The firm is approaching its $600m target for its second fund of funds focused on small buyouts and is also raising its BRIC Opportunities Fund III, targeting $1bn.
1 min read · 20 September 2013
Roughly 12 years after purchasing a minority stake in Carlyle’s management company, CalPERS plans to exit its investment in the fund manager via a Carlyle secondary offering.
2 min read · 20 September 2013
The mid-market firm is targeting $300m for its Fund II, well above the $180m it collected for its debut vehicle in 2009.
1 min read · 20 September 2013
The Private Equity Group is nearing the $780m it raised for secondaries in 2009.
1 min read · 20 September 2013
Listed investment holding company Alleghany Corporation has bought a minority stake in Ares for $250m, joining existing investor the Abu Dhabi Investment Authority, and will commit up to $1bn in various Ares funds.
1 min read · 19 September 2013
Despite a more favourable outlook for IPOs in both the US and Europe, US companies may soon report ‘disappointing earnings’ while uncertainty in Europe will keep deal volumes at low levels, according to Swiss advisory firm SCM.
2 min read · 19 September 2013
The education sector is ripe with attractive businesses that perform well throughout market conditions, says principal at Sterling Partners Kim Vender Moffat.
2 min read · 19 September 2013
M&A activity in the US should stabilise for the remainder of 2013, while the US private equity market is also poised for a steady level of activity through the end of the year, according to PwC.
2 min read · 19 September 2013
PSP Investments’ private equity return helped grow the pension’s total assets to a record C$76bn during the 12-month period ending 31 March 2013.
1 min read · 19 September 2013
The firm has raised more than double the amount collected by its $118m second fund in 2008.
2 min read · 19 September 2013
