Monday, 25 May 2015
Last updated 2 days 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.
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…