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Ballast Rock Asset Management has appointed Michael Welch as head of investor relations and capital formation, creating a new senior role as the alternative investment manager looks to expand fundraising across its real estate, private credit, venture capital and private equity strategies.
The post Ballast Rock hires PPM America's Michael Welch to lead investor relations and capital formation appeared first on AltAssets Private Equity News.
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Andera Partners has held the final close of its fourth expansion capital fund on €430m, exceeding its original €350m hard cap after increasing the limit twice to accommodate strong investor demand.
The post Andera Partners raises record €430m for fourth expansion fund after lifting hard cap twice appeared first on AltAssets Private Equity News.
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Lockheed Martin has agreed to acquire Ultra Maritime from Advent International-owned Cobham Ultra in a deal valued at $3.45bn.
The post Deal Roundup: Advent's Cobham Ultra sells Ultra Maritime to Lockheed Martin in $3.45bn deal appeared first on AltAssets Private Equity News.
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 IRS fraud filters can trigger frustration for real taxpayers — including those ignore IRS letters. National Taxpayer Advocate details the challenges.
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