On January 4, 2011, Boston-based private equity firm TA Associates announced that it has completed an investment in fund-of-funds manager Evanston Capital Management, LLC.
On January 4, 2011, TA Associates, a Boston-based middle market private equity firm, announced that certain of its private equity and subordinated debt funds have completed an investment in Evanston Capital Management, LLC. Evanston is a an Illinois-based institutional fund-of-funds manager and SEC-registered investment advisor with approximately $4.2 billion in assets under management. As part of the transaction, TA will become a minority partner in Evanston. Terms of the deal were not disclosed.
To read the press release, please click here.