Saturday, 18 April 2015
Last updated 27 min ago
Apr 27 2007 | 12:35pm ET
Sydney, Australia-based based Quadrant Private Equity today closed a $500 million private equity fund with investors consisting of wholesale domestic pension funds and local institutions.
The fund, Quadrant Private Equity No.2, initially had a $400 million target and was oversubscribed, according to the firm.
The new fund will continue to invest in mid-market management buyouts and expansion capital deals in Australia and New Zealand. The buyout deals will be in an enterprise value range of $100 million to $500 million.
Quadrant raised a $265 million fund (QPE No. 1) in November 2005, which has invested in seven deals over a period of 18 months.
Quadrant’s senior management team include Chris Hadley, George Penklis and Marcus Darville.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…