A recent fund restructuring on the secondary market illustrates how secondaries firms can help create options for LPs in funds well beyond their contractual lives. By Christopher Witkowsky
7 min read · 17 January 2013
David Foley-led Blackstone Energy Partners' first fund was a key part of the New Jersey Division of Investment’s innovative separate account partnership closed last year.
2 min read · 17 January 2013
Dana Pawlicki, a founding partner of Evercore Partners private funds group, has joined start-up fundraising firm Stonington Capital.
1 min read · 17 January 2013
Martin Day, who ran fund commitments and co-investments for OMERS PE, will work with the team at Toronto-based Caledon Capital to build customised accounts for small and mid-sized LPs.
2 min read · 17 January 2013
North American Breweries will be sold for $388m, representing a 9x overall return, shortly after the sale of auto-parts maker HHI Group, which KPS was selling for a 10x return.
2 min read · 17 January 2013
A study published by a trade group representing minority and women-led firms reveals that firms which have greater diversity amongst their staff have produced superior returns than their rivals since 1998.
4 min read · 17 January 2013
Firms need to make sure the right management team is in place at portfolio companies and awareness is growing of the importance of human capital professionals to accomplish those evaluations.
3 min read · 17 January 2013
The firm has enjoyed strong demand from the LP community for its seventh investment vehicle, which is said to be set to close around year's end.
2 min read · 17 January 2013
As the firm enters the homestretch on fundraising, managing director Julie Richardson has announced she will move into a senior advisory role.
2 min read · 17 January 2013
Fund managers are increasingly expected to explain precisely how they created operational value in portfolios, according to speakers and delegates at PEI’s 2012 Operating Partners Forum.
2 min read · 17 January 2013
