Based in New York, Annabelle Ju covers North American institutional investors and fund regulation as the US Private Equity Reporter for Private Equity International and private funds management. She previously reported on market structure at Bloomberg and obtained her Master of Science degree from Medill School of Journalism at Northwestern University.
Two thirds of PE deals in the first 11 months of this year were add-on acquisitions driven by high valuations and competition in the upper markets driven by mega deals, according to PwC.
2 min read · 17 December 2015
2015 saw the return of a rare but not unknown private equity beast, the fundless sponsor. Following its report in July on Juniper Alternative Investment Fund, <span class="ITALIC">PEI</span> spoke most recently to Joe DaGrosa of General American Capital Partners to ask about the strategy.
2 min read · 17 December 2015
Over the longer term, the US Federal Reserve’s decision to raise the Federal Funds Rate by 25 basis points will put pressure on firms with high leverage multiples.
2 min read · 17 December 2015
Experts believe years of near-zero interest rates facilitated an overly confident behaviour in private equity that should normalise in the long term as the US Federal Reserve continues to gradually raise rates.
3 min read · 16 December 2015
The US Securities and Exchange Commission released the first “Private Funds Statistics” report since it began its oversight of private equity in 2012, and found sovereign wealth funds and individuals increased their asset ownership in PE funds more than other investors between 2013 and 2014
2 min read · 16 December 2015
James Kase joins the firm to oversee its global sales, client relations and marketing communications after serving as global head of investor relations at hedge fund manager Capula.
1 min read · 16 December 2015
The fund beat its $600m hard-cap and will seek investments in founder-led middle market companies in North America in the business services, health care services and engineered products sectors.
2 min read · 15 December 2015
The fund exceeded its $17.5bn hard-cap with commitments from more than 250 LPs and $500m from the firm and its employees. It will begin investing in the first quarter of 2016.
2 min read · 14 December 2015
PAI Partners originally bought Dutch lingerie company Hunkemöller in January 2011 for €265m out of its PAI Europe V fund. Carlyle’s investment will come from Carlyle Europe Partners IV.
1 min read · 11 December 2015
This marks the DFI’s single biggest commitment to a PE fund, and the largest commitment to any impact fund in history.
2 min read · 10 December 2015
