State Street Global Advisors, the asset management business of State Street Corporation has launched its Dynamic Diversified Fund within its flagship Managed Pension Fund. The new fund is designed for pension schemes to actively invest across traditional asset classes such as equities or bonds as well as alternatives such as commodities, real estate and infrastructure.
4 min read · 22 January 2013
Catch up on the latest private equity and venture capital-related links after the long weekend which includes a Brazilian hunt for a big oil start-up; the latest exit struggle for Euro buyout firms and what difference it makes being a founder and a hired CEO.
1 min read · 22 January 2013
Partners Group has appointed Charles Dallara, currently managing director of the Institute of International Finance, as a partner, based in the United States. He will also assume the role of chairman of the Americas. In addition, the board of directors will propose Dallara as a new board member and vice chairman of the board of directors of Partners Group. Dallara has been the managing director of the IIF since 1993.
4 min read · 21 January 2013
Pantheon has appointed Andrea Echberg as partner and head of European infrastructure investments. Echberg is based in London and will be focusing on infrastructure secondary and co-investments as well as managing the primary infrastructure fund investments in Europe.
2 min read · 21 January 2013
MW Industries has completed the acquisition of Lifeline Products, a precision manufacturer serving the medical market. MW Industries is a portfolio company of Genstar Capital.
2 min read · 21 January 2013
Globalturk Capital has invested in Tempo Cagri Hizmetleri, a call center and distant services company in Turkey, by facilitating a co-investment alongside Mitsui. Baris Oney, founding and managing partner of Globalturk Capital, together with Tempo’s founding shareholders and representatives from Mitsui, will sit on the board of Tempo.
3 min read · 21 January 2013
TM Capital, a middle market investment bank based in New York, Boston and Atlanta has promoted Andrew Redmond to the position of vice president, effective January 2013. Redmond was previously an associate at Mirus Capital Advisors.
1 min read · 21 January 2013
EQT Infrastructure has closed its second fund at the hard cap of 1.925 billion euros ($2.6 billion). EQT Infrastructure II will be targeting existing infrastructure companies located primarily in Europe and North America.
4 min read · 21 January 2013
Equistone Partners Europe has reached a final closing of Equistone Partners Europe Fund IV at 1.5 billion euros ($2 billion). The fundraising has been achieved just over one year on from the Equistone team’s spin-out from Barclays.
3 min read · 21 January 2013
Moor Park Capital Partners has led and advised the consortium of investors on the sale and leaseback of 12 Spire Healthcare hospitals. The consortium of investors included Moor Park and a small group of very large institutional investors, based in Malaysia and the US.
3 min read · 20 January 2013