article thumbnail

Alliance Consumer Growth Closes Fifth Fund

Private Equity Professional

Since 2011, ACG has invested in many high-growth consumer and retail companies, eight of which subsequently had notable exit events. ” Brands that ACG has partnered with as an early-stage, minority investor include, among others, a 2011 investment in Babyganics (sold to S.C. .

Funds 100
article thumbnail

Agellus Capital Closes Inaugural Fund at $400 Million

Private Equity Professional

The two met when they both worked at Audax from 2011 to 2014. Aviditi Advisors was the placement agent for Fund I and Weil, Gotshal & Manges provided legal services. The new fund was oversubscribed and closed above its $350 million target after just five months of fundraising. The firm is headquartered near St.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Got $3,000? 2 Growth Stocks to Double Up on Right Now.

The Motley Fool

which is still in the process of legalizing sports betting state by state. had legalized sports betting in some capacity. Nobody can predict the pace at which these remaining states will legalize sports betting (if ever), but there's still a lot of potential for DraftKings in this industry.

Legal 246
article thumbnail

Kinderhook Names New Managing Directors

Private Equity Professional

He joined Kinderhook as an associate in 2011 and left in 2013 to earn his MBA from Wharton. Kinderhook used UBS Private Funds Group as its placement agent and Kirkland & Ellis provided legal services. Keenan focuses on Kinderhook’s environmental services and automotive verticals.

Legal 130
article thumbnail

Want $1,000 in Annual Dividend Income? Invest $9,550 in These 2 Ultra-High-Yield Stocks

The Motley Fool

Ares Capital Ares Capital is a business development company ( BDC ), which means it can legally avoid paying income taxes by distributing nearly all its profit to shareholders as a dividend. It's been able to maintain or raise its payout since beginning a dividend program in 2011, with a brief exception in 2018.

Investing 246
article thumbnail

Apple's Biggest Threat Isn't What You Think

The Motley Fool

Legal risks In the U.S., meanwhile, Apple is facing legal issues related to its App Store. Meanwhile, its price-to-earnings ratio has tripled since the end of 2011, the year of Jobs' death. Do you think that Apple's business should be worth 3 times the multiple it was in 2011?

Legal 189
article thumbnail

Clarion Capital Partners appoints General Counsel and Chief Administrative Officer

Private Equity Wire

Sipos previously worked at Clarion from 2011 to 2015. In these roles, he oversaw the legal functions across acquisitions, divestitures, litigation, governance, investor relations, regulatory compliance, human resources and equity compensation.