The New York-based infrastructure private equity firm has agreed to invest in Caiman Energy from its fourth fund, which is targeting $3.5bn.
2 min read · 05 January 2013
Senior investment officer Jim Treanor will step down from the $131bn pension system on 3 August. His resignation is the second high-profile private equity departure at a US public pension this week.
2 min read · 05 January 2013
The $14.6bn system has committed to ABRY Partners and American Securities, and has deployed more than half of the $275m set aside for private equity in 2011.
1 min read · 05 January 2013
Average private equity fund valuations at the end of the first quarter were down slightly compared to Q4 2010, but distributions in relation to drawn down capital shot up to levels not seen since 2008.
2 min read · 05 January 2013
The firm has promoted Anand Philip (pictured) to managing director and Joyce Demonteverde to vice president. The moves come as Castle Harlan prepares to defend its quick flip of Norcast.
2 min read · 05 January 2013
The Chicago-based firm has sold three companies in the past six weeks, and will come to market with its next fund before the end of the year.
2 min read · 05 January 2013
The purchase of medical device company Kinetic Concepts is Apax Partners' second biggest US buyout to date, and takes the value of its North American deals this year past $9bn.
2 min read · 05 January 2013
Private equity returns for FY 2011 at some of the largest pensions in the US have contributed to record high overall performance figures.
2 min read · 05 January 2013
American Securities Opportunities Fund, an affiliate of American Securities, has beat its target for its second fund focusing on distressed investing.
1 min read · 05 January 2013
The firm has hired former Sun Capital executive Gary Talarico (pictured) to replace Michael Frieze as CEO. Talarico has experience in Tokyo and will help the firm expand in Japan.
2 min read · 05 January 2013
