Shale energy remains attractive despite concerns regarding environmental impacts, First Reserve Corporation chairman William Macaulay said at an industry conference this week.
3 min read · 06 January 2013
Former Vestar Capital managing director Brian Ratzan has joined Pamplona Capital Management, where he will lead the firm’s expansion into the US private equity market.
2 min read · 06 January 2013
Michael Moran has announced that he is transitioning out of the firm he helped found in 1998. He will remain active with funds currently under management.
2 min read · 06 January 2013
Brown Brothers’ oversubscribed fourth fund managed to generate commitments from all of its previous vehicle’s institutional investors.
2 min read · 06 January 2013
Attacks on Mitt Romney and Bain Capital could force Republicans to compromise on a hike in tax on carried interest, a speaker at Private Equity International’s CFOs & COOs Forum said.
2 min read · 06 January 2013
The firm has already picked up a $75m commitment from New Mexico’s State Investment Council, whose staff cited strong returns from Funds II and III.
2 min read · 06 January 2013
Golden Gate portfolio company US Silica is expecting to raise around $243.5m for its public float, pricing the company between $16 and $18 per share.
2 min read · 06 January 2013
Yellow Wood Partners has closed its debut fund above its $200m target with capital from a select group of limited partners. The firm said deal and monitoring fees are a 'burden' to portfolio companies and it will not charge them.
2 min read · 06 January 2013
The $10.8bn retirement system shook up its asset allocation mix at its last meeting, increasing its target to private equity to 12% of total assets.
2 min read · 06 January 2013
The partnership will make direct secondary investments in French private equity, with a focus on venture capital, leveraged buyouts and growth capital.
2 min read · 06 January 2013