Leonard Green Reportedly Eyes $1.5B for First-Ever Secondaries Fund
The new fund will seek to invest in single-asset continuation vehicles.
Source: themiddlemarket.com
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Private Equity Firms Want to Give Workers Ownership Stakes
Through a new nonprofit, buyout funds will grant shares to employees of their portfolio companies. Backers say it will boost investor profits, and give workers an ‘ownership mindset.’
Source: prospect.org
Ares Management Sells Stake in Convergint Technologies to Leonard Green and Harvest Partners
Press release content from Business Wire. The AP news staff was not involved in its creation.
Source: apnews.com