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CNNW CNN July 2, 2024



the new york congressman defended himself outside the capitol just minutes ago. a truce extended for now. moments before it was set too expire, israel and hamas agree to continue the pause in hostilities with more hostages set to be leased today. and elon musk with choice words, four letter words, for companies who pulled their ads from twitter while telling disney to go blank itself win hearts and minds. i m john berman with sara sidner. this is cnn news central. this morning republican congressman george santos speaking defiantly from outside the capitol where he could make history as the sixth member of congress to be expelled from the people s house. if i leave, they win. if i leave, the bullies take this is bullying. the chair of the committee putting out a motion to expel just introducing it was designed to force me to resign. reality is it is all theater. it is theater for the cameras, theater for the microphones, it is theater for the american people ....

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Genstar Capital races to $11.7bn close for Fund X, overage vehicle in less than four months


Genstar has been investing in mid-market private equity for more than 25 years, but it was only with the hefty close of Fund VIII in 2017 that the firm really began to enter the echelons of the private equity majors.
The firm pulled in about $1bn for its sixth fund in 2012 amid a choppy fundraise that saw it come in well below its expected $1.5bn goal.
That vehicle is understood to have performed well, however, and LPs were much more persuaded of Fund VII’s potential, which beat its target through a $2bn final close in 2015.
Genstar closed Fund VIII on $3.95bn in 2017, with $650m of overage from selected LPs and more than $200m coming from the GP itself. ....

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