Searchlight Raises $860 Million For First Fund

Apr 4 2012 | 2:27am ET

Searchlight Capital Partners' debut vehicle has proven the private equity firm is anything but a slow starter.

The firm, founded in 2010 by a trio of industry veterans, has closed its first fund with commitments exceeding $860 million, it said yesterday. The Searchlight fund focuses on complex situations.

"We thank our investors for their trust and support and look forward to making attractive investments across North America and Europe," Erol Uzumeri, co-founder, said.

Uzumeri is the former head of the Ontario Teachers' Pension Plan's private equity business, and also worked at CVC International and Citigroup. His co-founders, Oliver Haarman and Eric Zinterhofer, are veterans of Kohlberg Kravis Roberts and Apollo Management, respectively. Haarman covered communications and media at KKR, and helped lead the firm's European operations. Zinterhofer was co-head of media and telecommunications, and was heavily involved in Apollo's private equity/distressed debt-for-control effort and the launch of its commodities desk.

Searchlight has offices in London, New York and Toronto.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note