Tuesday, 22 July 2014
Last updated 6 hours ago
Jun 27 2008 | 3:10am ET
Intervale Capital has closed its debut buyout fund, Intervale Capital Fund, with commitments of $280 million.
The firm plans to deploy more than $500 million in borrowed funds to buy oilfield services companies, taking control positions in six to eight platform companies in North America and Western Europe.
To date, the fund has completed two deals involving companies deploying oilfield technology, according to Charles Cherington, co-founder of Intervale.
Greenwich, Conn.-based Champlain Advisors served as Intervale’s placement agent in raising the fund.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…