(Image: https://image.slidesharecdn.com/family-office-conference-2010-100930230654-phpapp01/95/family-office2010-5-728.jpg)Whenever someone says, identify the ‘top’ or ‘best’ private equity companies, I feel the one means to really measure the success of a agency is by way of its means to generate constant returns for buyers. This implies delivering a listing based on IRRs.

However, given how opaque and troublesome it may be getting quality return info (corporations love to brag about how much they’ve raised - simply not how much they’ve returned), the second greatest unit of measure is then AUM (property beneath management - which is usually calculated as the total amount raised since firm inception). While AUM isn’t as helpful as IRRs, it’s a lot simpler to calculate and does indicate a firm’s skill to continually entice investors. After all, Leonard Green would not have been oversubscribed for its sixth, $9.6B fund had it not carried out over the first 5.

Given this, and utilizing information from Mergr (where you'll be able to simply kind/search corporations primarily based on AUM), here’s the list of the top 10 private equity companies based mostly in Los Angeles.

1. Ares Private Equity Group

AUM: $24.9B

Ares Private Equity Group is the private equity arm of Ares Management, a world different asset supervisor. Ares PE makes a speciality of opportunistic majority/shared control investments in below-capitalized center-market companies. Ares appears to be like for corporations with sturdy franchises and attractive progress opportunities. The Group prefers to be the lead investor and can make investments throughout the capital structure, including widespread equity, most popular equity, convertible equity/debt and senior debt. Areas of interest include business services, defense, healthcare, manufacturing, industrial, vitality and client services and products. Ares PE was formed in 2003.

2. Leonard Green & Partners

AUM: $24.8B

Leonard Green & Partners was formed in 1989 and typically seeks to invest in established corporations which are leaders of their respective markets. Kinds of transactions Leonard Green will consider embrace public-to-privates, recapitalizations of privately held businesses, development capital financings, equity capital to facilitate acquisitions, turnarounds/restructurings, and acquisitions of divisions/property from massive corporations. Sectors of curiosity include client and enterprise companies, client merchandise, distribution, media, and retail.

3. Kayne Anderson Capital Advisors LP

PE AUM: $8.6B (whole AUM: $26B)

Kayne Anderson Capital Advisors is another funding administration agency centered on a variety of funding methods - together with power private equity, public securities, real estate, credit score/mezzanine, and growth capital financing. Kayne’s private equity vitality group focuses on $20 to $100 million investments in high-progress exploration and manufacturing, midstream and oilfield service firms. Kayne’s private equity growth apply includes structured investments in public and private firms in search of capital to finance expansion. Kayne Capital Advisors was formed in 1984.

4. Levine Leichtman Capital Partners

AUM: $7.5B

Levine Leichtman Capital Partners (LLCP) is a personal fundamental stock investment (Read Much more) firm that targets mezzanine and other structured fairness investments in middle-market corporations. The Firm has several funds, every with totally different methods. LLCP’s larger fund targets subordinated debt, preferred fairness, and/or common fairness investments in firms with $a hundred to $750 million of income. The Firm’s smaller fund invests $5 to $15 million in emerging firms with lower than $25 million in income. LLCP also invests in financially distressed companies. LLCP was formed in 1984.

5. Platinum Equity

AUM: $7.2B

Platinum Equity is a private equity firm targeted on acquiring divestitures of bigger public corporations primarily in North America and Europe. Historically, Platinum focused expertise/software related businesses, nevertheless, the agency has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products and enterprise providers. Platinum Equity was formed in 1995 by Tom Gores.

6. Freeman Spogli & Co.

AUM: $5B

Freeman Spogli & Co. is a private equity firm targeted on buying middle-market retail, direct marketing, and distribution corporations. The Firm will consider alternatives throughout Northh America and prefers partnering with management when pursuing acquisitions. Freeman Spogli appears to invest $50 to $one hundred fifty million in transactions valued up to $750 million. Freeman Spogli & Co. was established in 1983.

7. The Gores Group

(Image: https://upload.wikimedia.org/wikipedia/commons/7/77/Houssam_Nasrawin_talking_about_Private_Equity_investments.jpg)AUM: $3.7B

HQ: Beverly Hills

The Gores Group is a private equity firm targeted on acquiring controlling interests in mature and rising companies. Gores will consider investments across North America and Europe and often targets non-core belongings of public corporations. Founder Alec Gores is the older brother of Tom Gores (Platinum Equity). The Gores Group was formed in 1987.

8. Marlin Equity Partners

AUM: $3B

HQ: Hermosa Beach

Marlin Equity Partners is a private equity firm centered on acquiring distressed companies with gross sales of $10 million to $2 billion. Marlin has a particular interest in non-core or underperforming divisions of larger corporations, as well as corporations facing some sort of financial, operational or market-associated transition. Marlin is a generalist investor and can consider opportunities in know-how (software, IT, fee methods, hardware, communications, internet), healthcare, client (apparel, retail, client merchandise, meals/beverage), providers (enterprise, monetary, client, education), manufacturing (automotive, industrial, metals, plastics), aerospace, protection, and media. Marlin Equity Partners was formed in 2005 by David McGovern (previously of The Gores Group).

9. Aurora Capital Group

AUM: $2B

HQ: Los Angeles

Aurora Capital Group is a private funding agency that manages private equity funds as well as funding vehicles centered on debt/fairness securities. The Firm’s private equity apply seeks management investments in middle-market corporations valued between $100 million and $1 billion. Target businesses are generally business leaders that function in defensible markets with sustainable margins. Sectors of curiosity include aerospace, industrial services, packaging, plastics, distribution, manufacturing, media, retail and chemicals. Aurora will solely consider majority/management positions. Aurora Capital Group was formed in 1991.

10. Lovell Minnick Partners

AUM: $1.7B

HQ: El Segundo

Lovell Minnick Partners is a specialist private equity firm that targets investments in North American monetary companies corporations. Specific areas of curiosity include asset administration, financial planning, monetary product distribution, brokerage, specialty finance, insurance, and related administration and enterprise services companies. The Firm appears to be like to commit $20 to $100 million of fairness capital per investment. Prospective transaction conditions embrace divestitures, management buyouts, development capital financings, and recapitalizations. Lovell Minnick was formed in 1999.