, funds of funds, pension funds and high net-worth investors.
"We are pleased to close on Fund V and are extremely appreciative of the continued support of our limited partners," said Marc Leder, co-founder of Sun Capital. "We welcome our new investors to our family of limited partners and are enthusiastic about the investment opportunities for Fund V." Douglas Gessner, a partner at Kirkland & Ellis, served as the legal advisor to Fund V.
Sun Capital focuses on companies with significant barriers to entry. In addition to Florida, the firm has offices in New York and Los Angeles.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...