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Wednesday 22 May 2013
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News
21 May 2013 17:55 GMT Barry Miller will take on a new role with Landmark Partners in early June after more than two years running the NYC system’s massive private equity portfolio.
22 May 2013 05:36 GMT If accepted, the $662m offer for Pactera Technology will become the most recent privatisation of a China-based company from the NASDAQ.
22 May 2013 04:00 GMT The lower-mid market firm has generated a 40% IRR on its equity investment in Information Storage Consolidation Company as it seeks $75m for its Graycliff Mezzanine II fund.
22 May 2013 03:00 GMT Turnaround situations in Asia, particularly in Korea and Japan, are anticipated to increase, with private equity firms expected to play a key role, according to an AlixPartners study.
22 May 2013 02:00 GMT The increase in allocation to private equity is driven by a greater need for sovereign wealth funds to diversify from public equities and to achieve higher returns, according to a study.
22 May 2013 01:00 GMT The new CIO of the sovereign wealth fund believes several trends in Asia are creating attractive investment opportunities, but he cautioned on valuations and too much risk.
21 May 2013 02:00 GMT The firm, which focuses on distressed investments primarily in the US, beat its $2.5bn target.
21 May 2013 00:00 GMT The Canadian pension fund's emerging markets and developed private equity investments beat respective equities returns - a phenomenon the LP expects to continue long-term.
21 May 2013 14:59 GMT The firm, which has been raising its second Foundation Fund for about eight weeks, has already broken through its $500m target.
21 May 2013 16:06 GMT The firm is diversifying by acquiring Swiss fund of funds APEN alongside Fortress Investment Group and Newbury Partners. APEN is shifting its focus from fund investments to co-investments and secondaries in emerging markets.
21 May 2013 08:20 GMT The Chinese conglomerate is hoping to establish relationships with institutional investors and is reportedly planning a $300m first close next month.
21 May 2013 10:41 GMT The London-listed firm has recorded its eighth exit this year with the secondary sale of Xellia Pharmaceuticals.
21 May 2013 04:00 GMT The healthcare-focused firm is targeting slightly more than its $400m Fund II to invest in businesses in the US and Western Europe.
21 May 2013 02:00 GMT The Surrey-based firm, which is targeting £20m for its UK Special Situations Fund, has so far collected £6m from a total of 30 investors and aims to complete its fundraising this autumn.
20 May 2013 16:28 GMT The Italian insurer is planning to offload a private equity portfolio which is valued at approximately €500m. The sale is in ‘advanced stages’, according to a source familiar with the matter.

Next

Comment
As LPs push GPs to think more about the environmental, social and governance implications of their investments, firms should consider practical approaches to ESG analysis, writes Tim Creed, managing director at Adveq.
Perspectives
James Burdett, head of investment funds at Baker & McKenzie, explains how sovereign wealth funds differ from traditional LPs – and what their increasingly active role in private equity means for the industry.
 

Private Equity International provides the complete private equity news & intelligence service. We cover the key players, firms, private equity investments and deals globally. We examine the relationship between private equity investors & private equity fund managers. Keep your finger on the pulse of who and what is driving private equity globally