As emerging markets rebound more quickly than advanced economies, GPs must maintain investment discipline to win LP support, writes Christopher Witkowsky.
2 min read · 05 January 2013
The publicly traded business development company made a profit of $107m in the fourth quarter and continues to iron out a debt restructuring plan with its lenders.
2 min read · 05 January 2013
The Abu Dhabi-based firm, led by CEO Karim El Solh, has raised a significant portion of capital from investors in the US, Europe and Asia.
2 min read · 05 January 2013
Johnny Randel will lead the private equity advisor’s monitoring and reporting and financial activities from the firm's newly opened New York office.
2 min read · 05 January 2013
The $48bn pension made the commitment to Beach Point Capital’s credit opportunities fund. The pension made the investment from its $5.1bn credit strategies programme.
1 min read · 05 January 2013
With some $22bn in uncalled commitments, the California pension will work to enter customised, low-fee partnerships and co-investment vehicles with select GPs.
2 min read · 05 January 2013
European private equity firm Triton is buying healthcare platform Ambea for €850m.
1 min read · 05 January 2013
Oak Hill acquired the drug store chain in 2004 for $750m and invested an additional $125m for debt repurchasing in 2009.
2 min read · 05 January 2013
Documents also reveal Quadrangle paid a fee to UBS for the successful outcome of an LP vote to preserve the investment period on its latest fund after a key-man clause was triggered.
3 min read · 05 January 2013
The $10.5bn pension, which has not yet made a commitment in 2010, is targeting buyouts, venture capital, distressed and non-US funds for its private equity portfolio.
1 min read · 05 January 2013