Free Enterprise Fund v. Public Company Accounting Oversight Board

LRVHealth Promotes Ellen Herlacher to Partner

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星期二, 十一月 7, 2023

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LRVHealth , the inside healthcare venture capital platform, today announced the promotion of Ellen Herlacher from principal to partner.

Key Points:

LRVHealth , the inside healthcare venture capital platform, today announced the promotion of Ellen Herlacher from principal to partner.
The firm most recently expanded its team by welcoming Josh Flum , former chief strategy officer of CVS Health, as managing partner in November 2022.
As partner at LRVHealth, Herlacher will co-lead the firm’s research and investments in new care delivery, behavioral health, workforce transformation, and government sponsored payers.
"LRVHealth's north star is, and has always been, to shape a healthcare system that is more effective, more accessible, more sustainable, and more humane," said Ellen Herlacher, partner at LRVHealth.

Acadia Realty Trust Reports Third Quarter Operating Results

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星期一, 十月 30, 2023

Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended September 30, 2023.

Key Points:

Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended September 30, 2023.
Kenneth F. Bernstein, President and CEO of Acadia Realty Trust, commented:
“This quarter marks the eighth of the last ten quarters with our Core same-property NOI growth at 5% or higher with an average of 6.8% over that period.
This compares with net loss of $57.9 million, or $0.61 per share for the quarter ended September 30, 2022.
Same-property NOI, excluding redevelopments, increased 5.8% for the quarter ended September 30, 2023 and 5.9% during the nine months ended September 30, 2023.

Mercury Fund Raises $160 Million to Invest in Early-Stage Startups Across America

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星期四, 九月 28, 2023

Mercury Fund (“Mercury”), a premier early-stage venture firm focused on investments outside of traditional coastal tech hubs, today announced the successful closing of Mercury Fund V (“Fund V” or the “Fund”), with $160 million in capital commitments.

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Mercury Fund (“Mercury”), a premier early-stage venture firm focused on investments outside of traditional coastal tech hubs, today announced the successful closing of Mercury Fund V (“Fund V” or the “Fund”), with $160 million in capital commitments.
The Fund is Mercury’s largest to date and was oversubscribed, exceeding its initial target of $150 million.
Fund V received significant support from existing investors and new limited partners, including university endowments, foundations, and family offices – many of which are based in the central-U.S. region where Mercury invests.
“We are pleased by the substantial support we received for Fund V from both new and existing investors and thank them for placing their confidence in Mercury,” said Blair Garrou, co-Founder and Managing Director of Mercury Fund.

Black Diamond Co-Founder Jim Walker Rejoins Black Diamond Capital Management as President and Senior Managing Director

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星期四, 九月 14, 2023

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With 30 years of experience in asset management, Walker is a proven leader and was most recently a managing partner of Fir Tree Partners, a global investment firm.

Key Points:

With 30 years of experience in asset management, Walker is a proven leader and was most recently a managing partner of Fir Tree Partners, a global investment firm.
At Fir Tree, Jim was responsible for overall firm management, identifying new areas of investment opportunity, growing the firm's global LP group and building a team of talented leaders.
"As we build out our leadership team, I am excited to have Jim return to Black Diamond.
Jim co-founded Black Diamond with Steve Deckoff in 1995 and was integrally involved in the firm's early investment funds.

Adenia Appoints Head of Investor Relations as Firm to Exceed Fund V Target

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星期三, 九月 6, 2023

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Adenia Partners (“Adenia”), a private markets investment firm committed to responsible investing and a sustainable Africa, is pleased to announce that the firm has appointed Mack Schow as its Head of Investor Relations.

Key Points:

Adenia Partners (“Adenia”), a private markets investment firm committed to responsible investing and a sustainable Africa, is pleased to announce that the firm has appointed Mack Schow as its Head of Investor Relations.
Schow joins Adenia with more than a decade of experience at the German Investment Corporation (DEG), Germany’s development finance institution (DFI).
The creation of the Head of Investor Relations position represents a significant milestone in the development of Adenia, which was founded in 2002.
The move to build out firm leadership comes as Adenia will exceed its $400 million target fundraise for its latest Fund V. The new position and Schow’s hiring signal the firm’s growth and its expanded presence across the continent.

ACE & Company's Buyout Strategy Maintains Brisk Investment Pace, Completing Five New Investments in 2023

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星期二, 九月 5, 2023

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In the first half of 2023, ACE Buyout completed five new investments from its two most recent funds.

Key Points:

In the first half of 2023, ACE Buyout completed five new investments from its two most recent funds.
ACE Buyout IV (Fund IV), launched in 2020, closed its twenty-ninth and final investment in Q2 of this year, completing its investment deployment on schedule.
ACE Buyout V (Fund V) held its first closing in Q2 2023 and immediately began deploying capital.
ACE Buyout leverages its team's deep sponsor network and sector expertise while harnessing intellectual capital across ACE's various global businesses.

ACE & Company's Buyout Strategy Maintains Brisk Investment Pace, Completing Five New Investments in 2023

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星期二, 九月 5, 2023

In the first half of 2023, ACE Buyout completed five new investments from its two most recent funds.

Key Points:

In the first half of 2023, ACE Buyout completed five new investments from its two most recent funds.
ACE Buyout IV (Fund IV), launched in 2020, closed its twenty-ninth and final investment in Q2 of this year, completing its investment deployment on schedule.
ACE Buyout V (Fund V) held its first closing in Q2 2023 and immediately began deploying capital.
ACE Buyout leverages its team's deep sponsor network and sector expertise while harnessing intellectual capital across ACE's various global businesses.

Whitehorse Liquidity Partners Flagship Fund V Closes Above US$5.0 Billion Target

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星期二, 八月 1, 2023

Whitehorse Liquidity Partners (together with its advisory affiliates, “Whitehorse”), a specialized investment manager focused on providing customized portfolio financing through structured liquidity solutions for private equity portfolios, today announced the successful final close of Whitehorse Liquidity Partners V LP (“Flagship Fund V” or the “Fund”) exceeding its US$5.0 billion target.

Key Points:

Whitehorse Liquidity Partners (together with its advisory affiliates, “Whitehorse”), a specialized investment manager focused on providing customized portfolio financing through structured liquidity solutions for private equity portfolios, today announced the successful final close of Whitehorse Liquidity Partners V LP (“Flagship Fund V” or the “Fund”) exceeding its US$5.0 billion target.
Together with affiliated vehicles, Flagship Fund V closed on approximately US$5.3 billion in total commitments.
Flagship Fund V represents Whitehorse’s largest fund to-date.
“Closing our largest fund since inception, through a period of uncertainty and market volatility, is a remarkable achievement,” says Yann Robard, Managing Partner of Whitehorse.

TLV Partners Achieves $1 Billion in AUM, Launches $250 Million Early-Stage Israeli Startups Fund V

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星期一, 七月 17, 2023

Positioned to make roughly 25 Seed and Series A investments, Fund V anticipates initial contributions of between $4-8 million.

Key Points:

Positioned to make roughly 25 Seed and Series A investments, Fund V anticipates initial contributions of between $4-8 million.
With the capability to back subsequent rounds, it could invest as much as $20 million per company.
The firm has invested in 60 companies, establishing TLV Partners as one of Israel's most active venture capital firms.
Shahar Tzafrir, Managing Partner at TLV Partners: "As we navigate turbulent times in Israel, our commitment to our founders remains unshakeable.

Hastings Expands Telecom Services Platform with Investment in Accelerated Communications

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星期四, 六月 29, 2023

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BOSTON, June 29, 2023 /PRNewswire-PRWeb/ -- Hastings Equity Partners ("Hastings"), a preferred capital partner to founders of lower middle-market businesses, is pleased to announce that its Fund V portfolio company, GridSource Incorporated ("GridSource"), has partnered with Accelerated Communications & Construction ("Accelerated" OR "The Company"). This is the second company GridSource has added to the platform since Hastings acquired GridSource in December 2022.

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This is the second company GridSource has added to the platform since Hastings acquired GridSource in December 2022.
Rob Scaramella, Managing Director at Hastings, said of the investment, "The partnership with Accelerated is an exciting addition to our platform.
"Hastings is building an exciting telecommunications services platform with GridSource and their subsequent add-on investments in WiseConnect and Accelerated," said Jason Evert, Co-Founder of Accelerated.
Locke Lord provided legal counsel, KSM provided financial advisory services, Forvis provided tax services, and Equity Risk Solutions provided insurance services to Hastings on the acquisition.