Remove 2011 Remove Business Development Companies Remove Leveraging
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MiB: Ken Kencel, Churchill Asset Management

The Big Picture

Churchill’s publicly registered business development company. He launched the Churchill Financial Group in 2006, which was purchased by PE giant The Carlyle Group in 2011. He launched the Churchill Financial Group in 2006, which was purchased by PE giant The Carlyle Group in 2011.

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Ares Faces Its Biggest Decision Yet: Stick With Private Credit or Become an Alts Supermarket

Private Equity Insights

Lately, much attention has been lavished on Ares Capital, the unit created in 2004 to provide financing for middle-market acquisitions, recapitalizations, and leveraged buyouts. The amount of business that banks do with us now is more than it has ever been.” In 2022, Ares’ direct lending tied to such buyouts totaled $26.4

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BCI And Partners Acquire Australia's Costa Group in a Take-Private Transaction

Pension Pulse

However, the US investor has been involved in the Costa Group journey for much longer than that, having been a majority owner of the company prior to its 2015 initial public offering (IPO) on the ASX with its first equity stake acquired in 2011, back when its name was Paine + Partners.