Private Equity
ACON Investments, which specializes in Latin American buyouts and companies that aim to capitalize on the growing U.S. Hispanic marketplace, reached a final close on its third flagship fund, ACON Equity Partners III LP, raising $751 million, according to the firm. The new fund, which has been in the market since the fall of 2011, exceeded its original $600 million target.
2 min read · 07 June 2013
3 min read · 06 June 2013
With a $250 million follow-up commitment from the Oregon Investment Council, Kohlberg Kravis Roberts & Co’s latest flagship fund is within reach of its $8 billion target, a fundraising goal the firm started pursuing nearly two and a half years ago.
3 min read · 03 June 2013
Solera Capital, one of the industry’s few women-led firms, has failed to immediately win a $50 million commitment from the Oregon Investment Council, which opted to table the prospective investment to Solera Capital Partners II LP pending further review, according to James Sinks, a council spokesman. The new fund has a $350 million target.
3 min read · 30 May 2013
Wayzata Investment Partners, a distressed debt-shop with a penchant for taking control of companies, closed on its third fund, Wayzata Opportunities Fund III LP, having raised $2.7 billion, slightly more than the initial $2.5 billion target. The firm started raising Fund III in the third quarter of 2011.
2 min read · 28 May 2013
3 min read · 26 May 2013
Barry Miller, who has been head of private equity for the New York City Retirement Systems, has decided to join Landmark Partners, a secondary firm to which the pension recently made a sizeable commitment. The timing of Miller’s move raises questions about whether the city, and pensions generally, should have stricter rules governing employees who wish to leave for money managers, according to Buyouts, peHUB's sister magazine...
4 min read · 24 May 2013
Some dozen years after the launch of its debut fund, Solera Capital is raising a second vehicle, Solera Capital Partners II LP.
2 min read · 24 May 2013
Barry Miller, who has been head of private equity for the New York City Retirement Systems, has decided to join Landmark Partners, a secondary firm to which the pension recently made a sizeable commitment. The timing of Miller’s move raises questions about whether the city, and pensions generally, should have stricter rules governing employees who wish to leave for money managers.
4 min read · 23 May 2013
The departure of Barry Miller as head of private equity for the New York City Retirement Systems sharpens the speculation about who will manage the city’s Bureau of Asset Management once a new comptroller is elected in November.
2 min read · 23 May 2013
