Despite having seen its private equity assets decline by about $7bn last year, KKR told investors its dry powder, new business lines and products have it poised for growth.
2 min read · 05 January 2013
The firm, a division of Dutch bank Rabobank, is targeting €250m for its second private equity fund that will focus investments in funds that adhere to a robust set of environmental, social and governance principles.
1 min read · 05 January 2013
Experts presenting at the PEI Active Portfolio Management Forum in New York described sellers in the secondaries market reluctant to agree deals at steep discounts, and buyers waiting on the sidelines.
2 min read · 05 January 2013
A recent survey shows dealmakers have high hopes for the energy sector once the economy recovers, and also like infrastructure investing as a long-term opportunity for private equity.
2 min read · 05 January 2013
The $30bn Alaska Permanent Fund has earmarked $500m for private equity investing in fiscal year 2010. In February, the fund cancelled hundreds of millions of dollars in recommended commitments to private equity and infrastructure funds.
2 min read · 05 January 2013
Cash-strapped LPs have been given a reprieve as GPs have slowed capital calls, but that in turn has kept fund interests off the secondaries market, writes Christopher Witkowsky.
2 min read · 05 January 2013
The New York-based private equity firm also has named former US Secretary of State Colin Powell as chairman of its advisory board. The firm has continued to invest in the market downturn, buying Israel-based library automation solutions company Ex Libris last August.
2 min read · 05 January 2013
Poor performance and the inability to affect turnarounds with minority stakes has caused Sun Capital to discontinue making new investments from the hedge fund it raised in 2006.
3 min read · 05 January 2013
New York Attorney General Andrew Cuomo has reached a resolution with The Carlyle Group under which the firm has pledged to avoid hiring placement agents to obtain investments from New York’s public pensions. Carlyle also agreed to pay $20m to ‘resolve its role’ in the pension pay-to-play investigation.
3 min read · 05 January 2013
In its annual report, the mega-buyout firm frankly addressed setbacks it suffered last year, including the liquidation of Blue Wave and Carlyle Capital, but stressed it is poised to take advantage of current opportunities.
2 min read · 05 January 2013
