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J.C. Flowers Completes its Acquisition of iLendingDIRECT


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NEW YORK, May 3, 2021 /PRNewswire/  J.C. Flowers & Co. LLC ( J.C. Flowers ), a leading private investment firm dedicated to investing globally in the financial services industry, announced today that it has closed on its acquisition of iLendingDIRECT ( iLending or the Company ), a leading auto refinance marketing company. Terms of the transaction were not disclosed.
In conjunction with the closing, financial industry veterans Steve Abernethy and Eric Dunn will join the Company s Board of Directors. Also joining the iLending Board are John Oros and Tom Harding of J.C. Flowers, and Nancy Fitzgerald, former CEO of iLending. ....

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New State Capital Closes Third Fund at $450M


New State Capital Closes Third Fund at $450M
New State Capital Partners, a private equity fund, has closed its third institutional investment fund, 
New State Capital Partners Fund III LP with $450 million in committed capital. The fund was over-subscribed and closed on schedule at its hard cap in about four months after the official launch.
Fund III’s investors are comprised of a global group of public and private pension funds, consultants, endowments, foundations, funds of funds, and family offices. New State completed the fundraise of its second institutional fund in March 2018 with $255 million of capital commitments and currently has $1.2 billion in assets under management. ....

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