Thursday, 7 May 2015
Last updated 12 hours ago
Jan 9 2007 | 11:44am ET
New York-based private equity firm Monomoy Capital Partners has held a final close of its first fund, exceeding its fundraising goal by 40%.
The firm raised $280 million for its eponymous restructuring fund, which makes controlling investments in smaller middle-market companies. The fund has made seven acquisitions over the past 18 months, buying a commercial bakery, a travel center retail distributor and an auto parts maker, and has invested $60 million of its capital.
Limited partners in Monomoy Capital include Drum Capital, Bear Stearns Asset Management, St. Paul-Travelers and Morgan Creek Capital.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…