Jan 19 2006 | 7:41pm ET
• Chicago-headquartered Thoma Cressey Equity Partners has held a final close of its eighth fund with $765 million in commitments. The private equity firm had initially targeted $650 million for the fund, but increased the size to accommodate demand from the firm’s current investors. The fund will be invested largely in middle-market companies in the software and healthcare industries, as well as in other areas, including business services and consumer products and services. TCEP’s previous fund closed at $554 million and is expected to be fully invested the next few months.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…