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Article: Pine Brook Road Partners Closes $1.43 Billion Fund to Start New Energy, Financial Services Companies without Using Leverage.
- Article from:
- Energy Weekly News
- Article date:
- April 24, 2009
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Pine Brook Road Partners, LLC, a New York-based private equity firm, announced the final closing of its first fund with total capital commitments in excess of $1.43 billion. Pine Brook is differentiated from other private equity firms by its investment approach, which calls for starting businesses instead of buying companies, investing equity to grow them, and not using financial leverage to create returns.
In this fund, Pine Brook Capital Partners, L.P. will target equity investments of $100 million to $200 million. The firm is currently focused on the energy and financial services sectors. In addition, Pine Brook uses the "line of equity" structure that helps ...
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Article: Pine Brook Road Closes $1.4B Fund.(News)
Mergers & Acquisitions Report;
April 13, 2009 ;
700+ words
... ... Kelly Holman, Investment Dealer's Digest Pine Brook Road Partners said Tuesday that it has raised ... says Howard Newman, chief executive of Pine Brook Road Partners. Newman launched Pine Brook in 2006 with two other private equity veterans ...
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