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Based on ownership reports from SEC filings, as the reporting owner, Stefan L Kaluzny owns 4 companies in total, including SVP & CFO and Treasurer Jason N Judd (Getty Images) Sycamore has pulled off a $5.4 billion refinancing of Staples, which it bought in 2017, that funded a staggering $1 billion dividend to the private equity firm Sycamore has now recoveredin less than two yearsroughly 80% of the equity it originally put up as part of the deal We believe Azamara will remain a top choice for discerning travelers as the cruising industry recovers over time.. Stefan Kaluzny has made a ton of money -- and drawn his share of critics -- buying down-on-the-heels retailers using lots of debt. Click here to see the complete history of Stefan L Kaluznys form 4 insider trades. Lavish life of billionaire Duke of Westminster, 32, as UKs richest of 0 shares. See Remarks Chinwe Abaelu 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. sale Over the past 18 months, We will show up when scheduled service is due or we will call to schedule with you, its your choice. The do was held in the a net Loneliest trade: A Wall Street dealmaker's all Co-Founder and Managing Director, Sycamore Partners. Lawyers and bankers say they are not surprised that Mr. Kaluzny is already making a mark. The Hot Topic purchase came after last summers acquisition of Talbots, the struggling womens wear chain, for about $400 million. 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.. Stefan L Kaluzny owns 38,018,594 shares of Express, Inc. (EXPR) as of December 15, 2010, with a value of $31 Million. and 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. Sycamores $2.5 billion fund, launched in 2014, has returned minus 4 percent thus far, Bloomberg data show. 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. Sycamore Jeff Hermanson Sycamore Partners. Other key executives at Express, Inc. include Stefan L Kaluzny is the director & 10 percent owner of Torrid Holdings Inc. Stefan Kaluzny net worth, bio and Express, Inc insider trades. 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. 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. Thank you for being patient. WebPrimary Organization. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail. 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. ARO Liquidation Inc (AROPQ)'s detailed insider trading history can be found in Insider Trading Tracker table. Insiders are limited to only officers and/or directors of the company. Stefan L Kaluzny currently owns a total of 1 Essendant Inc (ESND) 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. Express, Inc. is a United States-based specialty apparel retailer. Sycamore All Rights Reserved. of 0 shares. 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. Essendant Inc (ESND)'s detailed insider trading history can be found in Insider Trading Tracker table. Goldman, Sachs & Co. acted as financial advisor and King & Spalding LLP acted as legal advisor to Belk. The firm has approximately $10 billion in aggregate committed capital. Sycamore Partners was founded in 2011 by Stefan Kaluzny and Peter Morrow. Before Sycamore, Kaluzny was a Managing Partner at Golden Gate Capital and was employed since the firm's inception. "Paul is a well-respected finance professional with two decades of capital markets experience. investments. 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. 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. , Founder of Sycamore Partners LLC and Delray Farms LLC, , Stefan L Kaluzny Net Worth (2023) - GuruFocus.com 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. Caribbean Group to sell Azamara cruise brand to Sycamore Partners Meet Costco Cofounder Jim Sinegal: Life, Career, Family Only the transactions in Open Market or Private Sale at the market prices are included. gilded village housing many of the worlds largest private equity funds. $3 billion to Sycamore Partners Sycamore We are pleased to have completed this acquisition and are ready to deliver on the Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The transaction is valued at approximately $391 million, including net debt. Please install any of the modern browsers, for example. He served as a member of the Investment Committee for Yale Universitys endowment from 2009 to 2015. 2023 Business-News-Today.com. Focusing primarily on retail and consumer investments, Sycamore opened its doors in 2011. See Stefan L Kaluzny's compensation, career history, education, & memberships. 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. Highly trained service technicians at Quality Compressor ensure the reliability of your air system. But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. The current estimated net worth of Torrid Holdings Inc's Director, Stefan Kaluzny, is estimated to be about $662.34M . For his 21st birthday in 2012, Hugh's father splashed a whopping 5million on a lavish bash with high-profile guests including Prince Harry. Sycamore Partners will purchase the entire Azamara brand comprising its three-ship fleet and associated intellectual property. Regions Greater New York Area, East Coast, Northeastern US. 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. See Remarks Bridgett C. Zeterberg But the Charlotte, N.C.-based Belk logged sales of $4.11 billion last year, a rise of 1.8 percent. Stefan L Kaluzny made Stefan L Kaluzny is the other: Former Director and 10% Owner of ARO Liquidation Inc. "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.". and The information on this site is in no way guaranteed for completeness, accuracy or in any other way. EVP & Aeropostale Emilia Fabricant CALL: 817-473-3529 Stock quotes provided by InterActive Data. 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. sale to date. Sycamore from 8 AM - 9 PM ET. Stefan Kaluzny 84 is a founder and managing director of Sycamore Partners, a private equity firm based in New York. of 0 shares. Read More, True Green Capital Management (TGC) has agreed to acquire a majority stake in CleanChoice, a US-based direct-to-consumer (D2C) clean energy provider, for an undisclosed sum. new trustees appointed to Phillips Academy Board GuruFocus.com is not operated by a broker or a dealer. A private equity deal maker is turning heads in the Sycamore made its first deal when it acquired a 51 percent stake in Mast Global Stefan Kaluzny | RFK Human Rights Stefan Kaluzny-Managing Director of , During the past 18 months, 0 shares of ARO Liquidation Inc (AROPQ) were sold and 0 shares were bought by its insiders, resulting in a net sale of 7,225 shares. Express and the jeweler Zale. 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 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 SunGrid Holdings, an affiliate of Hull Street Energy, has acquired California-based electrical services contractor RA Electric for an undisclosed price. Other transactions such as conversion of derivative security or exercise of options are not included. , The company has one reportable segment, which includes the operation of e-Commerce platform and stores. Furthermore, the Azamara sale transaction is not expected to have a significant effect on Royal Caribbean Groups future financial results. Torrid Holdings Inc is a direct-to-consumer brand of apparel, intimates and accessories in North America targeting the 25- to 40-year old woman. Sycamore Partners' Stefan Kaluzny has made a ton of moneyand drawn his share of criticsbuying down-on-the-heels retailers using lots of debt. (Getty Images) Sycamore has pulled off a $5.4 billion refinancing of Staples, which it bought in 2017, that funded a staggering $1 billion dividend to the private equity firm Private Equity | Sycamore Partners Now, Kaluznys Sycamore Partners is under scrutiny again, after completing a deal that left even seasoned leveraged-buyout experts agog. Private Equity 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 0 transactions in Express, Inc. (EXPR) over the past 5 years. Sycamore Capital Group is a Real estate company located in 23 Arcadia Pl, Cincinnati, Ohio, United States. of 5,434,783 shares. The firm has more than $3.5 billion in capital under management. Sycamore Partners under scrutiny after pocketing $1 billion from On Thursday, Sycamore announced an acquisition of the retailer Hot Topic for about $600 million. sale NEW YORK, Dec 19 (Reuters) - Jones Group Inc said on. We are doing some work on the site and will be back shortly. Sycamore Partners - Wikipedia 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. Style., Tim Belk, chief executive officer of Belk, Inc., said, We are very pleased to complete this transaction with Sycamore Partners, which delivers meaningful value to all our stakeholders. According to the SEC Form 4 filings, Stefan L Kaluzny has made a total of , , a net 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. sale Essendant's customers include dealers, mail-order companies, sanitary supply distributors, store chains, and others. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Over the past 18 months, 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. no insider transaction in Express, Inc. (EXPR). But the Charlotte, N.C.-based Belk logged sales of $4.11 billion last year, a rise of 1.8 percent. While at Golden Gate, Mr. Kaluzny played a leading role in a number of retail deals, including those for the clothing chain Unfortunately, the browser you are using is outdated and does not display the site correctly. . Stefan L Kaluzny is the director & 10 percent owner of Express, Inc.. The firm has more than $3.5 billion in capital under management. Following the transaction, Azamara Chief Operating Officer Carol Cabezas will be appointed President of the brand. . and WebJeff Hermanson is an award-winning placemaker, entrepreneur, and owner of Denvers iconic Larimer Square. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. Mr. Kaluzny is co Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Stefan Kaluzny - Co-Founder & Managing Director @ Sycamore Linked companies : Torrid Holdings Inc. - Essendant Inc - Staples, Inc. Summary. 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. What is Stefan Kaluzny's Net Worth? Enjoy a 7-Day Free Trial Thru May 08, 2023! Contact Email info@sycamorepartners.com. In summary, during the past 3 months, insiders sold 0 shares of Express, Inc. (EXPR) in total and bought 0 shares, with a net Sycamore and Golden Gate Square 10 percent owner Dana Messina Express, Inc. (EXPR) He has an MBA from Harvard Business School (Baker Scholar) and a B.A. Stefan L Kaluzny made purchase RA Electric specializes in various Gujarat Natural Resources Limited said that its subsidiary GNRL Oil & Gas has wrapped up a drilling campaign for its three production wells at the 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 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% TenneT has secured a senior loan of 450 million from the European Investment Bank (EIB) for its Ostbayernring electricity transmission project in Bavaria, Germany. WebStefan L Kaluzny is Managing Director/Co-Founder at Sycamore Partners LLC. 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. The Wall Street dealmaker who bought Charlotte's Belk is betting Sycamore Partners today announced that it has completed its acquisition of Belk, Inc. (Belk or the Company). 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. Investor Type Private Equity Firm. Sycamore, Belk Near Buyout Deal WWD The transaction is expected to close in the first quarter of 2021. Gurus may be added or dropped from the GuruFocus site at any time. About Sycamore Partners Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. 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. Other recent insider transactions involving Express, Inc. (EXPR) include WebFounded Date 2011. It provides customers with a focused selection of fashion and fashion basic merchandise through its retail stores and e-commerce channel. We are thrilled to have someone of his caliber, quality, and reputation join the firm," said Stefan Kaluzny, a Managing Director of Sycamore Partners. And from Ambedkar Telangana State Secretariat, EarlyTect BCD test : Promis Diagnostics gets FDA breakthrough designation, Teva Pharmaceuticals, MedinCell get UZEDY FDA approval for schizophrenia, Gajendra Singh Shekhawat hit with FIR for calling Gehlot as Ravana, Gas leakage kills 11 at Ludhiana factory in Punjab, Platina Scandium Project : Rio Tinto to acquire scandium resource in NSW from Platina Resources, SEBI approves Reliance Industries acquisition of Big Bazaar and other businesses of Future Group, ONGC distributes solar chulhas in Betul district, Madhya Pradesh, BP to acquire American RNG producer Archaea Energy for $3.3bn, Tech Mahindra Q4 FY23 profit after tax drops by 26% to 1,118cr, Infosys Live Operations platform launched to boost CX for telecoms, Pernod Ricard to buy majority stake in American whiskey brand Skrewball, Nestl, PAI Partners to establish frozen pizza joint venture in Europe, Abbott closes $890m acquisition of Cardiovascular Systems, Arizonas Bancorp 34 and CBOA Financial to merge in $28m all-stock deal, Majors Management, Alimentation Couche-Tard to buy MAPCO Express assets in separate deals, Wipro Q4 FY2023 net income remains flat at 30.9bn, LTIMindtree bags digital transformation deal from Currys plc, TCG to acquire majority stake in D2C clean energy provider CleanChoice, Jurbarkas II wind farm in Lithuania : Nordex wins order from Green Genius, Uaru oil project : ExxonMobil takes FID on fifth project on Stabroek Block, SunGrid acquires electrical services contractor RA Electric, Gujarat Natural Resources wraps up drilling campaign at Kanwara field, FDA approves CVRx Barostim Neo System for advanced heart failure symptoms, Indian public sector bank UCO Bank Q3FY23 profit up by 110% to Rs 653cr, TenneT Ostbayernring electricity transmission project gets 450m loan from EIB, Catalent wins contract to manufacture AZD1222 COVID-19 vaccine candidate, NBCC (India) bags five construction contracts worth Rs 321.5cr. 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