Wednesday, 1 April 2015
Last updated 1 hour 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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…