The Marleen Groen-led firm won a mandate from the IFC to raise up to $500m for a secondaries fund that will target private equity in emerging economies.
3 min read · 05 January 2013
The firm has collected $1.8bn for its eighth growth capital fund, targeting $3bn, and is close to closing its third venture fund, targeting $500m. The funds, which are linked, were launched in March.
2 min read · 05 January 2013
The $10.5bn pension worked with UBS to sell a portion of its private equity portfolio. The pension board last week approved more than $100m in commitments, including to Cinven's fifth fund.
2 min read · 05 January 2013
The $109bn pension will choose between Hamilton Lane and Altius Associates as its private equity advisor to help meet its goal of spending $1.5bn on the asset class this year.
2 min read · 05 January 2013
The Istanbul-based buyout firm is expected to target about €500m for its second fund, which will launch in the second half of 2011.
2 min read · 05 January 2013
Svein Gjedrem was named administrative leader of the country’s finance ministry, which includes an advisory role for the $570bn fund. Last year, Gjedrem sent a letter to the ministry recommending the fund expand into private equity and infrastructure.
2 min read · 05 January 2013
The industry has about $376bn of uncalled capital that was raised in the peak credit years, an overhang that is driving up prices and could expand as many firms are raising funds this year, according to Cambridge Associates.
3 min read · 05 January 2013
The secondaries firm, which began fundraising in early 2008, has closed on $5bn and is expected to hold a final close by 30 June.
2 min read · 05 January 2013
The bank has been shedding private equity assets since spinning off its team in 2009, and is working to maximise the value of its holdings in the unit’s four funds.
2 min read · 05 January 2013
The Rob Thielen-led firm launched its fifth fund several months ago and is expected to close the vehicle this month.
1 min read · 05 January 2013
