Building Out Goldman Sachs’s Private-Equity Business

Building Out Goldman Sachs’s Private-Equity Business

How does one build out the merchant-banking arm of a firm such as Goldman Sachs? If you are Henry Cornell, this week’s guest on Masters in Business, you start in Asia. In the late 1980s, Japan was the hottest country in the world and Cornell went there to expand...
Advent Puts $1.9 Billion Acquisition of ForeScout on Hold

Advent Puts $1.9 Billion Acquisition of ForeScout on Hold

Private equity group Advent International doesn’t plan to conclude the acquisition of cybersecurity company ForeScout Technologies Inc. by the May 18 deadline, though talks are continuing regarding timing and price.   “This is an uncertain time for everyone, as...
ANALYSIS: How Is Private Equity Optimizing the Downturn?

ANALYSIS: How Is Private Equity Optimizing the Downturn?

The once-in-a-century pandemic-induced economic downturn has disrupted private equity’s usual business strategies but has opened new opportunities at the same time. We are seeing PIPE deals on pace to raise more money than any year since 2008 and buyouts up...
Cohere Capital Raises $200 Million Debut Private Equity Fund

Cohere Capital Raises $200 Million Debut Private Equity Fund

Cohere Capital Partners (“Cohere”), a Boston-based private equity firm focused exclusively on middle market growth companies, today announced the successful closing of its debut fund, Cohere Capital Fund I, LP (the “Fund”) at $200 million. The Fund closed over its...