The lower mid-market firm has acquired wireless infrastructure provider Mobilitie, bringing its $400m third fund to roughly 35% invested.
2 min read · 23 January 2014
The firm raised $250m more than its 2006 vintage predecessor fund and will continue HIG’s strategy of investing in lower mid-market businesses in the US.
1 min read · 23 January 2014
The firm raised $14bn in 2012 and generated $18.7bn of carry fund realisations, just north of the $17.6bn recorded in 2011.
3 min read · 22 January 2014
The US mid-market firm has completed the sale of automotive component maker Huron, generating more than a 30% IRR since acquiring the company in 2005.
2 min read · 22 January 2014
The Canadian pension plan’s private equity portfolio outperformed all other asset classes in 2012, driven by its shift into direct investing, says OMERS Private Equity CEO Paul Renaud.
2 min read · 22 January 2014
The results are in: Carlyle and Partners Group claimed top prizes in multiple categories, with groups including Apollo, Landmark, Actis, Navis and EQT also proving themselves as standout players.
3 min read · 22 January 2014
The $9.9bn pension will commit between $225m and $250m to private equity in 2013.
2 min read · 22 January 2014
The $16.6bn system plans to commit around $450m to private equity in 2013.
2 min read · 22 January 2014
The New York state pension will allocate $250m to a joint venture with former Parish Capital executive Robert Azeke and the founder of Advent International, Peter Brooke.
2 min read · 22 January 2014
Ronan Cunningham, former head of private equity at the Irish National Pensions Reserve Fund, has been named head of investor relations at Spectrum Equity.
1 min read · 22 January 2014