If adopted, the $235bn pension system would place most of its alternative investments in buyout funds, with an additional 30% in credit related investments and growth/expansion funds.
2 min read · 06 January 2013
David ibnAle has experience working with the firm’s co-founder, former Blackstone Group managing director Chip Schorr, who launched Augusta Columbia in a spin-out from Blackstone earlier this year.
2 min read · 06 January 2013
Goldman’s investing and lending portfolio, which includes around $16bn in private equity and real estate holdings, had negative net revenues of $2.48bn for the quarter.
2 min read · 06 January 2013
Providence has completed its exit from Kabel Deutschland after an 18 month process that began with an IPO last year. The return generated bolsters the firm's latest fundraising effort.
2 min read · 06 January 2013
The $10bn Russian government-backed fund will collaborate with the China Investment Corporation on a country specific private equity fund.
2 min read · 06 January 2013
Katita Palamar and Bill Farrell are expected to launch a new firm in the coming months.
2 min read · 06 January 2013
The firm has appointed former Nycomed CEO Håkan Björklund to assist the firm with portfolio companies’ expansion into global markets.
2 min read · 06 January 2013
The firm beat its $150m target for its second mezzanine fund, capitalising on a growing strategy amid a slowing credit market.
2 min read · 06 January 2013
The $41bn pension system will commit between 5 and 10% of its future allocations to emerging managers, which Treasurer Steve Grossman says generate superior returns.
2 min read · 06 January 2013
The firm has already completed its first investment with its fifth European mezzanine fund, backing the buyout of business intelligence provider Bureau van Dijk.
2 min read · 06 January 2013
