Lee Equity Partners has announced the closing of a $1.6bn recapitalisation of McLarens Global, aimed at enhancing the latter’s growth plans. The transaction allows existing shareholders to receive liquidity or stay reinvested, while also providing McLarens with additional capital for its growth initiatives. The recapitalisation initiative was led by Lee Equity's most recent fund, Lee Equity Partners Fund IV, LP, and included contributions from many blue-chip institutional investors. With a history excee ...