Thursday, 31 July 2014
Last updated 6 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…