News

Mar. 25, 2024
LSV Advisors Acquires Controlling Interest in ClearCaptions from Reservoir Capital Group

ROSEVILLE, Calif., March 25, 2024 (GLOBE NEWSWIRE) -- ClearCaptions, a leader in providing near real-time phone captioning services for the hard-of-hearing at no cost to eligible individuals, today announced that LSV Advisors has acquired a controlling interest in the company from funds managed by Reservoir Capital Group.

Apr. 19, 2023
LSV Advisors Closes Another Continuation Fund as Lead Investor

New York, April 19, 2023 – LSV Advisors, LLC (“LSV”), a leading New York-based special situations secondaries firm, today announced the Q4 2022 closing of a new continuation fund managed by Amberjack Capital Partners (“Amberjack”).

Sep. 20, 2022
Outfitter Energy Capital Closes on New Fund

Houston, Texas, September 20, 2022 - Outfitter Energy Capital (“Outfitter”), the Houston-based energy private equity funds manager, today announced the closing of Outfitter Energy Partners, L.P. With the backing of funds managed by special situations secondaries manager LSV Advisors, LLC (“LSV”) as lead investor, this new fund was designed to provide both existing Outfitter and new limited partners the opportunity to invest in an established portfolio of upstream oil and gas companies with attractive development and value creation opportunities. Proceeds from the new fund were used to purchase an existing portfolio of assets from affiliated Outfitter managed funds and will provide unfunded commitments for necessary growth capital to enhance the portfolio going forward.

Jul. 05, 2022
Morningside, LSV Back Special Sits Pref Deal

A European special situations manager has raised preferred equity in a deal that brings back memories of transactions consummated during the height of the coronavirus crisis. Morningside Capital Management and LSV Advisors have made a preferred equity investment in a €100 million European private equity portfolio managed by Springwater Capital, according to a statement seen by Secondaries Investor. Springwater will use the capital to invest in opportunities brought about by current market dislocation.

Mar. 15, 2022
Vance Street Closes Continuation Fund, Backing Merger of Micronics Engineered Filtration Group and National Filter Media

CHATTANOOGA, TN – March 15, 2022 – Vance Street Capital’s Micronics Engineered Filtration Group (“Micronics” or the “Company”), a global provider of aftermarket and OEM filtration equipment and consumables, today announced the acquisition of National Filter Media (“NFM”). Vance Street closed its first single asset continuation fund – VSC Extended Value (EV) 1, LP (the “Fund”) – in conjunction with the transaction, extending the investment period to allow for the transformative acquisition and provide runway for integration and further growth.

Aug. 12, 2021
AllianceBernstein and LSV Advisors Announce Strategic Partnership

NEW YORK, Aug. 12, 2021 /PRNewswire/ -- Leading global investment manager AllianceBernstein L.P. ("AB") (NYSE: AB) announced today that the firm has established a strategic partnership with LSV Advisors, LLC ("LSV"), a special situations secondaries firm focused on liquidity solutions for hedge fund, private equity, and other alternative investment funds.

Mar. 19, 2021
Another Major Geothermal Acquisition by Macquarie in the U.S.

In a release this week, Macquarie Infrastructure and Real Assets (MIRA) announced the financial close of the acquisition of Cyrq Energy, Inc. (Cyrq) via a Macquarie Infrastructure Partners-controlled subsidiary, from funds managed by Tenor Capital Management and affiliates of LSV Advisors.