Private Equity
Ordinarily you have to be a limited partner to serve on the advisory board of New Enterprise Associates. But Tom Judge continued on even after he left AT&T Investment Management Corp, where he managed the private equity portfolio from 1980 to 1995.
6 min read · 19 March 2014
Jamie Ebersole has stepped down as a managing director of funds-of-funds manager SL Capital Partners to launch his own advisory shop, Buyouts Magazine has learned.
2 min read · 17 March 2014
Thomson Reuters has struck a deal with consulting firm Cambridge Associates to provide the latter’s private equity benchmarking data to subscribers of Thomson Reuters Eikon, the company’s flagship news, data, analytics and trading service for financial executives.
4 min read · 13 March 2014
Direct investments by the California Public Employees' Retirement System and OMERS Private Equity have generated strong returns, suggesting that a recent Harvard Business School paper showing that directs do no better than fund investments won’t end debate on the question.
4 min read · 11 March 2014
Some people have the good fortune to spend their careers turning that most cynical of chestnuts — ”life is not fair” — on its head.
4 min read · 10 March 2014
A late February article by Bloomberg News said that regulators were considering an exemption for private equity shops from a requirement that they would have to register as broker-dealers to the extent they collected deal fees from portfolio companies. The story quoted a “person with knowledge of the matter” without naming the source.
3 min read · 04 March 2014
4 min read · 04 March 2014
Direct investments by two of the world’s largest pension funds have generated strong returns, suggesting that a recent Harvard Business School paper showing that directs do no better than fund investments won’t end debate on the question.
4 min read · 04 March 2014
Alvarez & Marsal Capital Partners, a Greenwich, Connecticut-based buyout shop closely aligned with restructuring shop Alvarez & Marsal, has beaten the $500 million target on its debut fund with a $600 million fundraise.
3 min read · 04 March 2014
Leon Black, chairman and CEO of mega-firm Apollo Global Management, was widely quoted last April saying at the Milken Institute Global Conference that the firm was “selling everything that’s not nailed down.” But that doesn’t mean the executive hasn’t seen opportunities to invest in energy, corporate carveouts, non-performing loans in Europe and overleveraged companies in India.
3 min read · 28 February 2014
