US presidential candidate Mitt Romney’s success in building Bain Capital was due more to a talent for hiring and organizing smart, aggressive deal doers than to his own investment prowess, according to sources interviewed by Private Equity International magazine.
1 min read · 04 January 2013
Making a presentation before the Washington State Investment Board yesterday, KKR’s George Roberts and Johannes Huth, right,asked for a commitment to a massive new European fund and predicted a reinvigorated deal market will follow the current mega-malaise.
2 min read · 04 January 2013
Triple-digit returns have helped the Sao Paulo-based firm reach a first close on what is for now Latin America’s largest private equity fund.
2 min read · 04 January 2013
Eighteen months after closing its last round of fundraising, Bain Capital is back with a modestly larger $10 billion core fund target, but a $5 billion co-investment fund, reflecting high LP co-investment demand as well as the possibility of a slowdown in the deal market.
2 min read · 04 January 2013
Amid the debt-market turmoil, private equity funds have something most hedge funds would die for, and vice versa, writes PEI Americas executive editor David Snow.
2 min read · 04 January 2013
The increasingly global private equity giant will use a Moscow base to pursue investments throughout Russia and Eastern Europe.
1 min read · 04 January 2013
One of the most longstanding teams of private equity investors in the market, Citigroup Venture Capital, has raised the largest spin-out fund yet as Court Square Capital Partners.
2 min read · 04 January 2013
The Connecticut fund of funds manager has closed on significant total commitments for three new pools of private equity capital.
1 min read · 04 January 2013
More than 1000 people are attending the 20th anniversary Carlyle investor conference in Washington DC. The event is featuring the unveiling of a new financial services fund, commentary from political luminaries and a performance by pop star Lionel Richie.
1 min read · 04 January 2013
The Brazilian bank is raising a new private equity fund that can tap Blackstone as a co-investor on large deals.
1 min read · 04 January 2013
