The firm, which anticipates closing Fund VI on $13.5bn, agreed to an 80/20 transaction fee split for Oregon with a slight increase in management fees - a deal it's offering all the fund's LPs.
2 min read · 05 January 2013
PCG Asset Management will help the $34bn pension rebalance its portfolio, selling older investments and ramping up exposure to international, secondaries and co-investments.
1 min read · 05 January 2013
Frustration with fees has some family offices moving toward direct investing, says John Rompon, managing partner at McNally Capital.
3 min read · 05 January 2013
Providence plans to raise $1bn in credit-focused commitments, having gone to market just one year after closing its debut debt fund on more than $1bn.
1 min read · 05 January 2013
The Steve Schwarzman-led firm, which reported a 35% rise in private equity profits over a six month period, will soon close its global buyout fund.
2 min read · 05 January 2013
GS Capital Partners and Clayton Dubilier & Rice are teaming up to buy Harrington Holdings from The Jordan Company, which first invested in the company in 2007.
1 min read · 05 January 2013
The firm has ‘reduced, refinanced or extended’ more than $52bn of debt since 2009, which has helped drive value creation, according to Blackstone executives.
2 min read · 05 January 2013
The Euronext-listed fund of funds received $129m in distributions in the second quarter as the firm continues its ‘realisation strategy’ of tending to capital calls and not making new commitments.
2 min read · 05 January 2013
Karl Beinkampen, a 15-year veteran of Morgan Stanley, will replace Jeff Ennis as CIO.
1 min read · 05 January 2013
Montagu, BC Partners and MatlinPatterson are among the firms whose LPs have granted fund investment extensions.
3 min read · 05 January 2013
