Private Equity

Waud Said to Be Raising $650 Million Fourth Fund

August 13, 2014

Waud Capital Partners plans to seek about $650 million for its fourth private equity fund, according to two people with knowledge of the matter. The Chicago-based firm plans to start marketing the pool early next year, according to one of the people. Its last fund gathered $463 million in 2011. Mark Flower, chief financial

HIG Credit Unit Seeks $1 Billion for Fourth Fund

August 6, 2014

BY SABRINA WILLMER Bayside Capital, the credit affiliate of private-equity firm H.I.G Capital LLC, is seeking $1 billion for a U.S.-focused distressed loan fund, according to a fund document viewed by Bloomberg News. H.I.G. Bayside Loan Opportunity Fund IV LP will mostly invest in stressed or distressed existing senior debt of companies facing default

ACP Plans New Secondary, Distressed Funds

July 30, 2014

ACP Investment Group LLC, co-led by the chief executive of Nyppex Holdings LLC, plans to gather capital for a pair of secondary and distressed debt offerings, according to fund marketing presentations, copies of which were obtained by Bloomberg News. ACP Special Opportunities Fund LP expects to seek $150 million for a secondary fund that

SAC Veterans May Seek $1 Billion for Second Buyout Fund

July 23, 2014

The former private-equity arm of the hedge fund formerly known as SAC Capital Advisors LP will likely seek at least $1 billion for its next buyout fund, according to two people with knowledge of the matter. New York-based Siris Capital Group LLC hired Park Hill Group LLC, the placement agent arm of Blackstone Group

Health Evolution Seeks Buyer for Calpers Stake

July 2, 2014

Health Evolution Partners, the private-equity firm whose founder David Brailer advised President George W. Bush, is seeking to arrange the sale of its only investor’s stake after disappointing returns, two people briefed on the matter said. The firm has hired Evercore Partners Inc. to help find a buyer for a $500 million commitment made