Financial Updates – Page 7 – Financial Updates

Reverence Capital Unveils $500–$600M Structured Credit Fund, Following 45% IRR Success

Reverence Capital is formally launching a cre...

The strategy will target assets such as real ...

Former Goldman Sachs trader Jeff Verschleiser...

The move builds on Reverence’s strong private...

Richard C. Blum’s Blueprint: Merging High-Return Investing with Deep Social Impact

Americas Firms Banking

Richard C. Blum first made his name in financ...

He founded Blum Capital Partners in 1975, usi...

Blum’s experiences with poverty in postwar Eu...

His legacy blends high-return dealmaking with...

Traeger’s Private Equity Evolution: Growth, Risks & Strategic Moves

Americas Firms Consumer

In 2013, Duff & Phelps (now Kroll) advised Tr...

A 2017 recapitalization made AEA Investors an...

Now public as NYSE: COOK, Traeger has growing...

Key strategic issues include supply-chain shi...

Vestar Delays New Fund Amid PE Slowdown, Leaning Into Continuation Vehicles

Americas Firms Banking

Vestar Capital Partners has postponed raising...

The firm has invested about $3.5 billion and ...

Fund VII’s modest performance contrasts with ...

Vestar’s move, including a $1.2 billion Circa...

Caroline Ptacek Steps Up at Vestar, Showcases Deep Sector Expertise

Americas Firms Consumer

Vestar Capital Partners has promoted Caroline...

Ptacek joined Vestar in 2022 after leveraged ...

She works on Vestar’s investments in Circana,...

The move fits Vestar’s strategy of advancing ...

Dr. Praeger’s Names Alexis Brescia to Lead Supply Chain, Signaling Focus on Operational Scalability

Americas Firms Consumer

Dr. Praeger’s has appointed Alexis Brescia as...

Brescia brings over 25 years of large-scale C...

The hire signals a strategic push to strength...

Success will hinge on Brescia’s ability to im...

VTB’s Push into UK Retail: Core Banking Choices, License Hurdles & Lessons from Marcus’ Finacle Rollout

Europe Firms Banking

VTB applied for a UK banking licence in 2017 ...

The bank’s technology choice reflects a focus...

Goldman Sachs’ Marcus similarly entered the U...

Across these cases, regulatory demands such a...

SMBC Nikko Faces Leadership Shift as Strategic Restructuring Intensifies

Asia Firms Banking

The reported departure of “Brock” from SMBC N...

SMBC Nikko is undergoing major leadership cha...

The firm faces financial and reputational pre...

A planned 2027 strategic joint venture with J...

Reverence Capital’s $500–600M Structured Credit Fund: Targeting Asset-Based Returns

Americas Firms Banking

Reverence Capital is launching a structured-c...

The fund focuses on asset-based, yield-orient...

This strategy complements Reverence’s success...

The new credit platform aims to diversify Rev...

Richard Blum: Investment Triumph to Philanthropic Legacy—Business, Influence, and Scrutiny

Americas Firms Banking

Richard C. Blum parlayed an $8 million acquis...

He built a powerful investment firm focused o...

Blum coupled wealth creation with philanthrop...

His overlapping roles as investor, UC Regent,...