Raleigh's Captrust is valued at $1.25B after investments from a Chicago private equity firm.
Charlotte-based SPX FLOW sold a power and energy unit for $475 million to the Apollo Global private-equity group.
Charlotte PE group Summit Park sold a portfolio holding, records management company Arkive, to Access CIG of Livermore, Calif. Atlanta-based Arkive “built significant value in 17 [...]
Charlotte School of Law's sister institution in Arizona aiso under fire for poor bar exam scores and graduates' difficulty in finding jobs. Private equity groups that own the schools aren't talking.
MapAnything raises $33 million to expand its software company. Investors include former NBA Commissioner David Stern and a U.S. affiliate of a controversial Russian conglomerate.
Dale Folwell, North Carolina's new state treasurer, is pressing investment fund managers to explain their results and cut fees - in 18 minutes or less.