Saturday, 22 November 2014
Last updated 1 day ago
Feb 4 2008 | 3:20pm ET
Roark Capital Group, an Atlanta-based private equity firm, has closed its second institutional p.e. fund, Roark Capital Partners II, with $1 billion of equity commitments.
Roark’s first institutional offering, raised in March 2005, has $413 million of equity commitments.
Roark focuses on consumer and business service companies with attractive growth prospects and revenues ranging from $20 million to $1 billion. Its specific areas of focus include franchising, food and restaurants, specialty retail, direct marketing and financial services companies.
“We are extremely pleased with the support received from our existing and new investors,” said Neal Aronson, managing partner of Roark Capital Group. “The new fund will allow us to continue our strategy of investing in consumer and business service companies with outstanding management teams and strong growth prospects.”
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...