Wednesday, 6 May 2015
Last updated 10 hours ago
Apr 22 2014 | 10:29am ET
Indianapolis-based private equity firm Hammond, Kennedy, Whitney & Company has closed its latest fund with $316 million in capital commitments.
HKW Capital Partners IV beat its $300 million target on its final closing. The fund will invest primarily in lower middle-market companies headquartered in North America, targeting investments in growing markets including favored sectors such as energy services, infrastructure and medical products.
Law firm Kirkland & Ellis represented HKW in the closing.
Founded over a century ago, HKW is a private equity firm sponsoring management buy-outs of privately owned businesses and subsidiaries or divisions of public companies with revenues between $20 million and $200 million.
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…