Oaktree Capital Management sees a “significant period” of fundraising ahead, with six closed-end strategies either currently or shortly in the market, led by a $10 billion target for its tenth distressed debt fund.
3 min read · 07 November 2014
Shore Capital Partners plans to buy five to 10 add-on veterinarian practices per year in the Southeastern United States to grow its new veterinary platform company, Southern Veterinary Partners.
2 min read · 06 November 2014
1 min read · 05 November 2014
Resilience Capital Partners has closed on $307 million for its Resilience Fund IV, beating its target of $300 million, according to a source familiar with the firm.
2 min read · 05 November 2014
The Carlyle Group, Apollo Global Management, The Blackstone Group and Kohlberg Kravis Roberts & Co in their quarterly updates to Wall Street investors all said their energy investments will withstand the quick drop in oil prices that took place in October.
3 min read · 04 November 2014
The vintage 2008 Investcorp Technology Partners III LP rang up an IRR of 20 percent as of June 30, ahead of the top-quartile threshold of 19.4 percent and the median of 12.8 percent for that vintage year, according to performance data from a source and an analysis of private equity funds in the Sept 1 issue of Buyouts. Hazem Ben-Gacem, head of corporate investment for both Europe and technology for Investcorp, spoke by phone with Buyouts.
3 min read · 03 November 2014
Myron Zhu, partner in the Hong Kong office of FLAG Capital Management, revealed to Buyouts that the firm plans to add two more investment professions to focus on private equity opportunities in China and Southeast Asia.
3 min read · 03 November 2014
Valor Equity Partners LP has drawn in $390 million in commitments for its third buyout fund, ahead of the $350 million offering amount listed on a regulatory filing, with support from billionaire Elon Musk, a source familiar with the firm told Buyouts.
2 min read · 03 November 2014
Apollo Global Management said it reached a $3.4 billion hard cap on Apollo Credit Opportunity Fund III LP during its third fiscal quarter as part of at least three fresh fundraising developments by the marquee private equity firm led by Leon Black. The firm also said to expect the launch of a U.S. real estate fund in coming months.
2 min read · 30 October 2014
Blackstone Group this week is targeting a first close of up to $2 billion for Blackstone Property Partners, an open?ended fund that represents the first real estate vehicle for the firm to offer quarterly liquidity to investors, according to an investor document reviewed by Buyouts.
2 min read · 30 October 2014
