Harvest Partners has agreed to sell US Silica to distressed specialist Harginger Capital Partners, just one month after acquiring the silica sand producer.
1 min read · 04 January 2013
An internal Citi research report finds that 75 percent of pension fund managers plan to increase their allocation to private equity over the next three years, potentially injecting $400 billion into the asset class.
2 min read · 04 January 2013
Private equity general partners yesterday found themselves pressed to defend the value of their industry amid criticism at the American Enterprise Institute's private equity conference.
2 min read · 04 January 2013
Veritas Capital has sold defence contractor Athena Innovative Solutions to CACI International for an undisclosed amount.
1 min read · 04 January 2013
JC Flowers reportedly sent a letter to its limited partners today telling them they may have to pay $192 million in breakup fees to Sallie Mae.
2 min read · 04 January 2013
Bessemer Venture Partners will go ‘carbon neutral’ by the end of the year, a step few private equity or venture capital firms appear poised to take.
3 min read · 04 January 2013
HarbourVest Partners may list on the Euronext a fund of funds vehicle that would invest in the US firm's existing funds.
2 min read · 04 January 2013
Rivenrock Capital has bought Small World Toys out of bankruptcy in yet another distressed play amid tightening credit markets.
2 min read · 04 January 2013
China will reportedly launch its $200 billion, Temasek-style fund tomorrow.
1 min read · 04 January 2013
Kentucky Retirement Systems has reportedly committed $275 million to alternatives, including $75 million to an emerging private equity manager programme – a growing trend among public pensions.
1 min read · 04 January 2013
