The state has set aside new allocations to private equity, debt and infrastructure and for the first time is searching for managers to invest in timber assets.
1 min read · 05 January 2013
Year end results show the Canada Pension Plan’s private equity portfolio increased in value from C$16.1bn to C$22.7bn, helping the pension’s total assets reach a record C$148.2bn.
2 min read · 05 January 2013
The global alternatives group distributed $6.4bn to investors in the first quarter this year, almost as much as the $7.5bn it returned in 2010, according to the David Rubenstein-led firm’s annual report.
2 min read · 05 January 2013
Veronis Suhler Stevenson has sold financial data and software company Ipreo to KKR. VSS created its financial information platform in 2003, says partner Scott Troeller.
2 min read · 05 January 2013
The firm has purchased a majority stake in Gallus BioPharmaceuticals, its fourth acquisition since spinning out of Bank of America last August.
1 min read · 05 January 2013
Aggregate fund values were written up an average of 7.65% in the fourth quarter, the seventh consecutive quarter of positive fund valuations, according to State Street.
1 min read · 05 January 2013
San Francisco-based Industrial Growth Partners has collected $400m for its fourth fund and is expecting to hold a final close before the end of May.
1 min read · 05 January 2013
The record label backed by Bain Capital, Providence Equity Partners and Thomas H. Lee Partners is to be sold to Len Blavatnik’s Access Industries before the end of Q3 2011.
2 min read · 05 January 2013
The lower mid-market firm has sold microelectronics company Coining for $148m, generating a 76% IRR.
1 min read · 05 January 2013
Political risk and inflation were among challenges highlighted by Abraaj's Arif Naqvi, Actis' Jonathan Bond and Global Environment Fund's Jeffrey Leonard while speaking at an industry conference.
2 min read · 05 January 2013