Private Equity
“You get up in the morning, you kiss your husband, and that’s all you see of him,” said Debbie Crump, her voice breaking. “What can I say? Half of me died the day he died.”
6 min read · 06 April 2015
LP demand for stakes in large and $1 billion-plus buyout funds pushed fundraising to $49.7 billion in the first quarter, a 27 percent increase from $39.1 billion in the same period a year ago, according to Buyouts data.
3 min read · 06 April 2015
Private equity firms are hitting their fund targets in a shorter amount of time than at any other point since 2008, according to data released by Preqin on April 1.
2 min read · 01 April 2015
ONLYThe Teacher Retirement System of Texas (TRS) allocated $2 billion each to separate accounts with Apollo Global Management and Kohlberg Kravis Roberts & Co at its March 26 meeting, spokeswoman Juliana Fernandez Helton said in an email.
1 min read · 31 March 2015
The California State Teachers’ Retirement System committed more than $1.4 billion to private equity during the second half of 2014, according to a Pension Consulting Alliance report included in the retirement system’s April 3 meeting materials.
1 min read · 31 March 2015
The SEC accused Lynn Tilton and her firm Patriarch Partners of fraud Monday, alleging the firm and its outspoken founder misled investors by assigning false valuations to loans held by three of its CLO funds.
2 min read · 30 March 2015
The SEC accused Lynn Tilton and her firm Patriarch Partners of fraud Monday, alleging the firm and its outspoken founder misled investors by assigning false valuations to loans held by three of its CLO funds.
2 min read · 30 March 2015
Los Angeles City Employees’ Retirement System’s private equity portfolio distributed a little more than $30 million in its last fiscal year, about 24 percent less than it received from distributions in the prior fiscal year, according to retirement system documents.
2 min read · 28 March 2015
The Carlyle Group has more than $9 billion of dry powder at its disposal for opportunities in the energy sector, said Deputy Chief Investment Officer and Managing Director Kewsong Lee.
2 min read · 26 March 2015
SEC scrutiny of the private equity industry has aided limited partners seeking greater transparency and reduced fees from fund managers, LPs said at the Buyouts East conference on March 24.
2 min read · 24 March 2015
