It is located in Texas, the US. Ex-Brazos senior executivesMichael Salim,Lucas Cutler,Jason Sutherland, andWilliam Henryare joining him. The team page of the Brazos Private Equity website lists 15 people altogether. OEG is headquartered in Oakland, California, the US. Target companies generally have growing free cash-flow, sustainable competitive advantages, and a leading market position. We distinguish ourselves as the #1 choice for industrial manufacturers who are in need of Technical Service and Production Savings. Founded in 2002 through a spin out of a portfolio of private equity investments from Deutsche Bank, Colonnade acts as a GP of funds, and a replacement GP or Co-GP on third party originated private . Former Vision Source owner Brazos Private Equity to wind down, Investor Relations, Marketing & Communications Forum. Brazos has a long runway ahead of it. Brazos seeks to partner with outstanding management teams and/or families of closely-held businesses to maximize value. it's been delivered there. A Greek passenger train collided head-on with a cargo train late on Tuesday, throwing entire carriages off the tracks and killing at least 36 people in the country's deadliest rail crash in living memory. Exclusive: Dallas-based Brazos Private Equity to wind down, Emerging managers monitor: Tracking new fund formation, Investor Relations, Marketing & Communications Forum. Convene, 117 W 46th St, New York, May 23-24, 2023 We have just sent you an email so you can verify your account. Asia-Pacific power plant contracts activity down 20% in July 2022. The sandbanks normally submerged below France's longest river by the beginning of spring have resurfaced early, as water levels have fallen lower than usual amid a record nationwide drought. A link has been emailed to you - check your inbox. Only logged in subscribers of this site will be able to access the shared article. All power projects included in this report are drawn from GlobalDatas Power Intelligence Center. If you would like to access this article you must become a Premium Subscriber. Not the case? GMEC provides clean energy to retail customers through its retail electric service. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Italian authorities arrested three people and were looking for a fourth suspect who they believe trafficked up to 200 migrants aboard a wooden boat that smashed apart on rocks off southern Italy on Sunday, killing at least 65 people. At Brazos, Fojtasek managed $1.4 billion of private equity capital across three funds and oversaw the deployment of over $2.5 billion in transaction value. Salim wouldnt go into detail but said some partners are in talks to start up their own ventures or join new firms. March 29-30, 2023 Convene, 117 W 46th St, New York, April 19-20, 2023 Convene, 117 W 46th St, New York, May 17-18, 2023 Hilton Tower Bridge, London, May 23-24, 2023 Convene 117 West 46th Street, New York, Get limited access to our industry news, analysis and data, plus regular email updates. Market Data . The company was sold in October 2005 to Beacon Roofing Supply (Nasdaq: BECN). All quotes delayed a minimum of 15 minutes. The company provides energy from wind and solar sources. Copyright 2019 BlackHawk Industrial / All rights reserved. Mr. Henry has more than 20 years of experience as a trusted business advisor and problem solver with expertise in operations, accounting, finance and project management. It has its operations in the US and the UK. Don't have an account? A new Dallas private equity firm, Riata Capital Group, has been formed by executives and investment professionals at Brazos Private Equity Partners, which is in wind-down mode. The total value of New York State Common Retirement Funds investment in Fund II was $39.0 million as of March 31, 2013, according to the pension fund. Proxy Disclosure & 20th Annual Executive Compensation Conferences, Cross-Border: Key Trends Driving Global M&A, SPACs Seek Relief for Defective de-SPAC Charter Amendments, Antitrust: The FTC Wants More Time for Merger Reviews, 8911 N Capital of TX Hwy, Suite 4200-110, Austin, TX 78759. The company provided 160 units of MWT62/1.0 (MWT-1000A) turbines, each with 1MW nameplate capacity. Here's an excerpt: Most funds take 12 years or more to fully liquidate. OEGs site selection services comprise proximity to transmission lines, state, local, and federal permitting requirements, specific terrain of the property, and environmental aspects of the site. Brazos Private Equity Partners, LLC operates as a private equity firm. Don't have an account? One of Pitchbooks conclusions is that better GPs often have quicker than average exits since these folks make good investments in the first place, its easier for them to exit quickly. Industrial solutions for power generation, Scotlands hydrogen strategy: Building a green energy economy, Africas rapidly growing energy transition opportunity, One year on: How the Russian invasion of Ukraine has driven and damaged renewables, The EUs new climate policy will spark international cooperation on carbon pricing, UKAEA issues 3.1m of fusion contracts for commercial development, First Solar to supply solar modules to Lightsource BP in US, Engie selects Ecoppia to clean 181MWac solar project in Chile, Electric Process Heaters Help Decarbonise Petrochemical Refining, Whos acquiring who? In an email, Mr. Salim said the firm didn't plan to raise another fund, but "we are fully engaged on a business-as-usual basis in evaluating investment opportunities, managing our portfolio and creating value for our investors. Prior . The company provides a wide range of services that include engineering, construction, operations and maintenance, land procurement, meteorology, and field services. In time, partners may choose to extend their careers in different directions.. Backstage and collection highlights at Milan Fashion Week. Click The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponents news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Brazos Private Equity Partners LLC is a private investment firm that specializes in recapitalizations of family owned businesses, CEO led buy-and-build situations, non-core divestitures, and small cap take privates. This is further set to rise to 15% by 2030. Brazos has invested in a broad range of industries including consumer, food and beverage, business and financial services, healthcare, manufacturing / industrial and distribution. Post completion of construction, the project got commissioned in December 2003. We have a portfolio to mine and harvest value. Green Mountain Energy Company (GMEC), a subsidiary of NRG Energy Inc, is a renewable energy company that offers carbon offset solutions. March 29-30, 2023 For Brazos, Mr. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Brazos Co-Chief Executive Officer and Co-Founding Partner Randall S. Fojtasek said: ";We look forward to partnering once again with Bill Scheller. A senior team from Brazos Private Equity Partners, a private equity firm that is winding down, today unveiled plans to set up a new firm targeting control investments of middle market companies. here to register, Not for publication, email or dissemination, Green Infrastructure Partners to buy ATEs roadbuilding business, Shore Capital-backed OC Flavors snaps up Novotaste, Staci acquires Rotunda Capital-backed fulfillment services firm Amware, Introducing the Women in PE Class of 2023; Lincoln Road partially exits Brothers National, Ares backs BlueCove; Thoma Bravo closes Coupa deal; plus Black History Month interviews, Red Arts Chad Strader: Diversity is good for business; US PE firms vie for public European names. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Insight. Brazos focuses on investments in leading middle-market consumer, healthcare, commercial & indus Read More Contact Who is Brazos Private Equity Partners Headquarters However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Please check your spam or junk folder just in case You should only be asked to sign in once. Click here. The company is a member of various renewable associations such as American Wind Energy Association, Electricity Reliability Council of Texas and Texas Sheep and Goat Raisers Association among others. NEW YORK, March 26 (peHUB) - Brazos Private Equity Partners, a Dallas buyout shop, will not be raising a new fund and will manage out the existing portfolio and wind down, according to. peHUB-Exclusive: Dallas-based Brazos Private Equity to wind down. That said, Salim said right now the priority is finishing the deployment of Fund III, the investment period of which ends in July. Brazos Private Equity Partners is a Dallas-based private equity firm that manages approximately $1.6 billion of equity capital. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. The companys services include renewable energy resource assessment, site identification, energy output projections, environmental assessment, negotiating turnkey construction service contracts, and site design and site layout optimization services. The Brazos Equity Fund III closed oversubscribed in September 2008 with capital commitments of over $700 million, targeting middle market companies with enterprise values of $50-400 million mainly in southwestern U.S. manufacturing, consumer, healthcare, distribution, and financial services companies. OHara joined the Credit Suisse Customized Fund Investment Group (now owned by Grosvenor Capital Management). Get ahead and download this whitepaper for more details on the current state of the Wind Power Market. In March, peHub reported that Brazos Private Equity Partners would split and raise separate funds in an amicable departure of partners that also included Jeff Fronterhouse and Patrick McGee. This has largely been possible due to favourable government policies that have provided incentives to the sector. Senior team from Brazos forms new middle market PE firm, Fed rally & default fears bring bifurcation back to leveraged loans, Loan Downgrades Are the Biggest Concern for the European CLO Market, Industry-Specific Losses Stand Out In Leveraged Loan Market As COVID-19, Oil Fears Globalize, Europes Leveraged Loan Issuers Draw on Revolving Credits to Preserve Liquidity. The documentation constituting the . Cielo Wind Power LP (Cielo Wind) is a wind power project development company. /marketintelligence/en/news-insights/latest-news-headlines/leveraged-loan-news/senior-team-from-brazos-forms-new-middle-market-pe-firm With Bill Scheller from GlobalDatas power Intelligence Center market position 1.6 billion of Equity capital of closely-held businesses maximize! Partnering once again with Bill Scheller pehub-exclusive: Dallas-based brazos Private Equity website lists 15 people altogether in US! In December 2003 to Beacon Roofing Supply ( Nasdaq: BECN ) are in talks start... 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