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PE Hub – Cybersecurity vendor Netwrix grabs investment from Centerbridge

Centerbridge Partners has made an investment in Frisco, Texas-based Netwrix, a cybersecurity vendor. No financial terms were disclosed. TA Associates will remain Netwrix’s majority shareholder with Updata Partners retaining a minority stake in the business. “Netwrix has continually demonstrated its ability to innovate and identify software that […]

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Netwrix Announces Strategic Investment from Centerbridge Partners

Leveraging the new investment and continued partnership with TA, Netwrix aims to expand market leadership in data security solutions. Netwrix, a cybersecurity vendor that makes data security easy, today announced a new strategic investment with Centerbridge Partners L.P. (Centerbridge), a global multi-strategy private equity firm. TA Associates […]

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Netwrix Announces Strategic Investment from CenterbridgePartners

Netwrix, a cybersecurity vendor that makes data security easy, today announced a new strategic investment with Centerbridge Partners L.P. (Centerbridge), a global multi-strategy private equity firm. TA Associates (TA), a leading global private equity firm, remains the majority shareholder, with members of Netwrix’s senior management team and Updata Partners […]

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Pensions & Investments – A grab bag of global boom and bust at Milken; Investors grapple with war in Ukraine, growing U.S./China tensions, doubts about debt ceiling

Wall Street’s elite flocked to Los Angeles for the 2023 Milken Institute Global Conference — Michael Milken’s annual confab celebrating capitalism — but the mood was sober as investors grappled with a host of old and new worries. Pension funds and other institutional investors at the conference, […]

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Institutional Investor – Even Managers Are Worried About Valuation

The private equity valuation debate’s stranglehold on the conference circuit isn’t letting up. At the Milken Institute Global Conference on Monday, at least one investor spelled out the consequences of a private equity manager marking their assets higher than they are worth. They’ll walk. “We’re seeing realizations […]

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Garrett Motion Reaches Agreements with Centerbridge and Oaktree to Transform CapitalStructure

Garrett Motion Inc. (Nasdaq: GTX, GTXAP), a leading differentiated automotive technology provider, today announced that it has entered into definitive agreements (the “Agreements”) with Centerbridge Partners, L.P. (“Centerbridge”) and funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to simplify the Company’s capital structure by converting all outstanding […]

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