Saturday, 1 November 2014
Last updated 18 hours ago
Jun 29 2007 | 11:36am ET
The Gores Group recently held a final closing of its second private equity fund, Gores Capital Partners II, with capital commitments of $1.3 billion. GCP II will acquire mature companies, primarily in the technology, industrial, telecommunications and services sectors.
"We believe that our fundraising success reflects the strength of our organization and our investment strategy, in particular our unique operating orientation and ability to transform undervalued or underperforming businesses," said Alec Gores, Founder and Chairman.
Los Angeles-based Gores Group was founded in 1987.
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…
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