The partnership with South Africa’s Pangea Exploration is considering mining opportunities in Mozambique, Botswana, Namibia as well as West and Southern Africa.
2 min read · 06 January 2013
The $107bn retirement system has entrusted a total of $6bn to KKR and Apollo for investments across asset classes.
2 min read · 06 January 2013
The buyout giant’s debut natural resources fund will target sub-$150m investments in the energy, natural resources and mining sectors and will share deals with Apollo’s $14.9bn seventh fund.
2 min read · 06 January 2013
After struggling to find support in the early going, ArcLight’s fifth fund has thoroughly beaten its $2bn target and closed on $3.3bn.
2 min read · 06 January 2013
Senior Whole Health consolidates Medicare, Medicaid and Medicare Part D pharmacy benefits into a single coverage plan, an advantage as the US healthcare market adapts to reforms signed into law last year.
2 min read · 06 January 2013
The energy and power firm has closed its fourth US power fund, picking up commitments from pensions, insurance companies, endowments, family offices and foundations.
2 min read · 06 January 2013
The bank’s transition into asset-based lending for private equity-backed deals could be part of a niche financing trend for medium sized banks, says Amalgamated investor Wilbur Ross.
2 min read · 06 January 2013
The $146bn retirement system awarded nearly $1.8m in bonuses to its investment staff after posting its highest returns in 25 years.
2 min read · 06 January 2013
After only six months on the market, the Baltimore- and San Francisco- based firm has closed its seventh fund, which offers LPs an attractive ‘European-style’ distribution.
2 min read · 06 January 2013
The US development finance institution wants to engage private equity firms with expertise in debt to help fill a gap in lending for deal activity in developing economies.
2 min read · 06 January 2013
