DJIA52065.38 -315.28
S&P 5007603.30 -33.06
NASDAQ26116.64 -136.70
Russell 20002898.93 -22.30
German DAX25401.23 -175.22
FTSE 10010609.99 -60.07
CAC 408116.76 -39.91
EuroStoxx 506269.65 -42.10
Nikkei 22565270.95 128.17
Hang Seng24954.47 -320.49
Shanghai Comp3934.40 -17.11
KOSPI7033.92 -17.72
Bloomberg Comm IDX146.29 1.15
WTI Crude-fut102.15 4.30
Brent Crude-fut101.52 4.44
Natural Gas2.80 0.00
Gasoline-fut3.36 0.14
Gold-fut4409.00 -37.00
Silver-fut64.86 -3.06
Platinum-fut1809.70 -94.70
Palladium-fut1303.50 -66.50
Copper-fut6.54 -0.32
Aluminum-spot3195.00 0.00
Coffee-fut290.75 -0.40
Soybeans-fut1327.75 19.00
Wheat-fut734.25 5.50
Bitcoin76898.84 -1098.68
Ethereum USD2438.45 -14.51
Litecoin51.96 -0.94
Dogecoin0.08 -0.01
EUR/USD1.1624 0.0003
USD/JPY153.52 -0.56
GBP/USD1.3535 -0.0001
USD/CHF0.8106 0.0009
USD IDX98.91 0.16
US 10-Yr TR4.926 0.086
GER 10-Yr TR3.506 0.0097
UK 10-Yr TR5.3854 0.0076
JAP 10-Yr TR2.91 0
Fed Funds3.75 0
SOFR3.64 0
Connect News Money news for every market and every facet, every day.
Connect Money Events Live and virtual events bringing together the best of information and networking.
Financial Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Awards View the A-list of money & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for clear, concise news of maximum importance to the financial services industry.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Topics

Alternative Assets  + Private Equity  |  January 11, 2023
Middle-Market PE Firm Dextra Partners Forms with $2.5B from Strategic Partners
Joe Palmisano
By: Joe Palmisano

Middle-Market PE Firm Dextra Partners Forms with $2.5B from Strategic Partners

Dextra Partners, a new independent, multi-strategy investment firm focused on middle market private equity opportunities, has launched with $2.5bn from a select group of strategic partners.

The New York-based firm’s six founding partners, who are former executives at private equity firm GoldPoint Partners, own a controlling interest in the investment house.

The team has well over a century of combined investment experience across primary fund commitments, secondaries, private debt, structured capital, equity-co-investment, and general partner seeding and staking.

Dextra’s founding partners are Quint Barker, Thomas Haubenstricker, Scott Iorio, Michael Kho, Binayak Mishra and Vijay Palkar. Barker was GoldPoint’s chief investment officer, while Haubenstricker was chief executive and Palkar was head of its investment team.

Gibson Dunn & Crutcher LLP served as legal advisor to Dextra. Atlantic-Pacific Capital and Campbell Lutyens & Co Inc served as financial advisors.

Connect

Inside The Story

Dextra Partners

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
Order Reprints