In an effort to broaden its portfolio mix, Cambridge University recently formed an advisory board, including Yale investment guru David Swensen and Permira partner Damon Buffini. By Paul Fruchbom.
2 min read · 30 December 2012
A few months after CalPERS chief investment officer Mark Anson warned of a private equity “bubble”, the board of the California pension fund will soon decide whether to give him more autonomy in making private equity allocation decisions. By Paul Fruchbom
3 min read · 30 December 2012
A month after retiring as a senior advisor at The Carlyle Group, the former secretary of state has joined the Dallas-based private equity firm, founded by former Carlyle professionals, as a partner.
2 min read · 30 December 2012
Morgan Stanley and the World Bank have taken a 14 percent stake in publicly traded Anhui Conch Cement, mainland China’s largest cement company, for approximately $215m.
2 min read · 30 December 2012
The New York-based mezzanine firm closed its fourth fund on $800m, four times as large as its last vehicle.
1 min read · 30 December 2012
In an effort to turn South Korea into a financial hub, the government has recently established a $20 billion investment fund modeled on GIC, the investment arm of the government of Singapore.
2 min read · 30 December 2012
Following a recent fact-finding trip to China, the board of CalPERS is re-assessing its investment strategy in the world’s most populous country. By Paul Fruchbom.
2 min read · 30 December 2012
In a transaction involving two beleaguered private equity firms, Forstmann Little will acquire 24 Hour Fitness from McCown De Leeuw for approximately $1.6bn.
2 min read · 30 December 2012
Taking a cue from the largest state pension funds, Wal-Mart has recently announced a $25 million private equity fund targeting women- and minority-owned businesses. Can private equity be good for a company’s image?
3 min read · 30 December 2012
Fifteen months after acquiring German dental equipment manufacturer Sirona for €418m, the Swedish private equity firm has sold the company to Madison Dearborn in a deal that fetched approximately €800m.
2 min read · 30 December 2012
