GTCR, Exec To Pour Up To $500M Into New Investment Vehicle

Law360, New York (September 25, 2013, 7:54 PM ET) -- Chicago private equity firm GTCR LLC has partnered with the former CEO of VeriFone Systems Inc. to pour up to $500 million into a new California-based venture aimed at picking up companies operating in the financial services sector and other related assets, it said Wednesday.

GTCR will sink up to $450 million into the new operation, known as Opus Global Holdings LLC, while Opus Global's incoming CEO Douglas Bergeron will fork over up to $50 million to round out the investment. The firm did not say...
To view the full article, register now.

DEWEY LIVE BLOG

Follow our exclusive coverage of the trial of the year:

Catch up on the Dewey trial here