The $12.5bn pension has been expanding its investment portfolio into European-focused funds.
2 min read · 05 January 2013
A majority of US GPs expect carry to be taxed at an increased rate of 39.6%, which will hurt their ability to attract and retain talent, according to a recent survey.
2 min read · 05 January 2013
The take-private of IMS Health, comprising $4bn in equity and $1.2bn in debt, is the biggest buyout proposed this year.
2 min read · 05 January 2013
Asia, the Middle East and Europe are set to increase their alternative asset appetites, according to Blackstone CEO Stephen Schwarzman.
2 min read · 05 January 2013
The travel website, which went public in what was called ‘the worst IPO in 2007’, will use proceeds to pay down debt.
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
Blackstone’s private equity portfolio appreciated by 5% in the third quarter, while Fortress' private equity portfolio achieved pre-tax distributable earnings of $25m.
2 min read · 05 January 2013
AG Capital Recovery Partners VII is targeting $3bn for investments in senior secured debt of companies heading for, or already in, bankruptcy.
2 min read · 05 January 2013
The Canadian pension’s goal is to shift its private equity portfolio to 80% direct investments from the current 35%. The pension has been a direct investor in infrastructure and real estate for many years through its Borealis Infrastructure and Oxford Properties direct investment teams.
3 min read · 05 January 2013
The pension’s $200m commitment to Hellman & Friedman, is evidence that it plans to continue to back private equity funds despite an ongoing pay-to-play investigation.
2 min read · 05 January 2013
