Private Equity
Institutional investors say they’re concerned that sponsors are applying too much leverage to companies, and many also believe exit conditions will deteriorate in the next two years.
3 min read · 15 December 2014
Everyone knows it takes a good four or five years for a private equity fund to mature to the point where results are meaningful. But it is still tempting to try to identify early winners from more recent vintages. And on that front early high achievers among buyout funds for Oregon Public Employees Retirement System include the vintage 2010 Veritas Capital Fund IV (1.89x investment multiple) and the 2011 vintage WLR Recovery Fund V (1.54x) and Advent International GPE VII-C (1.36x).
1 min read · 12 December 2014
5 min read · 11 December 2014
W Capital Partners, one of some 45 private equity firms to host a table at ACG New York’s packed wine-tasting event Monday evening in New York City, raised the bar on promotional acuity in its selection of bottles to serve. The wines echo the kind of investing it does.
4 min read · 12 November 2014
The departure of Thomson Reuters and what used to be called its Venture Economics division from the field of performance benchmarking has left a vacuum that relative newcomer Bison has been working to fill.
3 min read · 15 October 2014
Wondering why you're paying so much to have routine legal documents prepared? The question lies at the heart of the business model of a start-up company called InCloudCounsel, sister magazine Buyouts reports.
3 min read · 06 August 2014
Long-time fund-raisers Mac Hofeditz and Shannon Zoller have joined the San Francisco office of investment bank GCA Savvian Corp to launch a fund placement business. The firm has won its first two mandates, including one for University Ventures, and appears close to landing a third.
3 min read · 19 May 2014
Kenneth J. Kencel has resigned as president of Carlyle GMS Finance, a mid-market lending business of The Carlyle Group that recently passed the $1 billion mark raised on its debut fundraise but that has also seen several recent executive departures, sister magazine Buyouts reported.
3 min read · 15 May 2014
Kenneth J. Kencel has resigned as president of Carlyle GMS Finance, a mid-market lending business of The Carlyle Group that recently passed the $1 billion mark raised on its debut fundraise but that has also seen several recent executive departures.
3 min read · 14 May 2014
A little-noted aspect of the first set of examinations of private equity shops by the U.S. Securities and Exchange Commission is that the agency in some cases picked firms considered to be more likely to have compliance problems, sister magazine Buyouts reported. That fact may help explain the high percentage of problems found.
3 min read · 12 May 2014
