The firm, led by well-known turnaround investor Wilbur Ross, has closed its fifth fund after a long slog on the fundraising trail that included slashing its target in half.
3 min read · 17 January 2013
The Toronto-based firm, which focuses on pharmaceutical royalties, has been busy since closing its second fund on $701m in 2010.
3 min read · 17 January 2013
The firm, which has closed its tenth fund on $3.58bn, has a small allocation to explore opportunities in water resources and agriculture that tie back into its core strategies.
4 min read · 17 January 2013
The retirement system had allocated $140m for private equity commitments at the beginning of the year, and has pledged more than half to Wayzata, IVP and NEA. The system also has capital left for real assets and real estate.
2 min read · 17 January 2013
The turnaround firm’s major investment was a buyout alongside Catterton Partners in Restoration Hardware. The business filed to go public last year.
2 min read · 17 January 2013
The $122.5bn pension system has committed to Ares Management, Warburg Pincus, RCP Advisors, AXA PE and Crescent Capital as it works to deploy $6bn over the next three years.
1 min read · 17 January 2013
Thomas Kubr, founding CEO of the Swiss fund of funds, is moving into an executive chairman position to focus on client development and strategy; CFO Stefan Ammann will become CEO.
1 min read · 17 January 2013
The firm is investing in the largest refinery on the eastern seaboard with help from Pennsylvania to upgrade the facility and shift the source of crude oil from northern Africa to domestic sites around North America.
3 min read · 17 January 2013
The firm has agreed to sell its private equity portfolio to HarbourVest for $1.4bn, and will wind down operations after the deal closes – ending several years of struggling to handle market volatility.
2 min read · 17 January 2013
Public Pension Capital, launched by two former KKR executives, is offering ILPA-like terms on its debut fund, including giving LPs authority over the budget-based management fee.
3 min read · 17 January 2013
