It is unclear what co-founder Marc Lasry’s departure would mean for Avenue Capital. Pensions documents list him as a key man on the firm’s most recent special situations fund.
2 min read · 23 January 2014
As LP concerns with portfolio liquidity fall, willingness to invest in illiquid strategies like private equity and venture capital has grown.
2 min read · 23 January 2014
A University of Oxford analysis of CalPERS’ private equity portfolio has found that GPs inflate valuations of existing portfolio companies while marketing follow-on funds.
3 min read · 23 January 2014
Representative Robert Hurt’s bill would remove a registration requirement for private equity firms instituted by Dodd-Frank.
3 min read · 23 January 2014
The firm has appointed William Charlton, a lecturer at the University of Texas, who will take on some of the responsibilities of former partner Garth Troxell.
2 min read · 23 January 2014
The slowdown in Brazil’s economic growth – and a possible over-supply of capital – has led some to question whether the country is still a viable destination for private equity investment, writes Sam Sutton
7 min read · 23 January 2014
Kohlberg Kravis Roberts has agreed to a $3.9bn deal for manufacturer Gardner Denver, an industrial products manufacturer that announced a ‘restructuring initiative’ to lower costs last year.
2 min read · 23 January 2014
The Carlyle Group is considering opening an office in Jakarta to improve access to Southeast Asian markets, says COO Glenn Youngkin.
2 min read · 23 January 2014
Five years after being acquired for $48bn by KKR and TPG, the prognosis of Energy Future Holdings has grown bleak.
5 min read · 23 January 2014
Global deal volume remains relatively stable despite a $1tn dry powder load at the beginning of the year and readily available credit for leveraged buyouts.
3 min read · 23 January 2014
