The firm has sold menswear brand Joseph Abboud for $98m nine years after buying the business.
2 min read · 19 September 2013
The lower mid-market firm continues to ramp up the target amount for its follow on funds, having raised $319m in 2005 and $765m in 2008.
2 min read · 19 September 2013
The firm’s third co-investment fund brings Lexington’s total capital raised for co-investments to about $4bn since 1998.
2 min read · 19 September 2013
The advisory firm’s sixth private equity fund of funds has collected roughly the same amount as its predecessor fund that closed in 2011.
1 min read · 19 September 2013
While Asia-focused funds continue to attract strong LP interest, global funds are shifting their attention toward the US, says Ernst & Young’s Jeffrey Bunder.
2 min read · 19 September 2013
The growth equity firm has promoted Charles Dieveney to the newly created role of COO and has named Randy Guttman as CFO.
1 min read · 19 September 2013
Private equity buyout and exit volume fell during the first half of 2013, while fundraising has risen 30%, according to a new report from Ernst & Young.
2 min read · 19 September 2013
GP distributions shot up 123% during the fourth quarter of 2012, marking the highest yearly and quarterly distributions in the 27-year history of Cambridge Associates’ Private Equity Index.
2 min read · 19 September 2013
The firm’s sale of storage technology company SMART Storage Systems marks Silver Lake’s first announced exit of 2013.
1 min read · 19 September 2013
Factoring in public market return data can help LPs identify managers who ‘systematically add value beyond what can be easily obtained from the public market’, according to a study from Landmark Partners.
2 min read · 19 September 2013