Lower Mid-Market Investor Garden City Nabs $255m for ‘People-First’ Strategy
Garden City, a lower‑mid‑market private equity firm, closed a $255 million fund aimed at a "people‑first" investment approach. Founder Michael Arrieta emphasized that dignity, respect, purpose and belonging are core to the strategy. The capital will be deployed across North American lower‑mid‑market companies where workforce culture can be a competitive advantage. The fund signals a shift toward talent‑centric value creation in the sector.
Data Center Investing Helped Buoy Guardian Capital’s Fund IV
Guardian Capital Partners closed its fourth fund at $441 million, surpassing the original $350 million target. The over‑performance is largely attributed to the firm’s strategic focus on data‑center assets, which have attracted heightened investor appetite. The fund’s success signals a...
Mid-Market Buyouts Shop Gridiron Launches Sixth Flagship, Targets $2.5bn
Private equity firm Gridiron Capital has launched its sixth flagship fund, Gridiron Capital Fund VI, with a target size of $2.5 billion. The new target represents a modest increase from the $2.1 billion raised for Fund V, which itself exceeded its original...
Blue Owl’s Lipschultz Seeks to Quell Fears of ‘Red Flags’ in Software Portfolio
Blue Owl’s chief investment officer, Lipschultz, addressed investor concerns on the firm’s earnings call, emphasizing that software‑focused lending represents only 8% of the firm’s assets under management. He highlighted that the loans carry robust loan‑to‑value (LTV) ratios, underscoring a conservative...