The Los Angeles County Employees Retirement System previously committed to Nordic Capital’s seventh fund, which has already completed at least 12 portfolio acquisitions.
1 min read · 17 January 2013
Thursday night’s Vice Presidential debate included a pointed reference to carried interest’s tax treatment, which Vice President Joe Biden referred to as a loophole.
2 min read · 17 January 2013
The Bradley Cooper and Robert Spass-led Capital Z Partners has set a $400m target for Fund V.
1 min read · 17 January 2013
Former PricewaterhouseCoopers CEO Jim Schiro has been appointed to CVC's advisory board as the firm sets out to deploy $6bn in uninvested capital.
1 min read · 17 January 2013
Amid criticism that CalPERS has moved away from its emerging managers strategy, the system announced a series of workshops dedicated to emerging managers.
3 min read · 17 January 2013
Private equity executives’ emails are being used as evidence that some of the world’s most prominent firms allegedly colluded on mega-buyouts between 2003 and 2007, in an effort to drive down prices and limit competition.
2 min read · 17 January 2013
Warburg Pincus is targeting $12bn for its latest mega-buyout fund, which the firm plans to invest globally across a variety of strategies and sectors.
2 min read · 17 January 2013
KPS Capital Partners has notched a 70% compounded IRR through its sale of HHI Group Holdings to American Securities.
2 min read · 17 January 2013
The $50.8bn retirement system committed almost $950m to private debt funds at its meeting last month, focusing its strategy on the US and European mid-markets.
2 min read · 17 January 2013
The California Public Employees’ Retirement System will go it alone on an emerging manager workshop that had been billed as a joint effort with the California State Teachers’ Retirement System.
2 min read · 17 January 2013