Girard Miller will be tasked with overseeing the Orange County Employees Retirement System’s $9.6bn portfolio as it implements a new asset allocation mix.
1 min read · 06 January 2013
As the US and South Korea finalised a new free trade agreement, Lone Star’s troublesome exit of Korea Exchange Bank prompted the firm to hire two lobbyists for $1.5m through its 2002 fourth fund.
4 min read · 06 January 2013
Vestar’s limited partners are considering the firm’s request to continue marketing its sixth fund on a reduced $2bn target through April 2013.
2 min read · 06 January 2013
The International Finance Corporation has invested $35 million in a fund dedicated to expanding Africa’s communications infrastructure.
2 min read · 06 January 2013
Walgreens has agreed to purchase a 45% stake in the drug store chain for $4bn in cash and $2.7bn in Walgreens’ stock.
2 min read · 06 January 2013
Former Brazil central bank chief Henrique Meirelles will help the firm expand into Brazil’s rapidly growing private equity market.
2 min read · 06 January 2013
After completing the deal for the hedge fund specialist, KKR will appoint Prisma co-founder Girish Reddy to lead the firm’s global hedge fund of funds group.
2 min read · 06 January 2013
As more private equity firms enter the private debt market, the Arizona State Retirement System may add the asset class to its investment strategy in an effort to diversify its fixed income portfolio.
2 min read · 06 January 2013
The industry trade organisation has directed around $80,000 to politicians with influence on Congressional committees considering legislation that would affect private equity.
4 min read · 06 January 2013
Medu Capital received $65m in financing for its third fund, which will invest in small and mid-market companies based in South Africa.
2 min read · 06 January 2013
