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E-NEWS UPDATE

July 16, 2015

Call for Award Nominations Extended

The National Association of Investment Companies recognizes trailblazers and individuals who have made significant contributions to the private equity industry.

NAIC invites you to honor your colleague's achievements and nominate them for a 2015 Annual Award. Nominations are currently being accepted for the following awards:

Deal of the Year Award
The NAIC Deal of the Year Award recognizes an entrepreneur, corporation or private equity fund that has consummated a deal best representing the tremendous insight, extraordinary talent, and investment opportunities resident within the U.S. Emerging Domestic Market (EDM).
Download the Deal of the Year Award nomination form

Rising Star Award
The EDM has a wealth of talented young professionals. The Rising Star Award celebrates an individual that exemplifies excellence and dedication as a financial industry professional, and has made outstanding contributions to the industry early in their career.
Download the Rising Star Award nomination form

All applicants must submit the applicable nomination form by July 20, 2015. Nominations received after that date will not be eligible for consideration of an award.

If you have questions regarding the process, please contact Jennell Lynch at (202) 204-3001 or [email protected].

Upcoming NAIC Members Only Event

All NAIC members are invited to attend a meeting with New York City Comptroller Scott M. Stringer and investment officers from the New York City Employees Retirement System.

Date:   Friday, July 31, 2015
Time:   10 - 11:30 am
Location:    Office of NYC Comptroller Scott M. Stringer
                     1 Centre Street, 5th Floor South
                     New York, NY 10007

Topics to be discussed include:
  • Overall update on the NYC ERS emerging manager program and diverse manager initiatives
  • Dialogue about the program’s strengths, weaknesses, and limitations on diverse-owned managers
  • Future plans for the program
  • How NYC ERS plans to execute on diversity criteria
  • The role NYCERS would like to play in promoting Emerging Managers with other Institutional Investors.
  • NYCERS Participation in NAIC 45: October 5-6, 2015
Please RSVP by Friday, July 24th with Dawn Simmons by email at [email protected].

NAIC Member News

The Silverfern Group invests in IKKS, a Leading French Ready-to-Wear Brand

July 9, 2015 - Paris, France — PThe Silverfern Group, a leader in active global direct investment, today announced that it has co-invested in the acquisition of IKKS, one of the leading French ready-to-wear brands with a unique position in the “casual chic” segment, alongside LBO France and IKKS founder Roger Zannier, who retained a 30% stake in the Company.
View full announcement

Palladium Equity Partners Acquires TransForce, Inc., a Provider of Specialized Staffing, Recruiting, and Workforce Management Solutions to the Commercial Transportation Industry

July 6, 2015, New York, NY and Alexandria, VA — Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), a private investment firm with over $2.0 billion in assets under management, today announced that an affiliated fund has acquired TransForce, Inc. ("TransForce" or the "Company"), a specialized staffing and recruiting company that provides qualified commercial truck drivers to third-party logistics companies, private fleets, and trucking companies. Headquartered in Alexandria, VA, the Company operates 47 branches across 24 states and dispatches more than 2,500 drivers to its customers on a daily basis.
View full announcement

Vista Equity Partners to Acquire a Majority Stake in Mediaocean

June 29, 2015, New York, NY — Mediaocean, a leading software company for the advertising world, today announced that a majority stake of the company will be acquired by Vista Equity Partners, a leading private equity firm focused on software, data, and technology-enabled businesses. Vista's involvement will accelerate global growth and further drive product innovation for Mediaocean.
View full announcement

Clearlake Capital Announces Investment in CNI Enterprises, Expanding its Presence the Automotive Sector

June 25, 2015, Santa Monica, CA — Clearlake Capital Group, L.P. ("Clearlake") today announced that it has sponsored the acquisition of CNI Enterprises, Inc. ("CNI"), a provider of interior components to major North American original equipment manufacturers (OEMs) and tier one suppliers, through one of its fund portfolio companies. Terms were not disclosed.
View full announcement

Magic Johnson's Firm Buys Equitrust Stake From Guggenheim

June 25, 2015 — Guggenheim Partners LLC will continue to provide investment-management services for EquiTrust, according to an e-mailed statement that didn't include terms. Guggenheim no longer owns a stake in the insurer, said Anthony Lacavaro, a spokesman for the New York-based company.
View full announcement

Upcoming Industry Events

2015 GCM Grosvenor Small and Emerging Managers Conference

Please mark your calendar for the 2015 GCM Grosvenor Small and Emerging Managers Conference on Private Equity, Hedge Funds, Real Estate and In-State Investments.

Agenda and registration details to follow.

7th Annual Women's Alternative Investment Summit

The 7th annual Women's Alternative Investment Summit will be held Thursday and Friday, November 5 - 6, 2015, at The Pierre, New York City. More than 400 of the top women in private equity and alternatives — fund managers, institutional investors and advisors to the industry — will gather in New York for this timely, indispensable industry conference. Join us for a unique opportunity to build trusted networks that provide access to raise funds, generate deals, manage the portfolio, realize exits, and advance your firm.

Click here to register by September 24 and save 200!
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