The Brazilian asset manager has committed its entire energy-focused private equity fund, which has not yet reached final close, to numerous hydro and wind-power projects in Brazil.
2 min read · 06 January 2013
The firm has agreed to acquire a portfolio of consumer credit debt from Bank of America’s MBNA unit -- one of the largest issuers of credit cards. AnaCap is positioning to take advantage of banks’ divestment of non-core assets.
3 min read · 06 January 2013
The Silicon Valley firm increased the hard-cap on its eighth fund after racing toward its target by the first close earlier this year.
2 min read · 06 January 2013
The Boston-based energy investor is scheduled to hold an initial close later this month, and is on track to end fundraising on its sixth investment vehicle in the first quarter.
2 min read · 06 January 2013
Tenaya Capital spun out of Lehman Brothers in 2009 with the help of HarbourVest Partners. The firm is targeting $300m for its first fund after the spin-out.
2 min read · 06 January 2013
Blackstone-affiliate GSO Capital Partners has collected more than $2bn for its second mezzanine fund. GSO's fund will compete with other mega-firms that have raised capital to take advantage of the tight credit markets.
3 min read · 06 January 2013
A slow fundraising environment, as well as uncertainty around Wilbur Ross’ future role, has led to hesitation among some investors to commit to the firm's fifth fund, according to sources.
4 min read · 06 January 2013
The UK-based firm has built a large consumer debt collection platform which positions it to buy portfolios of consumer credit card debt from banks that don’t have the resources to service it.
2 min read · 06 January 2013
The AXA Group is performing a strategic review of its private equity funds of funds unit, AXA PE, which could result in it selling the business.
2 min read · 06 January 2013
The Los Angeles-based firm will now share 100% of transaction fees on its sixth fund with LPs, up from 80%. Leonard Green has also strengthened LP clawback provisions and changed the carried interest distribution scheme on the fund.
3 min read · 06 January 2013
