The US financial regulator has been watching how GPs value investments, which includes examinations of track records GPs use when trying to attract LPs into new funds.
2 min read · 06 January 2013
Cinven has agreed to acquire patent software provider CPA Global for £950m. ICG made its largest equity investment – about £37m – in CPA Global in 2010.
2 min read · 06 January 2013
The mid-market media and communications specialist will launch its fifth fund in the first half of 2012 and target $750m to $1bn.
2 min read · 06 January 2013
Private equity, along with other alternative asset classes, will be under the microscope in Illinois, where politicians have formed a committee to determine if the pension systems are taking on too much risk.
5 min read · 06 January 2013
The stingy fundraising environment requires firms to bring something more to the table than just great performance, according to speakers at Private Equity International’s annual CFOs & COOs Forum in New York.
4 min read · 06 January 2013
An agreement originally relating to CalPERS' stake purchase limits firm founders' bonuses, which were revealed in an amended IPO registration document filed this week.
2 min read · 06 January 2013
The $16bn public employees’ pension system has separated the positions of head of venture capital and private equity/buyouts to account for the growth of both portfolios.
2 min read · 06 January 2013
Mitt Romney's rivals for the Republican nomination for the US presidential race are ramping up attacks on his past, causing some LPs and GPs to worry about industry-wide ramifications.
6 min read · 06 January 2013
The firm’s fifth global secondaries fund could collect at least half of its $750m target by March, giving Adams Street hefty buying power in what is expected to be an intense deal environment during the first two quarters.
2 min read · 06 January 2013
The sovereign wealth fund is using the secondary market for its first-ever intermediated sale of private equity stakes as it works to trim down the size of its portfolio. UBS is running the process.
3 min read · 06 January 2013
