Chris Witkowsky
Factory floor to private equity manager: a first-time funds story
Deal attribution is a major challenge for new firms Attribution letters can help, but come in many forms MiddleGround sticks to its identity How do you go from a job installing bumpers at a Toyota factory in Kentucky to managing hundreds of millions of dollars for a private equity fund? It’s a compelling story, and […]
I can’t tell you how many times I’ve heard that one of the vital aspects limited partners want to see out of a debut firm is that the new manager is building a business, not just collecting money to go invest. Creating a robust back office capable of handling legal, accounting and compliance issues is […]
Revelstoke needs more than $1 bln to buy Upstream Rehab out of Fund I: source Made first investment in Upstream in 2015 Revelstoke in market with second fund Revelstoke Capital Partners, a Denver-based firm that spun out of KRG Capital, is running a process to move a company out of its 2015 debut fund and […]
Firm approached by about 10 firms to sell GP stake Would only sell to next-gen leaders of firm Wynnchurch’s last fund closed in 2014 Wynnchurch Capital has been approached by about 10 firms over the past few years to sell a minority stake in its business, but it is not likely to do so, said […]
Welcome to our quarterly wrap up issue, which could just as well be called “view from the peak.” What we saw in the second quarter, just like in the first quarter, is strong deal activity driven by aggressive GPs, and hyper fundraising boosted by hungry limited partners. It’s all a function of the strong markets, […]
Welcome to our quarterly wrap-up issue, which could just as well be called “view from the peak.” What we saw in the second quarter — just like in the first quarter — is strong deal activity driven by aggressive general partners and hyper fundraising boosted by hungry limited partners. It’s all a function of the strong markets […]
Total NAV of deal is about $1.2 bln Deals had total of six total buyers Oaktree acquired Ports America through purchase of Highstar Pantheon is leading a deal that will give Oaktree Capital Group more time to manage an asset called Ports America, which it inherited when it acquired infrastructure group Highstar, sources told Buyouts. […]
British Columbia Investment Management Corp is selling a portfolio of private equity fund stakes valued between $250 million and $500 million, two sources told Buyouts. The portfolio includes stakes in some large buyout funds, including two TPG funds, one of the sources said. BCI, a Canadian pension fund manager, has been working to build up its co-investment capabilities and increase in-house asset management. As part of that it’s been divesting fund commitments from what it considers non-core relationships.
First-time funds database gets an update, Accel-KKR secondary process buyers emerge