The firm is participating in a $3.3bn public offering for a 10% stake in the Russian state-owned bank.
1 min read · 05 January 2013
Limited partners will continue to push for more ‘investor-friendly’ terms in 2011 and are expected to receive ‘more favourable treatment’ from managers, according to a new report.
1 min read · 05 January 2013
The firms have teamed up to acquire online travel agent Opodo, owned by travel group Amadeus. AXA and Permira plan to merge Opodo with two other internet travel companies.
2 min read · 05 January 2013
The secondaries firm has hired two deal sourcing agents in Mumbai as it looks to expand its presence in emerging markets.
2 min read · 05 January 2013
The Toronto-based mid-market firm beat its C$850m target and received commitments from a large group of international limited partners, says partner Steve Dent.
1 min read · 05 January 2013
The $24bn pension recently cut its long-term allocation target to private equity from 24.5% to 15% as it follows a strategy of only committing capital to existing managers.
1 min read · 05 January 2013
The New York-based firm will co-invest with US private equity funds and make direct investments in companies with less than $8m in EBITDA.
2 min read · 05 January 2013
Private equity-backed buyouts in 2010 totalled $221bn, the highest amount since 2008's $240bn, but fundraising for the year showed no increase over 2009.
2 min read · 05 January 2013
The average bid price for buyout funds rose to about 90 percent of NAV in H2 2010, ending a year that recorded a record $20bn of secondary volume.
2 min read · 05 January 2013
The San Francisco-based mid-market firm was launched in 2010 by three former executives at Golden Gate Capital, including co-founder Jesse Rogers.
1 min read · 05 January 2013