Private Equity
Buyouts Senior Editor Sam Sutton recently asked five questions of FFL Partners Executive Investor Robert Eckert, the former CEO of Mattel, Inc. and Kraft Foods.
4 min read · 16 October 2014
Advent International plans to hold a first close on its latest Latin America fund in October, according to San Francisco Employees’ Retirement System documents obtained by Buyouts. San Francisco Employees’ committed up to $40 million to the fund at its Oct. 8 meeting, Commission Secretary Norm Nickens told Buyouts in an email.
2 min read · 15 October 2014
2 min read · 14 October 2014
The Los Angeles County Employees Retirement Association approved a commitment of up to $100 million to Centerbridge Partners’s third fund at its meeting the week of Oct. 6, Chief Investment Officer David Kushner told Buyouts in an email.
2 min read · 14 October 2014
Veronis Suhler Stevenson has sold its stake in insurance marketing services company Tranzact to a White Mountains Insurance Group affiliate. The deal values Tranzact at roughly $280 million.
2 min read · 13 October 2014
4 min read · 10 October 2014
Siris Capital is back in the market with a new fund less than two years after closing on roughly $650 million for its second flagship vehicle in late 2012.
2 min read · 08 October 2014
The U.S. Securities and Exchange Commission may consider significant changes to the definition of “accredited investor” pending a recommendation of an Investor Advisory Committee. The proposals could lead to the expansion or contraction in the number of people who qualify to participate in private offerings such as private equity funds.
2 min read · 03 October 2014
The Wyoming State Loan and Investment Board, which is at its 4 percent target allocation to private equity, is unlikely to commit $200 million that it had originally earmarked for the asset class, Chief Investment Officer Michael Walden-Newman told Buyouts.
1 min read · 02 October 2014
The Nebraska Investment Council named Deputy State Investment Officer Joseph Jurich to the role of acting state investment officer, the equivalent of CIO, at its Sept. 25 meeting. Jurich takes over for State Investment Officer Jeffrey States, who is scheduled to retire on Oct 3.
2 min read · 29 September 2014
