Providence will commit capital from its Fund VI to the partnership, which will target growth equity investments in North America, Europe and Asia.
1 min read · 21 September 2013
The firm has added two operating executives this year, bringing its team of operating partners to nine.
2 min read · 21 September 2013
The $12.4bn retirement system has a 5% target allocation to private equity and $170m for the asset class in 2013.
1 min read · 21 September 2013
The firm has raised roughly $150m more than its predecessor fund, attracting the majority of commitments from existing limited partners.
1 min read · 21 September 2013
Private equity firms completed more than 100 acquisitions in insurance-related companies during 2011 and 2012 and will increase investments in the sector in 2013, according to Deloitte.
2 min read · 21 September 2013
The financial services firm is targeting $400m for its debut private equity fund and has already completed two investments.
2 min read · 21 September 2013
The firm raised $135m more than its predecessor fund by expanding its LP base beyond banks and insurance companies to include pension funds, endowments and fund of funds.
2 min read · 21 September 2013
Hermes GPE’s head of the Americas talks to PEI about co-investing, mega-funds and the process of reducing relationships.
2 min read · 21 September 2013
Mitt Romney will join son Tagg Romney’s Boston-based firm Solamere Capital in a part-time capacity and will not participate in fundraising, according to a report.
1 min read · 21 September 2013
NB Strategic Co-Investment Partners Fund II has completed nine transactions, investing roughly $185m alongside private equity fund managers.
1 min read · 21 September 2013
