Lone Star has a plan to keep total control of bankrupt grocer Bi-Lo outside of bankruptcy, while a lending group that includes KKR wants to split control of the company.
2 min read · 05 January 2013
The firm has for the first time hired a placement agent to help it get access to public pensions, and has decried a potential ban on placement agent activity.
2 min read · 05 January 2013
Hudson Clean Energy Partners has scored some big commitments from pensions, including $400m from Danish pension ATP.
2 min read · 05 January 2013
Charles Valdes, a CalPERS board member, received illegal campaign donations, some from affiliates of Alfred Villalobos, head of placement agency ARVCO.
2 min read · 05 January 2013
The pension will reduce its commitment to the $6bn fund raised in 2007 by the maximum allowed amount.
1 min read · 05 January 2013
South Carolina Retirement System has committed $750m in a ‘strategic partnership’ that will invest alongside and through Apollo funds - a new trend, according to the firm.
3 min read · 05 January 2013
Draper Fisher Jurvetson’s 10th fund has lowered its target to $400m from $600m.
1 min read · 05 January 2013
Catherine Lewis La Torre, co-founder of fund of funds Proventure, will help Fondinvest to invest two recently closed funds.
1 min read · 05 January 2013
Private equity firms spent 2009 strengthening portfolios and are now looking to invest large amounts of dry powder, a panel in New York told delegates.
3 min read · 05 January 2013
The US pension is the latest to join the government’s programme meant to jumpstart the credit markets, which CalPERS has said it will not join.
2 min read · 05 January 2013