The San Francisco-based firm, launched by CalPERS last year, has hired former Goldman Sachs healthcare specialist Christopher McFadden to head its first East Coast presence. Health Evolution has already invested and exited one portfolio company with a markup 'north of 25%'.
3 min read · 05 January 2013
The acquisition of waste management group EnviroServ is reportedly the largest public-to-private transaction in South Africa this year.
1 min read · 05 January 2013
The $2.7bn Fresno County Employees’ Retirement Association has increased its exposure to real estate and private equity while launching a new ‘real asset’ allocation, which includes infrastructure.
1 min read · 05 January 2013
The $184bn pension, struggling with the denominator effect, committed $750m to Blackstone’s previous buyout vehicle. CalPERS documents confirmed rumours that Blackstone has lowered its fund target to between $15bn and $20bn.
1 min read · 05 January 2013
The online marketplace for holiday home rentals has attracted a record financing round from investors amid a difficult funding environment. Austin Ventures and Redpoint Ventures seeded HomeAway in 2005.
1 min read · 05 January 2013
The mid-market firm has added William Bixby, who helped co-found The Riverside Company’s Dallas office in 2001, as a partner.
1 min read · 05 January 2013
The West- and Central African-focused firm has invested an undisclosed amount in Dorman Long Engineering, a Nigerian oil and gas services provider. In May, Travant held a $107m first close on its debut fund, which is targeting $300m in commitments.
1 min read · 05 January 2013
The $147bn pension has responded to the denominator effect by increasing the amount it is allowed to invest in private equity to 15% of total assets. CalSTRS has similarly bumped its real estate allocation.
3 min read · 05 January 2013
The Los Angeles-based firm has purchased a 17% stake in the Nasdaq-listed organic foods grocer, which has struggled amid cutbacks in consumer spending. Leonard Green is investing from its fifth private equity fund, which closed last year on $5.3bn.
2 min read · 05 January 2013
The private equity giant has named Christopher Dodds as a senior advisor less than three months after the departure of financial services co-head David Zweiner. In related news, the firm also exited telecom company Crest Communications for $70m.
2 min read · 05 January 2013
