Colin Taylor and Susan Schnabel, Co-Heads of DLJ
MBP, will continue to manage the MBP Funds and lead aPriori Capital.
aPriori Capital will manage the DLJ
Merchant Banking Partners III, L.
The new firm operates under the aPriori Capital Partners LP name and will manage private equity funds DLJ
Merchant Banking Partners III LP and DLJ
Merchant Banking Partners IV LP along with related vehicles which combine around USD2bn (EUR1.
One national report cited a person familiar with the situation in reporting that talks between Morgan Crucible and DLJ
are understood to have faltered in recent days and are likely to break down without DLJ
making an offer.
We had a small window of time in which to complete this transaction, and Freddie Mac was able to meet our tight time schedule and complete this transaction inside of 60 days," said Anand Gajjar, senior vice president at DLJ
Following the offering, DLJ
says it will be left with an 85% stake in the business.
For instance, as America's bicentennial approached, one DLJ
officer began accumulating memorabilia dealing with the financing of the American Revolution, including samples of coins and paper currency from 13 original colonies.
The hospitality industry exhibits attractive investment fundamentals, but still suffers from a liquidity shortage," said James Roiter, a DLJ