The Chicago-based firm, which most recently hired vice president Stephen Jeschke from Bain Capital, has promoted two vice presidents to principals.
1 min read · 06 January 2013
The Euronext-listed firm has reaped a 9.1% gain in net asset value, driven primarily from HarbourVest US fund of funds.
2 min read · 06 January 2013
Graham Thomas, who left Standard Bank in July when the South African lender was scaling back its principal investing business, has joined UK-listed RIT Capital Partners.
2 min read · 06 January 2013
The firm has raised $575m for its third buyout fund that will target companies in the defense, aerospace and maritime sectors.
1 min read · 06 January 2013
The $26.2bn system has committed $750m to a ‘strategic partnership’ with TCW spin-out Crescent Capital Group. South Carolina previously set up a $759m separate account with Apollo Global Management in 2009.
2 min read · 06 January 2013
The firm has made four investments in Europe this year and is more active in the region than in the US, says president Tony James.
2 min read · 06 January 2013
Non-US developed market and emerging market private equity and venture capital outperformed the corresponding public markets in the first quarter, according to Cambridge Associates, which has made its private equity and venture capital data available to the public for the first time.
2 min read · 06 January 2013
Avedon Capital Partners has completed its spin-out from Dutch bank NIBC, a transaction led by Goldman Sachs Asset Management. Goldman is taking a stake in the group's prior fund and is also one of three major backers for Avedon's current fund, which is targeting €200m.
2 min read · 06 January 2013
The $26bn system, which returned 5.9% in its private equity portfolio during the second quarter, has hired StepStone Group as its alternatives consultant.
1 min read · 06 January 2013
A new private capital database from the Private Capital Research Institution will help enhance the long-term sustainability of the private equity asset class, according to ILPA executive director Kathy Jeramaz-Larson.
2 min read · 06 January 2013
