The firm’s $48bn PE business is unlikely to see a ‘wave’ of realisations given market conditions, president Tony James admitted, as Q2 net income fell by 75% from last year's figure.
3 min read · 17 January 2013
The $233bn retirement system’s private equity portfolio was one of a handful of bright spots in its investment holdings, which generated only a 1% return over the year to 31 March.
2 min read · 17 January 2013
The retirement system’s $21bn private equity portfolio generated a 5.9% return last fiscal year, outperforming its overall portfolio by 4.1%.
1 min read · 17 January 2013
Joe Baratta’s new role, effective immediately, comes less than two years after he was asked to step up to lead the firm’s European private equity group.
1 min read · 17 January 2013
Summit Partners is less than $33m away from a $350m target on its credit fund, which launched last year.
1 min read · 17 January 2013
Seventy one individuals from firms including KKR and TPG have donated more than $8.2m to an independent committee dedicated to helping Mitt Romney win the US presidential election.
4 min read · 17 January 2013
Advent International and Oaktree Capital Management are two of the firms that drummed up commitments from the Tennessee Consolidated Retirement System.
2 min read · 17 January 2013
Former Credit Suisse Asset Management executive Mark Bourgeois will replace Atlantic-Pacific Capital’s founder, James Manley, as CEO. Manley (pictured) will remain chairman.
1 min read · 17 January 2013
With the private equity industry embroiled by the controversy surrounding the US presidential election, PEGCC chief Steve Judge sees an opportunity to educate the media and public.
4 min read · 17 January 2013
The firm has offered to acquire German-coffee machine company WMF for €47 per share, a 24% premium on WMF’s 5 July closing price.
1 min read · 17 January 2013
