Private Equity
1 min read · 01 March 2012
2 min read · 28 February 2012
After a four-month search, the $83 billion State of Wisconsin Investment Board named Michael Williamson as its new executive director, Buyouts magazine reported today.
2 min read · 22 February 2012
The Washington State Investment Board, which manages more than $80 billion in pension assets, made more than $1 billion in commitments to a trio of private equity funds, two of which just started their fundraising efforts.
2 min read · 17 February 2012
Parthenon Capital Partners, a Boston and San Francisco-based mid-market firm, has closed its latest fund, Parthenon Investors IV LP, with $700 million in commitments, above its initial $600 million goal.
2 min read · 17 February 2012
The State of Wisconsin Investment Board, which manages $83 billion in pension funds, made a slew of private equity commitments worth $291 million in the fourth quarter, according to documents made available after its Feb. 8 board meeting. Overall, Wisconsin oversees $13.6 billion in private equity commitments, including ...
2 min read · 13 February 2012
The $145 billion retirement system is actively considering making large separate account commitments through its private equity program, according to Buyouts magazine.
5 min read · 09 February 2012
A senior executive at Ares Management said the firm plans to announce a first close on its new $4 billion buyout and growth capital fund, Ares Corporate Opportunities Fund IV LP, during the first quarter of 2012. Ares is known for investing in such high profile firms as GNC Holdings, 99-Cent Only Stores and the Serta and Simmons Bedding Companies....
2 min read · 07 February 2012
The New Mexico State Investment Council, manager of the state’s $14.4 billion sovereign wealth fund, released a new long-range strategy for its private equity portfolio that envisions committing around $400 million per year through 2016, according to a copy of the strategy released at the Council’s Jan. 24 meeting. The strategy was prepared by Council’s private equity consultant, LP Capital Advisors. New Mexico’s private equity program has $1.7 billion in private equity capital as of Nov. 30th, about 12 percent of the portfolio. That is slightly above state’s private equity target allocation of 10 percent. The state’s long-range strategy, the report says...
2 min read · 28 January 2012
Brown Brothers Harriman & Co., a Wall Street firm that goes back nearly two centuries, announced that it closed on its fourth private equity fund, BBH Capital Partners IV LP, raising $517 million. The amount eclipsed the fund’s initial target of $300 million, which the firm set when it started raising money nine months ago. Like BBH’s previous funds, Fund IV will have a diversified focus, investing in both equity and debt, and both control and minority-stake situations. The firm, which has had a private equity group since 1989, manages $1.35 billion in private equity capital. While the fund plans to invest in a variety of industries...
3 min read · 19 January 2012
