Private Equity
With the U.S. housing market providing a bright point in the sluggish economic recovery, 2013 is shaping up to be a big year for real estate deals. And a healthy appetite for the sector by investors suggests the trend will continue.
10 min read · 29 July 2013
BlackRock Inc, the world’s largest money manager, has disclosed $50 million raised from a single investor for a new vehicle, BlackRock Private Equity Partners VI US LP, following its exit from a direct private equity strategy and its earlier acquisition of Swiss Re’s fund-of-funds unit.
2 min read · 29 July 2013
New York City Public Pension Funds marked its largest commitments yet to private equity via marquee funds from Apollo Global Management and CVC Capital Partners. It was part of an overall $1.3 billion series of pledges by the $137 billion retirement system that also included first-time commitments to several emerging managers.
3 min read · 26 July 2013
Kohlberg Kravis Roberts & Co said the $6 billion fundraise for KKR Asian Fund II LP drove a $4.2 billion increase to assets under management as it continues to soak up fresh capital for global dealmaking, but the marquee private equity firm said valuations of target firms continue to move up.
2 min read · 26 July 2013
Goldman Sachs Asset Management, the money management unit of Goldman Sachs, and Post Oak Energy Capital committed $100 million in a direct investment in PetroEdge Energy III LLC, a new energy firm aimed at relatively untapped areas of the oil-rich Eagle Ford region of Texas.
2 min read · 26 July 2013
New York City Public Pension Funds marked its largest commitments yet to private equity via marquee funds from Apollo Global Management and CVC Capital Partners. It was part of an overall $1.3 billion series of pledges by the $137 billion retirement system that also included first-time commitments to several emerging managers.
3 min read · 25 July 2013
Community bank investor Carpenter & Co has been discussing the possible launch of Carpenter Community BancFund II LP with a proposed target of $425 million during portfolio updates with limited partners who have inquired about a new vehicle, according to a person familiar with the firm.
2 min read · 22 July 2013
General Atlantichas made a name for itself by taking stakes in high profile firms ranging from social media giant Facebook to women's clothing brand Tory Burch. General Atlantic recently made Form D filings indicating an influx of $623 million but that total is actually $900 million, a source tells Buyouts.
2 min read · 19 July 2013
Blackstone Group LP executives said rising U.S. interest rates don’t worry them because the economy continues to expand and signaled plans to hold onto Hilton Hotels after the buyout firm turned in a strong financial performance in the first half.
2 min read · 18 July 2013
The Maryland State Retirement and Pension System’s better-than-expected 11.7 percent return on its private equity investments helped propel the $40 billion pension fund past its overall benchmark in its latest fiscal year.
1 min read · 17 July 2013
