The firm has agreed to sell its majority stake in Del Monte Canada to ConAgra Foods. Sun created the company in 2006 after combining a number of businesses owned by Kraft.
2 min read · 06 January 2013
The firm has promoted 41 total professionals across its buyout, growth capital, real estate, investor relations and global market strategies groups.
1 min read · 06 January 2013
While limited partners have had success negotiating fund terms and conditions, changing distribution structures remains a hard sell.
2 min read · 06 January 2013
The firm has completed its first deal of the year, investing $238m from both its latest buyout and venture capital funds in consumer warranty provider SquareTrade.
2 min read · 06 January 2013
The $51bn pension is dedicating $100m for opportunistic secondaries and co-investments with existing managers.
2 min read · 06 January 2013
The firm has hired former co-head of Morgan Stanley Private Equity Stephen Trevor as a senior managing director to help expand Avenue’s new distressed-for-control investment initiative.
2 min read · 06 January 2013
The firm has hired former Advent managing director Martin Escobari to head up General Atlantic’s Brazil office and Latin American investing programme.
1 min read · 06 January 2013
The firm is targeting $600m for its third fund, which launched in Q2 2011.
1 min read · 06 January 2013
The North Carolina-based firm has collected $342m for its second venture capital and growth equity fund of funds, which has committed to nine managers and is nearly 50% invested.
2 min read · 06 January 2013
The firm’s third divestment from Chr. Hansen generates a 4x overall return in what PAI says is its largest-ever exit.
2 min read · 06 January 2013
