Thursday, 28 May 2015
Last updated 4 hours ago
Jan 26 2006 | 7:41pm ET
• Vestar Capital Partners has closed its latest private equity fund, Vestar Capital Partners V, with total commitments of $3.7 billion. Approximately 130 institutional investors are participating in the fund, with was oversubscribed by $700 million. The buyout firm targets companies in the U.S. and Europe with valuations in the $100 million to $3 billion range.
• Venture capital firm General Catalyst Partners has closed its fourth fund with $400 million in commitments. Investors in the fund, which will focus on entrepreneurs building technology-oriented companies, include existing General Catalyst limited partners and major endowments and foundations. The new fund brings the firm’s total capital under management to nearly $1 billion.
• Chicago-based private equity firm Muller & Monroe Asset Management has closed its latest fund-of-funds with $143 million in commitments. The firm specializes in investing with emerging managers.
• Private equity partnership InterMedia Advisors, which was founded by media executive Leo Hindery Jr., has held an interim close on its first fund, a $1.5 billion targeted vehicle. The fund of the former Global Crossing ceo specializes in investing in mid- to large-sized media and communications companies.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…