Thu, Nov 14, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

HC Private Investments and Landon family office launch platform for emerging private equity managers

Thursday, October 03, 2019

Matthias Knab, Opalesque for New Managers:

HC Private Investments, a Chicago-based private investment firm, and Landon Capital Partners, a Boston-based family office, today announced the formation of Evolution Managers Capital, a platform for emerging private equity managers to launch their own investment efforts. Evolution will provide emerging managers with committed capital to fund operating expenses and investments.

HCPI Managing Partners, John Kelly and Matthew Moran, and LCP Managing Partner, Chris Sullivan, will lead the platform. Evolution will provide financial backing and support to private equity managers, who like HCPI and LCP, are focused on lower-middle market transactions with targeted deal sizes ranging from $20 to $100 million in enterprise value. Evolution expects to commit up to $50 million in equity in each participating firm on the platform and will bring in select family offices to invest alongside the firms on a deal by deal basis.

"I am excited to expand our private equity investing efforts with the launch of Evolution," said Joe Niciforo, Managing Principal of HC Technologies, LLC. "Throughout my career, I have helped seed emerging hedge fund managers and believe a tremendous opportunity exists to provide successful private equity investment professionals with a similar path to start their own funds. John and Matt have done an exceptional job with HCPI since l......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Fund managers face crackdown after Neil Woodford scandal, More than 500 Hargreaves clients join Woodford lawsuit[more]

    Fund managers face crackdown after Neil Woodford scandal From The Times: Asset management giants have been warned that their funds could be suspended and wound up after just three months if they do not ditch riskier stocks in the wake of Neil Woodford's downfall. The threat has been

  2. Ackman, down in October, has a new position[more]

    From Institutional Investor: Bill Ackman isn't done with shaking up his portfolio this year. After trimming several of his biggest positions that soared this year, Ackman is building a new undisclosed stake that already comprises 8 percent to 9.5 percent of his portfolios, he told investors. P

  3. PE/VC: Private equity is the new stock, Private equity fundraising in the US hits all-time high, Foreign private equity firms lead $152bn blitz on London Stock Exchange[more]

    Private equity is the new stock From Institutional Investor: The traditional portfolio of stocks and bonds needs an alternative investment shake-up after failed monetary policy, according to executives at JPMorgan Chase & Co.'s asset management unit. "We are in an odd cyclical posit

  4. Opinion: Cliff Asness: It's 'time to sin'[more]

    From Institutional Investor: Timing the market can be "deceptively difficult," as quantitative investor Cliff Asness has pointed out before. But now, the AQR Capital Management co-founder believes that while factor timing is "an ugly thing," it is "about time we did some" - specifically when it com

  5. Investing: Hedge fund Whitebox places big bet on gunmaker Remington, Quant funds exit Japanese bonds in worst sell-off since 2013[more]

    Hedge fund Whitebox places big bet on gunmaker Remington From Reuters: Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence toward gun manufacturers by replacing some banks as a lender to Remington Outdoor Company. Whitebox