The pension’s CIO Joseph Dear said LPs that can 'stick together' in the face of GP opposition will be able to win more LP-friendly terms.
2 min read · 05 January 2013
The firm has agreed to acquire a majority stake in Sophos from the company’s founders and TA Associates, which first invested in Sophos in 2002.
2 min read · 05 January 2013
Oaktree has collected at least $2.9bn for its eighth opportunities fund, which is targeting $5bn.
2 min read · 05 January 2013
Barclays Ventures, which focuses on small UK buyouts, is halting new investments. The group’s managing director, Kip Kapur, is resigning.
2 min read · 05 January 2013
Large pensions in the US have been gaining exposure to co-investments through intermediaries, rather than going directly to the source, as a tentative step towards a bolder co-investment future.
2 min read · 05 January 2013
Carlyle is acquiring $5.1bn in collateralised loan obligations for an undisclosed amount.
1 min read · 05 January 2013
KKR's co-founder George Roberts told the Washington State Investment Board ‘there is no more opportunity in distressed debt’.
2 min read · 05 January 2013
The Euronext-listed fund of funds expects to continue collecting more in proceeds from GP exits than it pays out in capital calls this year.
2 min read · 05 January 2013
The departure of Joshua Gotbaum from Blue Wolf Capital will not trigger a key-man clause.
3 min read · 05 January 2013
The Indiana Public Employees’ Retirement Fund will become a limited partner in an energy fund headed by former First Reserve president Ben Guill, among other investments.
1 min read · 05 January 2013
