The $50.6bn retirement system set goals to commit up to $1bn to private equity and $700m to alternative fixed income, according to MassPRIM documents.
1 min read · 22 January 2014
Data from Private Equity International shows buyout funds continue to be the most popular vehicles among limited partners – raising more than $130bn in 2012 compared to $88.1bn in 2011.
1 min read · 22 January 2014
Blackstone has hired longtime Spanish private equity professional Inaki Echave as a managing director for its Iberian team.
1 min read · 22 January 2014
Consonance Capital Partners has collected more than $110m for a vehicle that will make private equity investments in healthcare’s lower mid-market.
2 min read · 22 January 2014
The Boston-based firm is targeting substantially less than the $10.1bn it raised for Fund VI and co-investments in 2007, though expects to deploy the next vehicle over a shorter period of time.
2 min read · 22 January 2014
Gávea’s R$1bn credit vehicle – designed to address lending deficiencies in Brazil’s private sector – counts the International Finance Corporation as an LP.
1 min read · 22 January 2014
Less than a year after reaching final close on $160m, WAMEX has invested about 65% of Multinational Industrial Fund II’s committed capital.
2 min read · 22 January 2014
The tragedy at Sandy Hook Elementary has led LPs to question their investments in guns and private equity-backed gun makers
4 min read · 22 January 2014
David Jacobs, Deutsche Bank's former global consumer group head, will be responsible for sourcing acquisitions of private equity and corporate portfolios in North America.
2 min read · 22 January 2014
Falcon Investment Advisors cleared its $850m target with a $909.7m final close.
1 min read · 21 January 2014