Articles tagged "KKR"
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KKR rewards Beacon Pointe with mega recap after the roll-up made the leap from $10 billion to $20 billion in AUM in 18 months
CEO Shannon Eusey's team will still hold 'over 50%' of firm but takes chips off the table after KKR infusion in her 2002-founded firm -- which launched a rollup as an adjunct in 2011.
November 16, 2021 at 1:58 AM
Private Client Resources does deal with 'barbarians' after one with Envestnet and before CAIS
After CEO Bob Miller executed a turnaround, ex-KKR execs rewarded him with buyout of majority stake -- and wiped away nasty $12-million balloon note
June 27, 2019 at 5:11 PM
Focus Financial IPO pays off for KKR and Stone Point, after all, by hitting price mark, plus an investor 'pop.' Now, on to the less glamorous task of paying down debt
Roll-up's day-one shares opened at $35, traded briskly and closed with a tidy 13.79% gain from the $33 base
July 28, 2018 at 2:51 AM
In another go-go sign, Focus Financial moves up IPO trade date to as early as Monday
After New York roll-up CEO Rudy Adolf completes bang-up road show that emboldened share-price leap, time is of the essence
July 20, 2018 at 9:58 PM
Focus Financial IPO is on at $39 per share as KKR pushes giant share premium, with an eye on raking off an extra $532 million
The New York-based roll-up's CEO Rudy Adolf wraps up his road show fraught with perils for slapping a higher -- much higher price -- on shares
July 16, 2018 at 8:35 PM
Focus Financial files for IPO to raise $100 million, with 'interesting' timing
Private equity bought the New York-based roll-up a year ago and its revenues are growing about 20%
May 24, 2018 at 5:15 PM
Stone Point and KKR buy Focus Financial for $2 billion by employing massive leverage
PE giants with loans of about $1 billion -- psyched that the roll-up's roll flow is snowballing in 2017 -- cash out Centerbridge, Polaris, Summit, several advisors and employees
April 19, 2017 at 4:39 AM
Feeling its oats in post-Genworth life, Altegris does a deal with KKR anchored by a big Merrill Lynch brokerage commitment
Using a deli-slicer approach, the San Diego liquid alts firm will make KKR billions available in $25,000 portions
May 13, 2015 at 5:55 PM
United Capital drops a six-figure check on 10 partner firms in share buyback program financed by SageView
Joe Duran's company is belatedly paying fully vested firms for up to 25% of their stock after the 2008 crash threw off the promised liquidity schedule
March 18, 2014 at 5:27 PM
The 2012 Schwab IMPACT conference comes off with a theatrical flair
Bernie Clark all but donned top hat and tails for a dramatic presentation of upcoming initiatives, and a last-minute celeb subbed for a famed basketball coach
November 15, 2012 at 8:49 PM
Why Chuck Schwab is fine with boosted taxes -- and even Dodd Frank -- and believes RIAs should be, too
Schwab's chairman also gives an interesting window into his view of alternative investments
