Sun, Dec 15, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Palladium Equity Partners raises $1.56bn for fifth buy-out fund

Monday, July 15, 2019

Laxman Pai, Opalesque Asia:

The New York-based Hispanic-Focused Palladium Equity Raises has raised just over $1.5bn for its newest and largest fund.

The middle market private equity firm with over $3bn in assets under management raised about $1.56bn at the close of its Palladium Equity Partners V LP fund (PEP V), surpassing its predecessor Palladium Equity Partners IV LP, which raised $1.14bn in 2014.

PEP V received strong support from existing limited partners and attracted many first-time investors, including well-known corporate and public pension plans, family offices, funds of funds, insurance companies and other institutional investors in North America, Europe, Asia, the Middle East and Latin America.

Marcos A. Rodriguez, Chairman and CEO of Palladium, said: "We are pleased with the strong support PEP V received from existing and new limited partners. Our team looks forward to continuing to apply our disciplined investment process and our GOL value creation process to seek to generate attractive risk-adjusted returns."

"As we deploy PEP V, we are excited to continue to partner with founders and management teams to help improve and grow their companies into larger and more valuable market leaders," said David Perez, President and COO of Palladium.

According to a press release from the company, PEP V will pursue the same strategy as its predecessor fund, primarily investing in middle market companies in partnership with founders......................

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. 50 South Capital & Preqin highlight emerging manager outperformance in a new report[more]

    Bailey McCann, Opalesque New York for New Managers: New data from Preqin and 50 South Capital, the investment arm of Northern Trust, shows that emerging managers are outperforming established managers by almost 4% a

  2. An academic wrecking ball aims at hedge funds[more]

    From Bloomberg: Quant investing, and indeed much of the hedge fund industry, is built on the power and freedom that come with the ability to sell short. When you short a security (borrow and then sell it, meaning you make money if the price falls and you then re-buy it), you can profit when markets

  3. PE/VC: Private equity buys $101bn of European businesses, 30 under 30 venture capital 2020: Meet the young investors backing tech's next big thing[more]

    Private equity buys $101bn of European businesses From Bloomberg: European equities' cheap valuations have turned the region into a honeypot for private-equity and arbitrage funds looking to reap double-digit returns. With the buyout firms enjoying a massive amount of dry powder, especial

  4. PE/VC: The truth about private equity fund size, US VC investment in female founders hits all-time high[more]

    The truth about private equity fund size From Institutional Investor: As the end of the year approaches, institutional investors in private markets are wrapping up work on the last few funds we need to invest in to hit our targeted annual commitment levels. You see, private equity

  5. Crypto: Almost 70 crypto hedge funds have closed this year as institutional investors shy away, Central bank talk of launching cryptocurrencies is all bluff, Thailand and Hong Kong in crypto collaboration with cross border token project, Crypto loans see solid growth, platforms attract community interest, A Bitcoiner in the Senate? Is Bakkt CEO in US govt. good or bad for crypto?, Bank of France to test digital currency in 2020[more]

    Almost 70 crypto hedge funds have closed this year as institutional investors shy away From The Block Crypto: Nearly 70 crypto-focused hedge funds that largely cater to institutional investors, such as pension funds and family offices, have closed this year. The number of new fund