The New Jersey Division of Investment has committed $125m to two managers shortly after selling around $268m in assets. New Jersey plans to generate roughly $535m more in sale proceeds before the end of 2011.
2 min read · 06 January 2013
The social online gaming company’s liquidity event could increase LP appetite for venture capital, considered by some LPs to be the ‘least loved’ of the asset classes.
3 min read · 06 January 2013
TPG’s growth investment platform has purchased software and services company MarketTools. TPG will transfer three of MarketTools’ business lines to web-based survey company SurveyMonkey for a minority stake in the business.
2 min read · 06 January 2013
The firm has acquired product testing business DTL, bringing 3i’s fifth European fund to 83% invested. The sector has attracted growing interest from private equity firms in recent years.
2 min read · 06 January 2013
The $50bn pension, which has a 10% allocation to private equity, has committed $50m to TSG Consumer Partners VI, which closed earlier this month on $1.3bn after only 60 days in the market.
1 min read · 06 January 2013
The New York-based energy and financial services investor has promoted Andre Burba to managing director. Pine Brook sealed its first exit from its debut fund in 2010.
1 min read · 06 January 2013
The firm has added Jeff Epstein, former chief financial officer of Oracle, to advise on existing portfolio companies and investment opportunities in the technology sector.
1 min read · 06 January 2013
The investment in Blue Coat Systems is Thoma Bravo’s fifth security technology platform investment and second investment alongside the Ontario Teachers’ Pension Plan.
1 min read · 06 January 2013
Carlyle’s buyout of Churchill Financial highlights an opportunity to back mid-market lenders, a segment that can benefit from more private equity players, says Monroe Capital's Ted Koenig.
4 min read · 06 January 2013
Jeffrey Goldstein has rejoined Hellman & Friedman as a managing director after leaving in 2009 to work for the US treasury. Goldstein will focus on financial services and LP liaison duties.
1 min read · 06 January 2013
