The deal, which eliminates the company’s bank debt, values Sir Philip Green’s fashion retailer at £2bn.
2 min read · 17 January 2013
Institutional Venture Partners has closed the largest fund in its 32 year history on $1bn, attracting substantial interest from existing limited partners.
2 min read · 06 January 2013
Coller Capital will manage the $9.3bn state workers retirement system’s $100m mandate to buy assets on the secondaries market.
2 min read · 06 January 2013
The $10.6bn School Employees Retirement System of Ohio plans to continue the process of building up its private equity portfolio in the next fiscal year, and may explore co-investment opportunities.
2 min read · 06 January 2013
Recent fund presentation documents indicate the firm is close to reaching the $800m target for its third fund of funds.
2 min read · 06 January 2013
In addition to commitments to Blue Point Capital Partners III and Catterton Partners VII, the $49.7bn retirement system also re-upped $200m to LLR Equity Partners IV.
2 min read · 06 January 2013
The industry group found that private equity indices and public pension portfolios consistently outperformed annualised S&P 500 returns in one, five and 10-year time horizons.
2 min read · 06 January 2013
Priorities USA Action, a political action committee backing President Obama, has released a new ad attacking Mitt Romney’s private equity background in an effort to swing ‘battleground’ states.
3 min read · 06 January 2013
The technology and venture guru has contributed a ‘significant’ amount to Mithril Capital Management’s $402m first close and will chair the firm’s investment committee.
2 min read · 06 January 2013
The Washington State Investment Board re-upped almost $800m to two of its more established fund managers: Advent International and Nordic Capital.
2 min read · 06 January 2013