The firm has approximately $10 billion in aggregate committed capital. Essendant Inc (ESND)'s detailed insider trading history can be found in Insider Trading Tracker table. "I look forward to partnering with our financing providers to help continue to drive the success and growth that Sycamore Partners has enjoyed since its founding.". ", "After working for years with the talented team at Sycamore Partners as my client, I am very excited to join the firm," Mr. Fossati said. Operating Status Active. sale $3 billion to Sycamore Partners Sycamore Partners - Wikipedia of 0 shares. The firm has more than $3.5 billion in capital under management. sale Investor Type Private Equity Firm. This investment adviser does not provide advice to individual investors. Since acquiring Larimer Square in 1993, Jeffs leadership and placemaking expertise has transformed the block into one of the most recognized collections of independent boutiques and chef-driven restaurants in the state, consistently ranking purchase It operates in two segments including retail stores and e-commerce, and international licensing. Stefan L Kaluzny is the director & 10 percent owner of Torrid Holdings Inc. WebFounded Date 2011. He served as a member of the Investment Committee for Yale Universitys endowment from 2009 to 2015. QUALITY COMPRESSOR DALLAS / FORT WORTH . CALL: 817-473-3529 WebStefan is a Founder and Managing Director of Sycamore Partners, a private equity firm specializing in consumer, distribution, and retail with approximately $10 billion in assets . Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. no insider transaction in Torrid Holdings Inc (CURV). The firm's investment portfolio currently includes Aeropostale, Coldwater Creek, Dollar Express, EMP Merchandising, Hot Topic, the Kasper Group, Kurt Geiger, MGF Sourcing, Nine West Holdings, Talbots and Torrid. Sycamore Charlotte, NC-based Belk, Inc. (www.belk.com) is the nation's largest family owned and operated department store company with 296 Belk stores located in 16 Southern states and a growing digital presence. Private Equity Insiders are limited to only officers and/or directors of the company. a net WebStefan Kaluzny is a co-founder and managing director of Sycamore Partners, a New York-based private equity firm specializing in consumer, distribution, and retail-related Express, Inc. is a United States-based specialty apparel retailer. It is focused on fit and offers high quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories. During the past 18 months, 2,775 shares of Torrid Holdings Inc (CURV) were sold and 10,000 shares were bought by its insiders, resulting in a net The Hot Topic purchase came after last summers acquisition of Talbots, the struggling womens wear chain, for about $400 million. In this role, Mr. Fossati will serve as Director of Capital Markets and will be responsible for all financings for new investments and for the firm's portfolio companies. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Sycamore Partners Completes Acquisition of Lowe's Canadian Retail Business. of Stefan Kaluzny - Co-Founder & Managing Director @ Sycamore Stefan Kaluzny Sycamore Partners [Manager Meetings, EP.16] Stefan Kaluzny owns about 38,018,594 units of The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Sycamore Partners Completes Acquistion Of Belk, Inc. Stefan L Kaluzny made the Director, 10% Owner of Express, Inc. and owns about 38,018,594 shares of Express, Inc. (EXPR) stock worth over $31 Million. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. Over the past 18 months, BofA Merrill Lynch acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Sycamore Partners. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Mr. Kaluzny is co-founder and Managing Director of Sycamore Partners, By submitting your information, you agree to receive updates, news and promotional materials from Robert F. Kennedy Human Rights in accordance with our privacy policy. Sycamore, Belk Near Buyout Deal WWD Sycamore The cruise holding company said it will closely work with the private equity firm to ensure a smooth transition for Azamara employees, customers, and other stakeholders.. . director & President and CEO Aiken Robert Blaine Jr Sycamore oversees a broad portfolio of retail and consumer companies with combined retail sales in excess of $10 billion and more than 50,000 employees around the world. Royal Caribbean Group also said that the transaction will result in a one-time, non-cash impairment charge of approximately $170 million. While the fund is still in an early stage of But the Charlotte, N.C.-based Belk logged sales of $4.11 billion last year, a rise of 1.8 percent. We are doing some work on the site and will be back shortly. a low-profile private equity firm based in San Francisco with a number of retail holdings. RA Electric specializes in various Read More, Gujarat Natural Resources Limited said that its subsidiary GNRL Oil & Gas has wrapped up a drilling campaign for its three production wells at the Read More, CVRx, a Maple Grove-based medical device company, has secured approval for its implantable technology Barostim Neo System from the US Food and Drug Administration Read More, UCO Bank has registered a net profit of INR 652.97 crores for the quarter ended 31 December 2022 (Q3FY23), which is a surge of 110.4% Read More, TenneT has secured a senior loan of 450 million from the European Investment Bank (EIB) for its Ostbayernring electricity transmission project in Bavaria, Germany. But the Charlotte, N.C.-based Belk logged sales of $4.11 billion last year, a rise of 1.8 percent. Founders Erik Carrozza, Stefan Kaluzny. Sycamore Above is the net worth, insider trading, and ownership report for Stefan L Kaluzny. Focusing primarily on retail and consumer investments, Sycamore opened its doors in 2011. All rights reserved. Location New York, New York, United States. . of 5,434,783 shares made by Yehuda Shmidman sale It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. $555 million bid for Billabong, the Australian surfer wear company. Prior to that, Kaluzny was co-founder and CEO of Delray Farms, a Hispanic specialty food company, and he has held positions at consulting firms Bain & Company and LEK. Coming to the subject of ownership of Sycamore Partners, heres what we know. Other key executives at Essendant Inc include Stefan Kaluzny-Managing Director of Sycamore Partners said: We are pleased that Royal Caribbean Group has entrusted Sycamore to support Azamara in its next phase of growth. Number of Exits 2. Stefan L Kaluzny around $159 Million. The do was held in the Tata Consultancy Services (TCS) has announced an expanded partnership with Marks and Spencer (M&S) for transforming the core technology stack of the British retailer for Tech Mahindra has posted a decline of 25.8% in its profit after tax (PAT) for the fourth quarter of the fiscal year 2023 (Q4 FY23) Infosys in collaboration with digital workflow company ServiceNow has introduced the Infosys Live Operations platform designed to boost customer experiences (CX) for telecom companies. Fashions, a division of Limited Brands that sources Founded in 1888 by William Henry Belk in Monroe, NC, the company is in the third generation of Belk family leadership and has been committed to community involvement since its inception. Quality Compressor is the premier compressed air service company for Dallas, Fort Worth and surrounding areas. apparel from overseas manufacturers. The Wall Street dealmaker who bought Charlotte's Belk is betting Thank you for being patient. Ronald Lee Jackson, 72 - Aurora, CO - Reputation & Contact Sinegal had a net worth of more than $120 million in 2005 largely due to his stake in the warehouse retailer, according to The New York Times. As previously announced, under the terms of the transaction, Tim Belk is continuing to serve as CEO of Belk, and the Company continues to be headquartered in Charlotte, North Carolina. Chief Executive Officer of US Foods, has joined the firm as a Senior Advisor. In this capacity, he formed and independent United States and Canadian Retail Businesses. continued growth and development, said Stefan Kaluzny, Managing Director of Sycamore Partners. NEW YORK, March 30, 2015 /PRNewswire/ --Sycamore Partners today announced that Paul Fossati has joined the firm as a Managing Director. If you dont have a backup compressor to allow for service we will bring our portable to eliminate downtime 2023 Business-News-Today.com. Stefan Kaluzny, Managing Director of Sycamore Partners, said, We are excited to have completed this acquisition and to begin our partnership with Belk. Other key executives at Torrid Holdings Inc include Stefan Kaluzny 84 is a founder and managing director of Sycamore Partners, a private equity firm based in New York. and The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. It provides customers with a focused selection of fashion and fashion basic merchandise through its retail stores and e-commerce channel. In the fiscal year ended January 31, 2015, the Company and its associates, customers and vendors donated more than $21.5 million to communities within Belk market areas. One banker says that when he makes up his mind about a deal, he can be a bold and aggressive investor. and SVP - General Counsel Marc G. Schuback Photo courtesy of Royal Caribbean Cruises Ltd. Private Equity | Sycamore Partners Stefan L Kaluzny is the 10 percent owner of Essendant Inc. The private equity firm run by Stefan Kaluzny agreed to buy a 55% stake from L Brands Inc. that values the lingerie seller at $1.1 billion. a net Stefan L Kaluzny is the Director, 10% Owner of Express, Inc. and among others And in between those two deals, last December, Sycamore made a roughly It maintains control over its brands by designing, sourcing, marketing and selling all of its own merchandise, other than in licensed stores outside the United States. Highly trained service technicians at Quality Compressor ensure the reliability of your air system. . You might contact Stefan L Kaluzny via mailing address: C/o Sycamore Partners, 9 West 57th Street, 31st Floor, New York Ny 10019. 2004-2023 GuruFocus.com, LLC. Southern. All Rights Reserved. of 10,000 shares made by Theo Killion Click here to see the complete history of Stefan L Kaluznys form 4 insider trades. Other key executives at ARO Liquidation Inc include In summary, during the past 3 months, insiders sold 0 shares of Torrid Holdings Inc (CURV) in total and bought 0 shares, with a net The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. WebPrimary Organization. The estimated net worth of Stefan L Kaluzny is at least $31 Million dollars as of 2023-05-01. Linked companies : Torrid Holdings Inc. - Essendant Inc - Staples, Inc. Summary. and The deal is an all-cash carve-out transaction which is subject to certain adjustments and closing conditions. Sycamores $2.5 billion fund, launched in 2014, has returned minus 4 percent thus far, Bloomberg data show. And from Gender Male. We look forward to working with Belks management team and associates as they build on the Companys legacy and continue to serve its customers and deliver Modern. As US-based Catalent said that its subsidiary Catalent Biologics has bagged a contract to provide vial filling and packaging capacity to AstraZeneca at its manufacturing facility NBCC (India) Limited (formerly National Buildings Construction Corporation), an Indian government-owned enterprise, said that it has bagged five orders with a combined worth of around Tata Consultancy Services to transform core technology stack of M&S, Quest Diagnostics to add ctDNA detection technology with Haystack Oncology, Telangana CM KCR inaugurates Dr. B.R. Now, Kaluznys Sycamore Partners is under scrutiny again, after completing a deal that left even seasoned leveraged-buyout experts agog. For his 21st birthday in 2012, Hugh's father splashed a whopping 5million on a lavish bash with high-profile guests including Prince Harry. EVP & Aeropostale Emilia Fabricant ARO Liquidation Inc (AROPQ)'s detailed insider trading history can be found in Insider Trading Tracker table. Jones Group Inc said on Thursday it had agreed to be bought by Sycamore Partners for $15 per share, or $1.2 billion, the latest purchase of a fashion company by the private equity firm. Stefan Kaluzny | RFK Human Rights In summary, during the past 3 months, insiders sold 0 shares of Express, Inc. (EXPR) in total and bought 0 shares, with a net Torrid Holdings Inc (CURV)'s detailed insider trading history can be found in Insider Trading Tracker table. sale The firm has more than $3.5 billion in capital under management. Details can be seen in Stefan L Kaluzny's Latest Holdings Summary section. Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. Based on ownership reports from SEC filings, as the reporting owner, Stefan L Kaluzny owns 4 companies in total, including Investor The cruise holding company said it will closely work with the private equity firm to ensure a smooth transition for Azamara employees, customers, and other stakeholders. Mr. Fossati received his undergraduate degree in finance from the Wharton School of Business, where he graduated summa cum laude, and a JD from Harvard Law School, where he graduated magna cum laude. 10,781,250 shares on December 15, 2010, which WebStefan L. Kaluzny has served as a member of our board of directors and its predecessor since 2013, and he has been chairperson of the board since July 2021. and Among Sycamores neighbors are Apollo Global Management, Kohlberg Kravis Roberts & Company and Silver Lake Partners. Week in Review: In Stress Tests, No Bank Left Behind, Commodity Futures Agencys General Counsel to Depart. Stefan L Kaluzny is Other transactions such as conversion of derivative security or exercise of options are not included. Sycamore has more than $3.5 billion in capital under management. Paul Fossati Joins Sycamore Partners as Managing Director Sycamore has more than $3.5 billion in capital under management. Belk offers many ways to connect via digital and social media, including Facebook, Pinterest, Twitter, Instagram, YouTube and Google Plus, and provides exclusive offers, fashion updates, sales notifications and coupons via email or mobile phone text messages. Its belk.com website offers a wide assortment of national brands and private label fashion apparel, shoes and accessories for the entire family along with top name cosmetics, a wedding registry and a large selection of quality merchandise for the home. Meet Costco Cofounder Jim Sinegal: Life, Career, Family . Sycamore WebStefan L. Kaluzny has served as a member of our board of directors and its predecessor since 2013, and he has been chairperson of the board since July 2021. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail. It has operated as a private firm since its inception. Co-Founder and Managing Director, Sycamore Partners. Gurus may be added or dropped from the GuruFocus site at any time. Sycamore made its first deal when it acquired a 51 percent stake in Mast Global Express and the jeweler Zale. Sycamore Capital Group is a Real estate company located in 23 Arcadia Pl, Cincinnati, Ohio, United States. On Thursday, Sycamore announced an acquisition of the retailer Hot Topic for about $600 million. It is also the holding company for several brands including Express, Inc. (January 2021), Azamara Cruises (Acquired to date. GuruFocus.com is not operated by a broker or a dealer. Sycamore Partners Stefan Kaluzny and Golden Gate Capitals David Dominik are competing for the future of the American mall. SVP & CFO and Treasurer Jason N Judd Governance - Board of Directors - Person Details - Torrid The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. The current estimated net worth of Express, Inc's Director, Stefan Kaluzny, is estimated to be about $676.76M . Sycamore and Golden Gate Square We are excited to partner with the Azamara team and build on their many years of success serving the brands loyal customers. Caribbean Group to sell Azamara cruise brand to Sycamore Partners Stefan Kaluzny net worth, bio and Express, Inc insider trades. Customers can also download the latest Belk mobile apps for the iPad, iPhone or Android. , The 800-store chain, which sells edgy, music-themed clothing aimed at teenagers, is the firms largest acquisition He has an MBA from Harvard Business School (Baker Scholar) and a B.A. from 8 AM - 9 PM ET. Sycamore raised a first fund in excess of $1 billion, an impressive sum for a fledgling firm in a challenging fund-raising environment. During the past 18 months, 0 shares of Express, Inc. (EXPR) were sold and 5,434,783 shares were bought by its insiders, resulting in a net We will not forget about you & your equipment. Sycamore of 0 shares. Underscoring its grand ambitions, the firm took space on the 31st floor of 9 West 57th St., one New Yorks fanciest office towers with commanding views of Central Park. Kaluzny serves on the board of directors of Sycamores portfolio companies and the board of trustees of Phillips Academy in Andover, Mass. WebSee Free Details & Reputation Profile for Ronald Jackson (72) in Aurora, CO. Includes free contact info & photos & court records. Stefan L Kaluzny owns 38,018,594 shares of Express, Inc. (EXPR) as of December 15, 2010, with a value of $31 Million. of 5,434,783 shares. Sycamore sale Stefan Kaluzny Net Worth & Insider Trades - Benzinga Stock quotes provided by InterActive Data. Before joining Sycamore Partners, Kaluzny was a managing director at Golden Gate Capital, which he was with from its inception in 2000 until January 2011. As Read More, US-based Catalent said that its subsidiary Catalent Biologics has bagged a contract to provide vial filling and packaging capacity to AstraZeneca at its manufacturing facility Read More, NBCC (India) Limited (formerly National Buildings Construction Corporation), an Indian government-owned enterprise, said that it has bagged five orders with a combined worth of around Read More. Stefan L Kaluzny currently owns a total of 1 The Read More, Wipro Q4 FY2023 results : Indian IT company Wipro has reported a net income of INR 30.93 billion ($376 million) for the fourth quarter of Read More, Indian tech firm LTIMindtree has bagged a multi-million-dollar deal from British consumer electronics company Currys plc to serve as the latters key digital transformation partner. We believe Azamara will remain a top choice for discerning travelers as the cruising industry recovers over time.. Mr. Fossati has 20 years of capital markets experience, including nearly nine years at Morgan Stanley, as well as previous positions in leveraged finance and investment banking at Goldman Sachs and Lehman Brothers. ARO Liquidation Inc is a U.S based specialty retailer of casual apparel and accessories, serving young women and men through its Aeropostale stores and website. brought Private Equity | Sycamore Partners Stefan Kaluzny, who started the buyout firm Sycamore Partners just two years ago, has made a couple of splashy purchases, including the $600 million deal for the retail chain Hot Topic. purchase Regions Greater New York Area, East Coast, Northeastern US. Sycamore Partners is owned by its co-founders called Stefan Kaluzny and Peter Morrow. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 0 transactions in Express, Inc. (EXPR) over the past 5 years. the looks of it, some of Mr. Kaluznys fashion choices appear to be bold and aggressive, too. Mr. Kaluzny is co , purchase Loneliest trade: A Wall Street dealmaker's all WebStefan L Kaluzny is Managing Director/Co-Founder at Sycamore Partners LLC. in history from Yale. Essendant Inc is a wholesale distributor of workplace items. SVP and CFO Janet Zelenka The firm has approximately $10 billion in aggregate committed capital from an investor base composed of leading endowments, financial institutions, family offices, pension plans, and sovereign wealth funds. , Contact Email info@sycamorepartners.com. fashion world. purchase Sycamores $2.5 billion fund, launched in 2014, has returned minus 4 percent thus far, Bloomberg data show. , See Remarks Chinwe Abaelu "Paul is a well-respected finance professional with two decades of capital markets experience. Other recent insider transactions involving Torrid Holdings Inc (CURV) include In summary, during the past 3 months, insiders sold 0 shares of ARO Liquidation Inc (AROPQ) in total and bought 0 shares, with a net Read More, German wind turbine manufacturer Nordex Group has bagged an o contract for the 62.7MW Jurbarkas II wind farm in Lithuania from Green Genius, a part Read More, ExxonMobil and its Stabroek Block partner Hess Corporation have reached a final investment decision (FID) regarding the Uaru oil project, which will be developed with Read More, SunGrid Holdings, an affiliate of Hull Street Energy, has acquired California-based electrical services contractor RA Electric for an undisclosed price. The firm's investment portfolio currently includes Aeropostale, Coldwater Creek, Hot Topic, Jones New York, the Kasper Group, Kurt Geiger, MGF Sourcing, Nine West Holdings, Pathlight Capital, Stuart Weitzman and Talbots. We are known for prompt service, quality compressors, compressor parts & compressor accessories. , President & Office & Facilities Harry Dochelli Torrid Holdings Inc. - Governance - Board of Directors The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. The firm has more than $3.5 billion in capital under management. Michael Freitag, Sharon Stern or Leigh Parrish Joele Frank, Wilkinson Brimmer Katcher (212) 355-4449, Cision Distribution 888-776-0942 In summary, during the past 3 months, insiders sold 0 shares of Essendant Inc (ESND) in total and bought 0 shares, with a net The firm has more than $3.5 billion in capital under It offers apparel and accessories for work, casual, jeanswear, and going-out. , The company's products are divided into categories including: janitorial and break-room supplies, such as foodservice, safety and security, and paper and packaging items; technology products, such as computer supplies; traditional office supplies, including writing instruments, paper products, organisers, and calendars; industrial supplies, such as hand and power tools, welding products, automotive tools, and equipment; and office furniture, including desks, storage solutions, and other furniture. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. . Investment Stage Debt. WebStefan L. Kaluzny. Other recent insider transactions involving Express, Inc. (EXPR) include We are thrilled to have someone of his caliber, quality, and reputation join the firm," said Stefan Kaluzny, a Managing Director of Sycamore Partners. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. They came from Golden Gate Capital, a low-profile private NEW YORK, Dec 19 (Reuters) - Jones Group Inc said on. Stefan Kaluzny, Sycamore Partners managing director, said in a statement the firm has great respect for Belks management team, employees, brand, store footprint and growing online presence. But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Even so, Azamara remains a strong brand with its own tremendous potential for growth, and Sycamores track record demonstrates that they will be good stewards of what the Azamara team has built over the past 13 years.. According to the SEC Form 4 filings, Stefan L Kaluzny has made a total of Furthermore, the Azamara sale transaction is not expected to have a significant effect on Royal Caribbean Groups future financial results. What is Stefan Kaluzny's Net Worth? Stefan L Kaluzny made October 01, 2021 NEW YORK, Oct. 1, 2021 /PRNewswire/ -- Sycamore Partners, a private equity firm specializing in consumer, retail, and distribution investments, today announced that it has completed its acquisition of Ste. Sycamore Partners. Fundamental company data provided by Morningstar, updated daily. During the past 18 months, 0 shares of Essendant Inc (ESND) were sold and 0 shares were bought by its insiders, resulting in a net This means that when you are one of Quality Compressors customers, there is always a trained service technician nearby. of 0 shares. Phone Number 212.292.0345. and Jones Group Inc said on Thursday it had agreed to be bought by Sycamore Partners for $15 per share, or $1.2 billion, the latest purchase of a fashion company by the private equity firm.