Fort Washington Capital Partners is targeting $250 million for its sixth fund of funds, which will invest in equal numbers of venture and private equity funds.
2 min read · 04 January 2013
American Capital has sold Swank Audio Visuals to Code Hennessy & Simmons, earning a three times return. The firm provided $48.5 million in debt financing for the deal.
1 min read · 04 January 2013
Sentinel Capital Partners, unhampered by the credit crunch, is continuing a fast-paced year. This week the firm acquired one auto parts supplier and sold another.
2 min read · 04 January 2013
Dubai investment group Istithmar has opened an office in Shanghai; it is the firm’s first office outside of the United Arab Emirates.
1 min read · 04 January 2013
Texas Teachers’ alternatives head Keith Garrison has resigned in order to fill the same role at the Texas Christian University endowment, following former Texas Teachers CIO James Hille.
1 min read · 04 January 2013
Emerging Capital Partners has made its fourth investment in the African mining sector with the acquisition of a 16 percent stake in gold producer Central African Gold.
2 min read · 04 January 2013
GP Investments has opened its first office outside of Brazil, part of its previously announced regional expansion.
1 min read · 04 January 2013
Vikram Pandit, a fund of funds entrepreneur and former Morgan Stanley executive, will lead Citi’s newly combined alternative assets and investment banking units, making him a direct report to chairman Chuck Prince.
2 min read · 04 January 2013
Ford Motor Company’s US pension plan will seek to reduce its vulnerability to a stock market decline by increasing its alternatives allocation from 5 percent to 20 percent.
2 min read · 04 January 2013
Tom Gores’ Platinum Equity will add to its already substantial telecom portfolio with the acquisition of Covad Communications.
1 min read · 04 January 2013
