Graham Winfrey
The Dutch company backed by KKR, Bain, Silver Lake, Apax and AlpInvest aims to raise as much at $714m in an initial public offering that had originally targeted more than $1bn.
The US pension refuses to ‘sell at loss’, temporarily shifting 5% of its equities portfolio to private equity, real estate and fixed income to take advantage of distress.
The New York-based firm, which spun out of Arsenal Capital in 2007, has hired two Arsenal healthcare specialists, including Aaron Davenport.
General Atlantic is exiting its minority position in healthcare management company Qualicorp as Carlyle takes control.
The New York-based firm has sold lawn and garden tool manufacturer Ames True Temper for roughly $160m more than its purchase price in 2004.
The Silicon Valley veteran fell short of a $400m target, which had been revised down from $600m.
The London-based oil and gas firm has postponed its $500m initial public offering on the London Stock Exchange, citing weak market conditions.
The pension’s investment committee has approved a $20 million commitment to private equity firm JMI Equity’s seventh fund, which began raising capital last month.
Shares of Kohlberg Kravis Roberts fell 2.9% in the firm’s debut on the New York Stock Exchange Thursday, after a strong final two weeks on the Amsterdam Euronext heading into the relisting.
Former Blackstone executive Harry Wilson, running to be New York's next comptroller, wants to build an additional layer of protection to the pension's investment process.