Lone Star Funds

Carlisle Fluid Technologies Sold to Affiliate of Lone Star Funds

Retrieved on: 
Monday, October 2, 2023

Carlisle Fluid Technologies (CFT) today announced the completion of its sale from Carlisle Companies Incorporated (NYSE: CSL) to an affiliate of Lone Star Funds.

Key Points: 
  • Carlisle Fluid Technologies (CFT) today announced the completion of its sale from Carlisle Companies Incorporated (NYSE: CSL) to an affiliate of Lone Star Funds.
  • Going forward, CFT will continue to invest in growth through the development of industry-leading products and acquisitions in the material application space.
  • “We are excited to begin this new chapter as a standalone enterprise already known as an industry leader in our product set,” said Fred Sutter, CFT President.
  • “We are proud of our record as an innovator, and thanks to the hard work, talent, and focus of our employees, we are looking forward to building even stronger momentum as we continue to focus our efforts on growth, profitability, and offering leading products to our customers through our portfolio of brands.”

Carlisle Companies Completes Sale of Carlisle Fluid Technologies

Retrieved on: 
Monday, October 2, 2023

Carlisle Companies Incorporated (NYSE:CSL) today announced that it has completed the sale of Carlisle Fluid Technologies to an affiliate of Lone Star Funds.

Key Points: 

Carlisle Companies Incorporated (NYSE:CSL) today announced that it has completed the sale of Carlisle Fluid Technologies to an affiliate of Lone Star Funds.

Greystone Monticello Provides $68.2 Million in Financing for Class-A Multifamily in the Buckhead Submarket of Atlanta, GA

Retrieved on: 
Monday, August 21, 2023

The financing was originated by Greystone Commercial Capital, a division at Greystone that focuses on institutional structured lending.

Key Points: 
  • The financing was originated by Greystone Commercial Capital, a division at Greystone that focuses on institutional structured lending.
  • A bustling professional, shopping, and cultural hub, Buckhead is a growing intown market in Atlanta experiencing steady population growth of 8.7% over the past five years.
  • “It’s a true testament to the strength of the Greystone Monticello joint venture that the team sprang into action and worked closely to execute this financing to meet the client’s needs,” said Scott Chisholm, head of Greystone Commercial Capital.
  • This execution shows the true benefits of the Greystone Monticello joint venture,” added Eric Baum, head of the multifamily sales desk at Greystone Monticello.

S2 Capital Hires Mark Halford as Vice President, Special Situations

Retrieved on: 
Monday, August 14, 2023

DALLAS, Aug. 14, 2023 /PRNewswire/ -- S2 Capital ("S2"), a vertically integrated residential investment manager, today announced the hiring of Mark Halford as Vice President, Special Situations. Halford spent a decade with Lone Star Funds, where he participated in over $10 billion of distressed and opportunistic investing, including the takeover of the failed Anglo-Irish Bank that took place in 2011, and will work with the S2 investments team to focus on opportunistic and distressed acquisitions through the firm's commingled fund vehicles.

Key Points: 
  • DALLAS, Aug. 14, 2023 /PRNewswire/ -- S2 Capital ("S2"), a vertically integrated residential investment manager, today announced the hiring of Mark Halford as Vice President, Special Situations.
  • "The S2 team has seen significant growth over the last few years, and I'm thrilled to welcome Mark as our newest addition," said Scott Everett, Founder and CEO of S2 Capital.
  • Following his position as a Senior Vice President at Lone Star Funds' Hudson Advisors L.P., Halford became a Managing Partner at Hillview Capital Partners, a private real estate investment firm based in Dallas.
  • Halford began his career in positions at Northmarq Capital and Morgan Stanley Investment Bank.

Carlyle and Stellex Complete Sale of Titan to an Affiliate of Lone Star Funds

Retrieved on: 
Thursday, June 29, 2023

Funds managed by global investment firm Carlyle (NASDAQ: CG) and private equity firm Stellex Capital Management announced they have completed the sale of Titan Acquisition Holdings, a bi-coastal leader in ship repair services and marine and heavy complex fabrication, to an affiliate of Lone Star Funds.

Key Points: 
  • Funds managed by global investment firm Carlyle (NASDAQ: CG) and private equity firm Stellex Capital Management announced they have completed the sale of Titan Acquisition Holdings, a bi-coastal leader in ship repair services and marine and heavy complex fabrication, to an affiliate of Lone Star Funds.
  • The initial definitive agreement of the sale was announced in February 2023 and the final close took place on June 15, 2023.
  • Key Titan customers include the U.S. Navy, U.S. Coast Guard, Military Sealift Command, U.S. Army, Boeing, cruise lines, fishing fleets, barges, ferry services for local and state governments, and other key commercial and U.S. Government customers.
  • Derek Whang, Managing Director of Carlyle, said: “We are proud of the many accomplishments of the Titan team over the course of our partnership as we transformed the business into a national leader in ship repair.

Carlisle Companies to Sell Carlisle Fluid Technologies

Retrieved on: 
Thursday, June 15, 2023

Carlisle Companies Incorporated (NYSE:CSL) today announced the signing of a definitive agreement to sell Carlisle Fluid Technologies (“CFT”) to an affiliate of Lone Star Funds in a transaction valued at $520 million.

Key Points: 
  • Carlisle Companies Incorporated (NYSE:CSL) today announced the signing of a definitive agreement to sell Carlisle Fluid Technologies (“CFT”) to an affiliate of Lone Star Funds in a transaction valued at $520 million.
  • The transaction is subject to certain closing adjustments and conditions, including regulatory clearances, and is expected to close in the third quarter of 2023.
  • Lone Star is a leading global private equity firm founded in 1995.
  • With offices around the world, Lone Star advises funds that invest in real estate, equity, credit, and operating companies.

Lazard Ltd Reports First-Quarter 2023 Results

Retrieved on: 
Friday, April 28, 2023

For a list of publicly announced Financial Advisory transactions on which Lazard advised in the first quarter of 2023, or continued to advise or completed since March 31, 2023, please visit our website at www.lazard.com/financial-advisory/transactions/ .

Key Points: 
  • For a list of publicly announced Financial Advisory transactions on which Lazard advised in the first quarter of 2023, or continued to advise or completed since March 31, 2023, please visit our website at www.lazard.com/financial-advisory/transactions/ .
  • On April 26, 2023, Lazard declared a quarterly dividend of $0.50 per share on its outstanding common stock.
  • We believe that presenting our results on an adjusted basis, in addition to the U.S. GAAP results, is the most meaningful and useful way to compare our operating results across periods.
  • ET on April 28, 2023, to discuss the company’s financial results for the first quarter of 2023.

EQS-News: E.I. Sturdza Strategic Management Limited: Strategic European Silver Stars Fund wins Lipper Fund Awards in Austria, Germany and Switzerland

Retrieved on: 
Friday, March 31, 2023

Sturdza Strategic Management Limited: Strategic European Silver Stars Fund wins Lipper Fund Awards in Austria, Germany and Switzerland

Key Points: 
  • Sturdza Strategic Management Limited: Strategic European Silver Stars Fund wins Lipper Fund Awards in Austria, Germany and Switzerland
    The issuer is solely responsible for the content of this announcement.
  • Eric Sturdza Investments: Strategic European Silver Stars Fund wins Lipper Fund Awards in Austria, Germany and Switzerland
    Fund awarded best fund in the category "Equities Europe Small and Mid Caps" over periods of three and five years in Austria, Germany and Switzerland
    Frankfurt, 30 March 2023 – Eric Sturdza Investments, the asset management business of Banque Eric Sturdza, is pleased to announce that its Strategic European Silver Stars Fund (ISIN: IE00BWCGWH04), advised by Bertrand Faure and his team at Pascal Investment advisers, a European small and mid cap equity fund, has won several awards at this year's Refinitiv Lipper Fund Awards ("Lipper Fund Awards") in Austria, Germany and Switzerland for its above-average risk-adjusted return compared to its peer group.
  • At the Lipper Fund Awards Austria, the Lipper Fund Awards Switzerland and the Lipper Fund Awards Germany, the Strategic European Silver Stars Fund was ranked best fund in the category "Equities Europe Small and Mid Caps" over a term of three and five years.
  • For over 30 years, the Refinitiv Lipper Fund Awards have honoured the best-performing funds of the respective peer group over a term of three, five and ten years in 17 different countries.

FD Stonewater Announces Advisory Committee for New Value-Add Evergreen Fund

Retrieved on: 
Thursday, March 9, 2023

ARLINGTON, Va., March 9, 2023 /PRNewswire-PRWeb/ -- The FD Stonewater STAR Evergreen Fund, L.P. (the "STAR Evergreen Fund") formally announced Michael McNamara, Daniel Philips, and Nancy McGrath as initial members of the fund's Advisory Committee. The Advisory Committee's primary role is to review and opine on conflicts of interest related to the fund. The fund launched in December 2022 to pursue a Single Tenant Active Return (STAR) strategy focused on assembling a diversified portfolio of mission-critical single-tenant real estate assets in U.S. secondary and tertiary markets across industrial, government, research and development, and office sectors. In December 2022, FD Stonewater announced the first closing of the STAR Evergreen Fund in the amount of $19 million, simultaneous with the acquisition of two seed assets.

Key Points: 
  • The FD Stonewater STAR Evergreen Fund, L.P. (the "STAR Evergreen Fund") formally announced Michael McNamara, Daniel Philips, and Nancy McGrath as initial members of the fund's Advisory Committee.
  • ARLINGTON, Va., March 9, 2023 /PRNewswire-PRWeb/ -- The FD Stonewater STAR Evergreen Fund, L.P. (the "STAR Evergreen Fund") formally announced Michael McNamara, Daniel Philips, and Nancy McGrath as initial members of the fund's Advisory Committee.
  • In December 2022, FD Stonewater announced the first closing of the STAR Evergreen Fund in the amount of $19 million, simultaneous with the acquisition of two seed assets.
  • Jeffrey Toporek, Co-Founder for FD Stonewater said, "we are incredibly grateful to Mike, Dan, and Nancy for their continued commitment to, and support of, FD Stonewater and the STAR Evergreen Fund.

Global Bathtub Market 2022 to 2031 - Players Include Jacuzzi, Jaguar, Kohler and RAK Ceramics - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 26, 2023

This report provides strategists, marketers and senior management with the critical information they need to assess the global bathtub market.

Key Points: 
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global bathtub market.
  • The regions covered in the bathtub market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
  • The bathtub market research report is one of a series of new reports that provides bathtub market statistics, including bathtub industry global market size, regional shares, competitors with a bathtub market share, detailed bathtub market segments, market trends and opportunities, and any further data you may need to thrive in the bathtub industry.
  • The countries covered in the bathtub market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.