Phil Rotner had served as managing director of private equity at the MIT endowment.
2 min read · 17 August 2017
The average multiple was inflated by buyouts of $1bn and above, and by consumer and tech transactions.
2 min read · 16 August 2017
Apollo’s stock, which falls under the growth and expansion strategy in the pension plan’s private equity portfolio, grew nearly 75% in the year ended 30 June.
2 min read · 16 August 2017
Some board members asked whether it is reducing the investment opportunity set by consolidating its roster of managers.
2 min read · 15 August 2017
The Cambridge Associates US private equity index had its best year since 2013.
2 min read · 09 August 2017
The former captive unit of Deutsche Bank is no longer the parent company’s ‘neglected child’.<br /><br />
3 min read · 08 August 2017
The Oregon Investment Council plans to hire three new investment officers to focus on private equity, real estate and other alternative investment strategies.
2 min read · 02 August 2017
Investors received a letter on Wednesday outlining the terms of the secondaries transaction, which includes a staple commitment to BC Partners’ latest fund.
2 min read · 07 July 2017
Private equity investors and competitors are either scratching their heads at Sycamore’s purchase of brick-and-mortar retailer Staples or see its founder Stefan Kaluzny as a 'brilliant inventive contrarian'.
3 min read · 03 July 2017
The Commission anticipates the number of investment advisor exams could rise by a further 5% in 2018 while it also plans to ramp up cybersecurity-related inspections.
2 min read · 28 June 2017