The firm launched its eighth buyout fund in early 2008 and has dropped its original target from $7.5bn to $5bn.
1 min read · 05 January 2013
Although no reasons have been given for the firing, local media in North Carolina has focused on Patricia Gerrick accepting free trips around the world to meet fund managers.
3 min read · 05 January 2013
The firm, founded in 2005, is investing from its $20m debut fund, which is about 80% invested. Evolution plans to raise a second fund.
1 min read · 05 January 2013
Oaktree has been collecting millions from a number of public pensions in the US for two investment vehicles.
2 min read · 05 January 2013
The mega-firm is expected to begin trading on the Amsterdam-based Euronext on Thursday.
2 min read · 05 January 2013
The pension, which fired Aldus Equity in May, has a 10% target allocation to private equity.
2 min read · 05 January 2013
Fundraising for the Houston-based firm’s fifth fund took about a year. The total represents a 90% increase over Quantum’s $1.32bn fourth fund.
2 min read · 05 January 2013
Singapore’s largest sovereign fund has increased its investments in private equity and real estate in recent years – a trend likely to continue owing to the turmoil in the financial markets. The change was revealed as part of its first performance report, which also shed rare light into the GIC’s structure.
2 min read · 05 January 2013
The Oregon Investment Council approved a $400m commitment to Lone Star, partly because the firm altered its fee structure and governance procedures to be more ‘LP friendly’.
2 min read · 05 January 2013
The turnaround advisors have tapped Michael Odrich, who created Lehman Brothers’ private equity business, to lead principal investments.
1 min read · 05 January 2013
