Centerbridge Partners II, which is targeting $3.75bn, could hold a final close toward the end of the first quarter next year.
1 min read · 05 January 2013
CalPERS has received numerous recommendations after a 'special review' of fees, including demanding all GP meetings take place at the pension's offices and not in 'expensive settings'.
2 min read · 05 January 2013
Embattled Quadrangle has reshuffled its management, will implement a European-style waterfall and has told LPs its executives will invest more money into the business.
2 min read · 05 January 2013
The Boston-based firm may consider hitting the market with a fourth fund once the term of the special purpose acquisition company runs out after 21 months.
2 min read · 05 January 2013
The Indian financial services firm will pay $171.5m for a 55% stake in Landmark Partners. Religare bought a stake in fund of funds Northgate Capital earlier this year.
1 min read · 05 January 2013
The $14.5bn state endowment has published a request for proposal for a national private equity consultant.
1 min read · 05 January 2013
The realisations of eight portfolio companies in the firm's $1.8bn Fund III, which was granted a one-year fund life extension, are expected to shape plans to raise a fourth fund.
3 min read · 05 January 2013
For anyone who wasn’t quite convinced: the anticipated pick-up in LBO activity has arrived.
3 min read · 05 January 2013
The firm, based in Baltimore and San Diego, launched Fund VII in May with an $800m target.
1 min read · 05 January 2013
Tough fundraising conditions have forced the Texas-headquartered firm to revise its prior plan to raise a combined $20bn for Lone Star Real Estate Fund II and Lone Star Fund VII.
1 min read · 05 January 2013
