Tuesday, 1 December 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…