TA Associates has invested an undisclosed amount for a minority stake in Evanston Capital Management in a deal that includes financing from TA’s subordinated debt fund.
2 min read · 05 January 2013
The firm will target slightly more for the fourth private equity fund than the $700m it raised for Fund III. Earlier this year, Blackstone bought a 40% stake in Patria for $200m.
2 min read · 05 January 2013
Steve Young, a managing director with the mid-market firm, is best known for his career as a US football player but is reportedly entrenched in the firm's dealmaking.
2 min read · 05 January 2013
Advent acquired Takko in 2007 for €770m and expanded the business throughout Europe.
1 min read · 05 January 2013
The loss of Maria Boyazny, one of the firm's top distressed investments executives, did not trigger a key-man provision in Fund IV, which is targeting $1.5bn.
1 min read · 05 January 2013
European-focused private equity house Argos Soditic has added its name to the growing list of firms announcing fund closings.
1 min read · 05 January 2013
A majority of LPs will be looking to maintain their allocation levels to private equity, or even decrease those levels, and most will only have a limited interest in meeting new GPs, according to a survey from Probitas Partners.
2 min read · 05 January 2013
The financial services-focused firm has amassed a load of capital in the past few months, after having collected more than $1.5bn by August.
2 min read · 05 January 2013
The fund of funds alleges Maria Boyazny stole 'commercially sensitive' data before leaving to start MB Global Partners, a charge Boyazny has denied. The lawsuit has since been withdrawn.
3 min read · 05 January 2013
The $24.4bn pension has cut its long-term allocation target to private equity from 24.5% to 15% as it follows a strategy of only committing capital to existing managers.
2 min read · 05 January 2013
