Friday, 22 August 2014
Last updated 2 hours ago
Jul 25 2008 | 8:52am ET
Boston- and West Palm Beach, Fla.-based private equity firm Accretive Exit Capital Partners, has closed its first fund with commitments of $125 million.
Accretive Exit Capital Partners will focus on buying assets directly from blue-chip mid-market buyout funds. The fund will target a diversified pool of later-stage growth companies among vintage 1999 through 2003 funds.
"We only seek to purchase high quality growth assets that are under-levered [less than 2.5 times debt to EBITDA] and growing earnings at a double digit rate, to date these assets had plenty of options for liquidity, today we're the most attractive option” said Drew Reilly, a founding partner of Accretive Exit Capital.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note