Thursday, 25 December 2014
Last updated 1 day ago
Nov 1 2007 | 12:13pm ET
New York-based private equity firm CCMP Capital Advisors has closed its latest fund with $3.4 billion. CCMP Capital Investors II will focus on buy-out and growth equity investment opportunities in the U.S., Europe and Asia.
Stephen Murray, CCMP Capital’s CEO, said, “We believe that exciting investment opportunities have been created by current market conditions and we are well positioned to pursue and capitalize on these opportunities.”
CCMP II has already invested in three companies: Generac Power Systems, a North American manufacturer of standby power generators; Edwards, a British manufacturer of highly engineered vacuum products; and Aramark, a food and support services and uniform provider for healthcare institutions, universities, schools, stadiums and arenas, and businesses.
CCMP Capital Advisors specializes in buy-outs investments in companies ranging from $500 million to over $3 billion in size. The closing of CCMP II increases the amount of the firm’s assets under management and committed capital to $10 billion.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.