Thursday, 27 November 2014
Last updated 12 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.
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...