The commitment would represent a new manager relationship for the $8.1bn pension, which has a 4.5% target allocation to buyout and growth capital investments.
2 min read · 06 January 2013
Private equity-backed buyouts rose 28% during Q2 2011, while fundraising experienced a slight decline from the previous quarter.
2 min read · 06 January 2013
The $109bn pension has consolidated its domestic and international private equity advisors, and will aim to spend $1.5bn on the asset class this year.
1 min read · 06 January 2013
The $9.3bn retirement system is hiring its first-ever private equity advisor, and is one of a number of US public pensions making changes to investment consultant relationships.
2 min read · 06 January 2013
GP Investments has taken a 100% ownership stake in Brazilian restaurant franchise Fogo de Chão after acquiring a 35% stake in the company in 2006.
2 min read · 06 January 2013
The firm beat its $400m target and $425m hard-cap, and will make investments of between $25m and $75m in Canada and the US.
2 min read · 06 January 2013
The $13.8bn pension will allocate about $1bn to private assets in FY 2012, and for the first time will have a dedicated infrastructure allocation.
1 min read · 06 January 2013
With the creation of Access Point Financial, the firm has deployed roughly 30% of its $3.5bn fifth fund, some of which has been in US banking platforms, says CEO Charles Davis.
2 min read · 06 January 2013
The firm has a history of large healthcare-related investments, including last week’s $3bn take-private of medical payment manager Emdeon, representing the firm’s fourth largest deal since 2007.
3 min read · 06 January 2013
Shorter-term venture performance showed significant improvement in Q1 2011, with modest increases in the three-, five- and 10-year periods, says NVCA president Mark Heesen.
2 min read · 05 January 2013
