Wednesday, 17 September 2014
Last updated 7 hours ago
Jun 20 2007 | 8:35am ET
Middle-market buyout shop Sterling Capital Partners recently held a first and final closing of Sterling Capital Partners III with $1 billion in limited partner commitments.
Capital for SCP III was provided by fund-of-funds, pension funds, endowments, and foundations. Portfolio company executives and the Sterling’s investment professionals also made “significant” contributions to the firm’s latest fundraising efforts, according to the firm.
SCP III will invest in companies across high-growth industries, including education, healthcare services, direct marketing, business services, financial services, and specialty manufacturing and distribution. The firm generally looks at control investments in companies, investing anywhere from $15 to $100 million in equity per company.
Sterling Partners was founded in 1983 and currently manages some $2.5 billion in capital.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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