Friday, 19 December 2014
Last updated 8 hours ago
Jan 31 2008 | 1:00am ET
Private equity firm Calera Capital has hired Paul Walsh and Clyde Thomas, both formerly of eFunds Corp., as operating partners. The pair will focus on making investments in the business and financial services sectors with a particular focus on transaction processing, payments and other technology outsourcing and information-based services.
Calera intends to commit $50 million to $200 million per investment in a range of transaction types, including recapitalizations, growth equity investments, public-to-private transactions and leveraged buyouts. The firm will also be focused on working with financial institutions, regional banks and business services consolidators in the sale or spin-off of their non-core assets and divisions.
“We are delighted to be partnering with Paul and Clyde given their strong track record of building middle-market businesses and their substantial experience in the financial and business services sectors,” said Jim Farrell, managing partner at Calera.
Calera Capital was founded in 1991 and has managed more than $2.5 billion of equity capital in investments with total transaction values of approximately $7 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.