The US government agency will make commitments between $25m and $100m to new Latin American funds, ‘creating a carrot for Latin American private equity investments’.
2 min read · 04 January 2013
The California pension has now charged Invesco with investing a total of $300 million with less-established and sometimes overlooked GPs.
2 min read · 04 January 2013
The two Texas buyout firms have teamed up to buy American Beacon Advisors, a non-core asset American Airlines’ parent company first shopped in 2003.
2 min read · 04 January 2013
The global buyout firm has hired former Republican party chairman Ken Mehlman for a newly created post, its latest move toward internal institutionalisation before a public float.
2 min read · 04 January 2013
The pension’s lowest annual return for five years was boosted by alternatives, despite private equity returns falling by almost two-thirds. Teachers’ also faces a $587 million break-up fee if the BCE transaction fails to close.
3 min read · 04 January 2013
Apollo will debut on the NYSE, despite co-founder Leon Black's reservations about being in the public 'fish bowl'.
2 min read · 04 January 2013
A SPAC chaired by Hicks Muse alum Michael Levitt will take the $11.5 billion New York hedge fund public, a confluence of trends.
3 min read · 04 January 2013
As part of a renewed emphasis on alternative investments, the state's retirement fund has made commitments to venture, energy, and distressed funds.
2 min read · 04 January 2013
Joined by BlueCross BlueShield, the mega-buyout firm will pay $22 per share for TriZetto, a healthcare software company.
1 min read · 04 January 2013
The San Francisco-based venture firm has hired former Draper Richards partner Howard Hartenbaum.
1 min read · 04 January 2013