Private Equity
Buyout shops are planning to raise their profiles with accredited investors now that the Securities and Exchange Commission voted to lift a decades-old ban against general solicitation and advertising in private market fundraising.
4 min read · 10 July 2013
Marlin Equity Partners hopes it will be at least four years before launching Fund V after it officially closed Marlin Equity IV LP at $1.6 billion in a fundraising effort that more than doubled assets under management at the mid-market, operations-focused buyout specialist.
3 min read · 10 July 2013
New Heritage Capital, founded by Mark Jrolf after he worked at Heritage Partners Inc, has raised $120 million for New Heritage Capital Fund LP to invest and partner with founder- and family-owned businesses, according to Form D filings and the firm’s web site.
2 min read · 09 July 2013
Howard Newman of Pine Brook Partners LLC sees plenty of investment opportunities in domestic oil production despite a healthy flow of capital into the sector from private equity firms, as the New York-based financial services and energy specialist embarks on a fundraising effort for its second fund.
2 min read · 09 July 2013
While private equity investments by the Oregon Investment Council now comprise about 22 percent of its $62.4 billion retirement fund, its official ceiling for its buyout holdings remained at only 16 percent—up until now. Moving to match its long-term allocation target to its existing position in private equity funds, the Oregon council OK’d plans to hike its long-term allocation to 20 percent
2 min read · 05 July 2013
4 min read · 03 July 2013
The State of Wisconsin Investment Board plans to recruit a professional to add to its five-person private equity team to pursue an in-house co-investment program of up to $100 million a year for the $90 billion state retirement system.
3 min read · 03 July 2013
2 min read · 02 July 2013
While private equity investments by the Oregon Investment Council now comprise about 22 percent of its $62.4 billion retirement fund, its official ceiling for its buyout holdings remained at only 16 percent—up until now. Moving to match its long-term allocation target to its existing position in private equity funds, the Oregon council OK’d plans to hike its long-term allocation to 20 percent.
2 min read · 02 July 2013
With the Los Angeles City Employees Retirement System chalking up its largest cash distributions since it started investing in private equity funds in 1995, the pension fund plans to increase its commitment pace to buyout firms in 2013.
4 min read · 01 July 2013