EIG Energy Fund XV, which launched in February 2010, had ‘soft-circle commitments’ that exceeded the firm’s original hard-cap of $3.5bn. The firm’s original target was $2.5bn.
2 min read · 05 January 2013
The firm has worked hard after receiving an investment period extension last year to bring its fourth fund into profitability after the headline-grabbing Chrysler bankruptcy and the government bailout of GMAC Financial.
3 min read · 05 January 2013
The firm hired former Merrill Lynch executive James Dunleavy as it expands its ‘internal capabilities’ around providing senior debt. The firm also has plans to launch a fifth private equity fund.
2 min read · 05 January 2013
The investment bank has been trying to recruit professionals for a team that would raise private equity funds, a business Goldman says it has been in ‘for a number of years’ and is ‘interested in growing’.
2 min read · 05 January 2013
KKR’s mezzanine group, led by Fred Goltz, has been partnering with other private equity firms on mezzanine deals, but may put more focus into finding non-sponsored transactions this year.
3 min read · 05 January 2013
The deadline for most private equity firms to register with the US Securities and Exchange Commission has been set for 21 July this year, but may be extended to the first quarter of 2012, according to a letter from the government agency.
3 min read · 05 January 2013
Pacific Corporate Group Asset Management formerly worked as the private equity consultant for the $7.9bn Rhode Island Public Employees' Retirement System.
2 min read · 05 January 2013
Abu Dhabi Capital Management is targeting $100m for its first-ever secondaries fund that will focus on investments mainly in the Middle East and North Africa.
1 min read · 05 January 2013
The $150bn pension will consider more opportunities for internal management of investment assets as it looks for ways to cut costs.
2 min read · 05 January 2013
Brazil-based asset manager Rio Bravo is raising an energy fund, targeting up to $450m, that will have a mix of domestic and global LPs, a unique structure that could be the start of a trend for the emerging economy.
3 min read · 05 January 2013
