Jennifer Harris

Garrison to leave Texas Teachers(3)

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.

Sentinel in two auto parts deals(2)

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.

Kellwood rejects $544m Sun Capital bid(3)

Clothing marketer the Kellwood Company, whose brands include Baby Phat and Nautica, has rejected Sun Capital’s $21 per share bid, deeming the offer price too low.

Lone Star seals Accredited deal for $311m(4)

Lone Star has finally completed its acquisition of Accredited Home Lenders. It paid $311 million for the mortgage company, a price significantly lower than its original bid.

Elevation makes 2x on first exit(3)

Two years after merging video game developers BioWare and Pandemic, Elevation Partners has doubled its money by selling the combined company to Electronic Arts, led by former Elevation partner John Riccitiello.

Lehman raises $670m for ‘hung bridge’ fund(4)

Lehman Brothers is following the example of Golman Sachs, KKR and others in launching a fund that will pick up deal-related debt at a discount.

New Venture Partners opens Silicon Valley office(2)

Lucent Technologies spin-out New Venture Partners will bring its corporate technology spin-out model to Silicon Valley, a move enabled by the addition of former Intel research director David Tennenhouse.

New Mexico tops Texas Teachers with largest alternatives allocation of US pensions(4)

The New Mexico Educational Retirement Board has upped its alternatives allocation from 15 percent of total assets to 35 percent at the expense of the equities and fixed income asset classes. The new target surpasses that of the Teacher Retirement System of Texas as the largest alternatives allocation of any US pension plan.

Garrison to leave Texas Teachers(2)

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.

CVC in $750m Taiwanese window deal(4)

CVC Asia Pacific added a $200 million mainland blind manufacturing business to its basket before closing the $750 million deal for shutter manufacturer Nien Made.