Sunday, 21 September 2014
Last updated 1 day ago
Aug 5 2008 | 11:03am ET
Seattle-based buyout firm Evergreen Pacific Partners has closed its second fund with $425 million. Investors in Evergreen Pacific Partners II include the Washington State Investment Board, the Public School Employee Retirement System of Pennsylvania, Credit Suisse and the Guardian Life Insurance Co. of America.
Evergreen invests in traditional buyouts, management buyouts and growth equity investments involving traditional industry, mid-market companies in the Western U.S. and Canada. T.J. McGill, one of three managing partners at Evergreen, said the firm will continue to focus on investing in companies in traditional industries based in the West.
“We stayed consistent with our stated strategy and focus and our existing investors appreciated this,” he said.
Evergreen currently manages two private equity funds totaling of $700 million.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.