Blackstone, Centerbridge and Welsh Carson will not see commitments from New Jersey yanked following revelations that the firms unwittingly broke campaign donation rules.
3 min read · 05 January 2013
Sun Capital sold a part of its investment in Timothy's Coffees of the World to Green Mountain for $157m.
2 min read · 05 January 2013
The founder and co-chairman of Fortress Investment Group believes heavier regulation of private equity is both inevitable and positive.
2 min read · 05 January 2013
The $126bn pension has created a new allocation to house its investments in the US Public Private Investment Programme.
2 min read · 05 January 2013
AP Alternative Assets has written up all of its biggest private equity investments and seen its NAV rise 29% from 30 June, as Apollo reportedly nears a long expected public listing.
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, founded by Tagg Romney, has hired Lee Scott, former CEO of Wal-Mart, as an operating partner.
2 min read · 05 January 2013
Cambridge’s private equity index shows an increase in private equity returns for the first time since the end of 2007. The report is similar to earlier findings by State Street.
2 min read · 05 January 2013
The hybrid fund manager is one of several firms, including Bain affiliate Sankaty Advisors, trying to take advantage of the dearth of lenders for bankruptcy loans.
2 min read · 05 January 2013
Three months after announcing its first ever private equity commitments, the $27bn pension is mulling a move into secondaries to diversify its vintage year exposure.
1 min read · 05 January 2013
