• Home
  • About Us
  • Contact
  • Subscribe
  • Your Account
  • Login
No Result
View All Result
Tuesday, June 6, 2023
Alternatives Watch
  • Home
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
  • Home
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
No Result
View All Result
Alternatives Watch
No Result
View All Result

Evanston Capital team buys back TA stake

Susan BarretobySusan Barreto
March 26, 2020
in Hedge Funds, Manager News
Evanston Capital team buys back TA stake

Evanston lighthouse byTom Gill/Flickr

ShareTweetShareSendSend

Evanston Capital Management announced that its management team has completed the purchase of the minority equity stake owned by certain private investment funds affiliated with TA Associates.

The $3 billion Evanston, Illinois-based firm has had a strong partnership with TA since 2010. The buyout was led by Evanston’s senior management team, headed by Adam Blitz, CEO and chief investment officer. According to an announcement, the entire team contributed new equity capital to finance the purchase and the firm has no outstanding debt obligations.

The terms of the transaction have not been disclosed.

Roger Kafker, TA Associates senior advisor and prior ECM board member added, “Throughout our extended partnership with Evanston Capital’s management team, we have appreciated their diligence regarding manager selection, as well as their attention to push forth the firm’s clients’ needs and best interests first and foremost.”

“We have enjoyed our strong partnership with TA and are excited to again be a fully independent, employee-owned asset management firm,” said Blitz. “This management buyout allows us to maintain our culture, our identity, and our strong alignment with the interests of our clients. We appreciate TA exiting its ECM investment through a transaction which minimizes disruption for our clients.”

Evanston Capital has offered multi-manager hedge fund programs and custom solutions for institutional and high-net-worth investors since 2002. The firm maintains more than 175 institutional investor relationships and manages commingled funds in addition to offering customized solutions to clients looking to tailor their hedge fund program.

Tags: Evanston CapitalTA Associates
ShareTweetShareSendSend
Previous Post

New York pension invests nearly $3bn across three alts programs

Next Post

Texas pension taps another six alt funds

Related Posts

People moves in the alternative investments industry
Consultants

People moves for week of June 2

Activist investor Jana Partners escalates Freshpet battle with court filing
Hedge Funds

Activist investor Jana Partners escalates Freshpet battle with court filing

Rockhampton shuts pan-Asia fund
Hedge Funds

Rockhampton shuts pan-Asia fund

Millennium hires ex-Balyasny analyst Starikovsky as senior PM
Hedge Funds

Millennium hires ex-Balyasny analyst Starikovsky as senior PM

Evanston Capital: Concentrated bets to tame complex markets
Hedge Funds

Evanston Capital: Concentrated bets to tame complex markets

Next Post
Texas pension taps another six alt funds

Texas pension taps another six alt funds

Log In/Out

Lost your password?

Search the AW Archives

No Result
View All Result

Recent News

Private equity mega-deals shine

Private equity mega-deals shine

HPS attracts $10bn for senior lending

HPS attracts $10bn for senior lending

Music Beats Cancer supports early stage biotechs, plans NYC benefit concert

Music Beats Cancer supports early stage biotechs, plans NYC benefit concert

CDPQ hires in NYC, taps brakes on China investments

CDPQ hires in NYC, taps brakes on China investments

Be an Alts Insider

Sign up for your FREE daily alts news briefing

Subscribe

Subscribe to AW
Alternatives Watch

© 2019-2022, All Rights Reserved  |  BMV Digital

Navigate Site

  • Investor News
  • Private Equity
  • Private Credit
  • Hedge Funds
  • Real Estate/Infrastructure
  • Subscribe
  • Your Membership
  • Terms of Service
  • Privacy Policy

Follow Us

No Result
View All Result
  • Home
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe

© 2019-2022, All Rights Reserved  |  BMV Digital

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Be an alts insider

Start your days in the know with our free newsletter

No, I don't want to be an alts insider

Thank

You!

Follow us
on LinkedIn

Lost your password?

This Website Uses Cookies
We use cookies on our website to provide necessary functions. By clicking “Accept”, you consent to the use of all strictly necessary cookies.
Do not sell my personal information.
Cookie Settings Accept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Save & Accept
Powered by CookieYes Logo