The World Economic Forum has been studying the impact of private equity on the global economy, and found private investments accelerate industry growth.
2 min read · 05 January 2013
Treating placement agents as lobbyists under California law would impose the proper limitations on the practice, CalPERS’ president Rob Feckner wrote in a letter to the pension’s board.
3 min read · 05 January 2013
The firm’s portfolio company, Hune, which rents and sells construction equipment, was sold back to management for €1 after suffering from broad industry contraction.
2 min read · 05 January 2013
Mega-firms took unprecedented measures in 2009 to give LPs some relief.
2 min read · 05 January 2013
The mega-firm is entering the amusement park sector, following several other firms that have acquired parks this year. But the sector has in some cases been a roller coaster for private equity returns.
2 min read · 05 January 2013
The firm, which operates in the lower mid-market, is raising a $10m annex fund to support remaining investments in its vintage 1999 fund.
2 min read · 05 January 2013
The firm’s hired legal gun, David Boies, once represented US vice president Al Gore in the Florida voting dispute during the 2000 presidential election.
3 min read · 05 January 2013
Bids that came in for the private equity stakes were not ‘on par with the value of the assets’, the endowment’s CEO John Powers told PEO in an interview.
2 min read · 05 January 2013
The firm sold Verathon, a maker of ultrasound equipment, to Roper Industries for $300m. The healthcare private equity sector has seen increased activity as more deals come to market.
1 min read · 05 January 2013
Joseph Dear, CalPERS chief investment officer, said private equity investments will ‘fuel our portfolio in future years’.
2 min read · 05 January 2013
