Wednesday, 26 November 2014
Last updated 10 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.
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…
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