Apollo Global Management and Metropoulos & Co’s $410m bid for some of Hostess’ most well-known bakeries and brands will be considered by US Bankruptcy Court next week.
1 min read · 23 January 2014
3i has teamed with Neuberger Berman and Siguler Guff to acquire Brazilian eyeglass retailer Óticas Carol in a R$108m deal.
2 min read · 23 January 2014
The Teachers’ Retirement System of Louisiana is the latest institutional investor to back KPS’ Special Situations Fund IV. The predecessor vehicle had generated a 19.3% net IRR as of 30 June.
2 min read · 23 January 2014
KPS Capital Partners’ recent success on the fundraising trail continues with a $50m commitment from the $25.3bn Pennsylvania State Employees’ Retirement System.
2 min read · 23 January 2014
The New York State Common Retirement Fund has also secured a €7.9m secondary stake in Stirling Square Capital Partners Fund II through a separately managed account.
1 min read · 23 January 2014
Bain Capital managing director Steve Pagliuca claimed the firm’s investments have created ‘hundreds of thousands of jobs’ at an industry conference last week, and arguably did a better job than Mitt Romney explaining the numbers.
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
7 min read · 23 January 2014
The Nebraska State Investment Council has also begun to explore the possibility of investing in Asia-focused private equity funds.
1 min read · 22 January 2014
Fund of funds Vista Ridge Capital, which counts an Oregon Investment Council investment officer as an advisor, is targeting $100m for its latest vehicle.
1 min read · 22 January 2014
The pay-to-play scandal forced the New Mexico State Investment Council to undertake a dramatic overhaul of its investment and governance policies.
4 min read · 22 January 2014
