Jay Clayton, a private equity lawyer at Sullivan & Cromwell, has been nominated to head the Securities and Exchange Commission by President-elect Donald Trump, sister publication Private Funds Management reported.
New York-based mid-market firm Gamut Capital Management has raced past the $750 million target for its debut fund to close on $1 billion, sister publication Private Equity International reported.
Falconhead Capital has sold its controlling stake in Rita’s Franchise Company to Argosy Private Equity and MTN Capital.
Britain’s environment secretary has promised to abolish what she referred to as the “ridiculous, bureaucratic three-crop rule,” amplifying a debate with environmentalists.
The $69bn pension fund’s commitment constitutes a quarter of the capital allocated to the $400m vehicle.
Charlesbank had acquired Geneva, Illinois-based Peacock, which operates seven manufacturing facilities totaling more than two million sq ft in California, Illinois and Ohio, in 2010.
The deal for a 75 percent stake in Gastronomia & Negocios uses equity from Carlyle’s $308 million Peru Fund.
Private investors are becoming less concerned about the complicated stigma surrounding marijuana, recognizing viable – and legal – pathways into the market through existing and emerging funds.
Climate change, aging infrastructure and the highly water intensive – and wasteful – agricultural industry continue to put major strain on water supplies.
Structural headwinds and a crowded landscape both cloud prospects in the year ahead for timber markets.