Nice one! Drinks all round! 'Are you celebrating, boss?' Er ... not really, Voice. It's just something you say in these situations, isn't it? 'Is it?' Well ... it might be. I don't know, man. I'm trying not to be all negative, like. I'm trying to be positive. 'Oh, okay.' Yeah. I mean, I'm feeling good after my hypnosis this morning. I've found a way to stay awake during the whole process. 'Tell us!' Okay. Well, you know I sit cross-legged on the floor, like some sort of yoga nut? 'Yeah.' Okay. Listen! When you start to feel sleepy, you've got to move the top half of your body around like, uh ... Bez from Happy Mondays. 'Doesn't that take you out of the trance you're in?' No. No, it doesn't, Voice. It's proper shamanic stuff. I mean, Bez is a shaman himself, man. He even lived in a cave for a while. 'Just for a few weeks, wasn't it?' Yeah, just for a few weeks. He's not mental.
Anyway ...
LOS ANGELES, October 13, 2020 - Levine Leichtman Capital Partners ("LLCP") today announced the final closing of Levine Leichtman Capital Partners Europe II SCSp ("Europe II") with €463 million of capital commitments.
So ... 'This PR email is six days old, boss.' Ha! Tell me about it! 'I just did.' Whatever.
Europe II received strong support from a prestigious group of institutional investors, including pension funds, insurance companies, banks, family offices and foundations. Europe II has already completed one investment and has two additional investments under contract.
LLCP has been investing in Europe since the opening of its London office in 2011, expanding its presence with the addition of offices in The Hague in 2015 and Stockholm in 2019. LLCP's first Europe-focused fund, Levine Leichtman Capital Partners Europe, L.P., closed in 2015 with €100 million of capital commitments and has made four investments.
Sounds all right, don't it? 'You asking me?' No. The readers. They love all this sort of thing, as you know. 'What's wrong with them?' Ha! Leave them alone.
Let's hear from Mickey ... 'I bet he's excited.' Well, let's find out ...
"We are excited to close our second Europe fund with commitments from returning and new limited partners," says Michael Weinberg, a Managing Partner of LLCP. "The very positive response to the fund is a testament to the success of our first Europe Fund and the differentiated investment strategy we implement on a global basis. It also reflects the strength of our European team, which is supported by the broad resources and expertise of our entire firm."
He's excited. They're all excited. 'What about Johnny, boss?' What about him? 'How is he feeling?' Enthusiastic, knowing him.
John O'Neill, Head of European Fund Investments at LLCP says, "Our firm is very enthusiastic about the investment environment across Europe. Over the past several years we have established offices in key European markets and recruited outstanding investment professionals, positioning our firm to capitalize on a range of attractive opportunities."
I told you! The whole firm is enthusiastic. 'What about our Wouter?' Christ! I don't know! Okay, okay. Let's find out ...
Wouter Snoeijers, a Managing Director of LLCP, adds, "In the coming years we expect to continue building our European origination and investment operations, reflecting our commitment to supporting industry leading middle-market companies in this important market."
Oh. Er ... 'We don't know how he's feeling!' Obviously, our Wouter is someone who likes to keep his feelings to himself. We shouldn't judge him.
ENDS
...
Anything else, kook(s)?
Music? This is a finance blog.
All right. Guitar playing. My estimate for the last six years and eight months is that I have played an average of ... one hour and forty minutes every day.
That's not bad, man. I mean, over such a long time period, you dig?
Oh, I bought Prince's Sign O' The Times concert film for my phone. It was £10 the other week, but only £1.99 on Saturday.
Later(s), crocodile(s)!
