Saturday, 20 September 2014
Last updated 13 hours ago
Oct 11 2007 | 11:50am ET
Charlotte, N.C.-based private equity firm Frontier Capital has closed its second fund with $115 million of committed capital.
Frontier Fund II easily eclipsed the $45 million raised for the firm’s debut offering.
Frontier targets traditional and technology-enabled high growth business services companies and will typically invest $5 million to $10 million in companies with revenues of between $5 million and $30 million.
”Growth equity has been receiving a lot of attention recently, and for good reasons,” said managing partner Richard Maclean. “We have been focused on this sector since 1999 and our investors have been very pleased with our results. Fund II will allow us to continue building our position as the leading growth equity investor in business services companies in our region.”
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.