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Intelligence

Ex-Lindsay Goldberg executives form new PE firm Stonecourt Capital

Lance Hirt and Jaime Buehl-Reichard, former executives of Lindsay Goldberg have launched StoneCourt Capital, a new private equity firm focused in partnership with David Lumpkins and Nathan Ticatch of PetroLogistics Company (PetroLogistics).  Stonecourt will opportunistically capitalise on market dislocations by facilitating the growth of existing businesses and constructing or repositioning

Eagle Private Equity to provide financing to Bakken Resources

New York-based private equity firm Eagle Private Equity is to provide an immediate USD1 million credit line to be provided by Eagle, along with a subsequent debt or equity financing of up to USD10 million.  Proceeds from the loans and other financing will be intended for the acquisition of mineral

Cooley beefs up global private equity group with three new partners

Cooley is enhancing its global private equity group with the appointment of three new partners.  Ron Hopkinson joins in New York from Cadwalader, Wickersham & Taft, where he was head of the firm’s private equity group. Eric Schwartzman joins in Palo Alto from Weil, Gotshal & Manges’ Silicon Valley office.

Weil adds private equity and M&A infrastructure partner James MacArthur in London

International law firm Weil, Gotshal & Manges has appointed James MacArthur as a partner in the firm’s Corporate practice. He will be based in Weil’s London office and will focus on private equity and M&A transactions in the infrastructure and real estate sectors.  MacArthur joins from Herbert Smith Freehills, where

Pamplona raises USD1bn for new TMT fund

Pamplona Capital Management has raised USD1 billion for Pamplona TMT Fund I, a dedicated fund that will make equity investments in technology, media, and telecommunications (TMT) companies. Pamplona expects the fund to invest in 12 to 15 companies, the first of which, Dyn.   The fund will invest in high-growth

Lovell Minnick names Steven Pierson as President and Partner

Lovell Minnick Partners, a private equity firm specialising in financial and related business services companies, has named Steven C Pierson as President and Partner.  Pierson, who will start his duties at Lovell Minnick in June, comes to the firm from UBS, where he most recently served as the Head of

Corporate Partner David Holdsworth and Tax Partner Tim Lowe join Kirkland & Ellis

Private equity corporate partner David Holdsworth and private equity tax partner Tim Lowe are to join the London office of Kirland & Ellis International from Linklaters. “David and Tim are exceptionally talented lawyers with strong track records advising clients on a variety of international private equity transactions,” says Jeffrey C

Polynt and Reichhold merge to create global speciality chemicals group

Polynt and Reichhold are to combine their businesses to created global coating and composite resins operation with over EUR2.1 billion (USD2.4 billion) in revenues.   Polynt-Reichhold will be invested into equally by Investindustrial and Black Diamond Capital Management (Black Diamond). Credt fund manager GSO Capital Partners is providing the debt

Everest Insurance launches Alternative Solution Group

Everest Re Group has launched the Alternative Solution Group at Everest Specialty Underwriters, offering transactional risk insurance as well as professional and management liability insurance on both a primary and excess basis to private equity firms and hedge funds. Robert Clark has been appointed to the position of Vice President

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