Private Equity
Calgary-based Camcor Partners Inc. has closed Camcor Energy Fund VII at its hard cap of $350 million after a six-month fundraising effort that drew the buyout firm’s biggest contribution yet from limited partners outside of the Great White North, principals of the firm told Buyouts.
2 min read · 06 May 2013
The Blackstone Group LP sees its total fee-earning assets under management topping a half-trillion dollars in the next 10 years on a strong growth forecast across the buyout shop’s many product lines, co-founder Stephen Schwarzman told investors in the marquee private equity firm.
3 min read · 03 May 2013
In what could the start of a trend to free up an estimated $100 billion trapped in U.S. buyout shop funds with little hope of raising fresh cash, an Alabama-based merchant bank and a Texas hedge fund investor with roots to the oil fortune of Perry R. Bass announced plans to form Crestline-Kirchner Private Equity Group.
2 min read · 02 May 2013
An investment banker at Robert W. Baird & Co. expects more merger and acquisition activity in Europe’s automotive parts space from buyout shops on both sides of the Atlantic after his firm advised Chicago-based LKQ Corp.’s $268 million purchase of distributor Sator Beheer BV from Dutch-based H2 Equity Partners.
3 min read · 02 May 2013
While Carlyle Group, Kohlberg Kravis Roberts & Co. and TPG Capital move to reach a combined fundraising target of about $13.5 billion for their Asian buyout funds, the biggest prize in the Far East — China — remains a tough place to do deals, an overseas deals lawyer said.
2 min read · 26 April 2013
While Carlyle Group, Kohlberg Kravis Roberts & Co. and TPG Capital move to reach a combined fundraising target of about $13.5 billion for their new Asian buyout funds, the biggest prize in the Far East -- China -- remains a tough place to do acquisitions, an overseas deals lawyer told peHUB.
2 min read · 25 April 2013
Kohlberg Kravis Roberts & Co. expects to hit a hard cap of $6 billion on its Asian Fund II by the end of the second quarter, while the firm has raised $7.5 billion thus far for its North America Fund XI LP, Naxi, as it mulls a new real estate investment vehicle, according to updates from the marquee private equity firm.
3 min read · 25 April 2013
Post Oak Energy Capital, a lower mid-market buyout specialist in the U.S. oil and gas business, may be back in the market to raise its second fund starting later this year, a person with knowledge of the firm told Buyouts.
2 min read · 24 April 2013
Management teams at portfolio companies receive an average incentive pool of 13 percent of the fully diluted equity of the business, but the value of this compensation hinges on preferred stock dividend payments and other factors, according to a new survey by the global private equity group of law firm Paul Hastings.
3 min read · 23 April 2013
Silver Lake Co-Founder Glenn Hutchins doesn’t see the current economic recovery picking up any more steam, but he’s still bullish on the technology sector. Watch video of Hutchins' April 4 keynote address at the Buyouts East conference.
2 min read · 17 April 2013
