The State Investment Council last week preliminarily approved increasing its private equity allocation, and made its first private equity-like commitment since early 2009.
2 min read · 05 January 2013
The secondaries firm will carefully select opportunities in the market, which has seen increasing volume, says Newbury director Justin Pollack.
1 min read · 05 January 2013
Terra Firma’s trial against its banking nemesis will boil down to who will impress the jury as the most credible witness.
3 min read · 05 January 2013
The Guy Hands-led firm is suing its financial advisor Citi for allegedly tricking it into buying EMI for £4 billion. Citi argues Hands is looking for a scapegoat for the struggling investment.
4 min read · 05 January 2013
Timothy Recker has taken over the chairmanship of the Institutional Limited Partners Association from outgoing chair Joncarlo Mark of CalPERS.
2 min read · 05 January 2013
The private equity giant has personally invested about '60 to 70%’ of his net worth in foundering EMI. Hands’ at-times emotional testimony described his decision to sue a former friend as ‘a difficult thing’.
3 min read · 05 January 2013
The Oregon Investment Council was briefed by PCG AM executives in the wake of PCG's firing by CalPERS this week and believes the firm has provided ‘expert’ and ‘independent’ analysis.
2 min read · 05 January 2013
Bain will pay a 57.4% premium to the 30 September share price for the children's clothing retailer.
1 min read · 05 January 2013
Quadrangle co-founder Steve Rattner could pay $6m and face a two-year ban from the securities industry, the WSJ reports.
2 min read · 05 January 2013
The $3bn fundraising total includes a $300m separate account with the Ohio Public Employees’ Retirement System.
1 min read · 05 January 2013
