The BDC, which has been in default on $2.4bn in debt for months, has a preliminary deal with lenders to push back maturities on its debt to 2013.
3 min read · 05 January 2013
The pension, with about $13bn in assets, has invested $40m in mezzanine funds managed by Merit and Peninsula. The pension came under its spending goal for private equity in fiscal ‘09.
1 min read · 05 January 2013
Regret over ‘drinking the Kool-Aid’ during the tech bubble was among many industry and firm-specific issues Henry Kravis and George Roberts discussed in an interview with the Wall Street Journal.
3 min read · 05 January 2013
The Connecticut advisory firm has invested in secondaries deals worth $1bn since 2003 from its fund of funds coffers.
2 min read · 05 January 2013
The Florida State Board of Administration has committed more than $1bn to the asset class in 2009.
2 min read · 05 January 2013
Lack of senior debt and pricing concerns will keep deal flow at current levels, according to a survey of senior private equity executives.
2 min read · 05 January 2013
A key-man clause on the firm's $692m Fund II was triggered when the head of AIG Investments’ Brazil team left. The unit has decided to terminate the investment period.
1 min read · 05 January 2013
The VC firm has also hired LinkedIn co-founder Reid Hoffman as a partner.
2 min read · 05 January 2013
The deal allows the financial services giant's clients access to private equity funds focused on strategies like distressed investments.
2 min read · 05 January 2013
Robert Niehaus, chairman of Greenhill Capital Partners, will lead the entity that is becoming independent of its parent in a $25m transaction.
2 min read · 05 January 2013
