Antoine Drean, founder of Paris-based placement agent Triago, agrees that the fundraising process doesn’t differ much from dating. What’s been missing is a Match.com for LPs and GPs to get together, so in 2012, he launched the Palico platform, as reported by Buyouts.
2 min read · 13 May 2014
China, Russia, shadow banking and leverage levels in overseas private equity funds ranked among the most frequently mentioned topics in a wide range of discussions at the Global Private Equity Conference at the Ritz Carlton in Washington, D.C., on Tuesday.
3 min read · 13 May 2014
Private equity investments by the New York Common Retirment Fund rose 17.5 percent in the past year, outperforming the overall 13 percent return on the total fund, which reached a record $176.2 billion in assets under management as of March 31, according to New York State Comptroller Thomas P. Napoli.
2 min read · 12 May 2014
Trilantic Capital Partners filed plans to raise up to $500 million in its first energy fund, Trilantic Energy Partners, as the New York firm continues its fundraising efforts after wrapping up its latest flagship fund late last year.
2 min read · 07 May 2014
Thomas H. Lee Partners is talking to prospective investors about a flagship fund of $3 billion as a follow-up to its $10 billion predecessor, according to sources familiar with the firm.
4 min read · 07 May 2014
Cressey & Co is talking to limited partners about its second fund since spinning out from the former Thoma Cressey Bravo in 2008, with a target of $400 million and a hard cap of $500 million, according to a source.
2 min read · 06 May 2014
Thoma Bravo has closed Thoma Bravo Fund XI LP after less than six months in the Chicago and San Francisco-based buyout firm’s most rapid fundraising cycle yet, just two years after its predecessor fund raised $1.7 billion.
2 min read · 06 May 2014
In its first buyout fund since Florida-based Blue Sea Capital was formed by executives at Brockway Moran & Partners, the firm has raised $312 million, beating its target by $42 million, according to a source familiar with the firm.
2 min read · 05 May 2014
The big are getting bigger and the diversified moreso, a Buyouts roundup finds.
6 min read · 05 May 2014
Tony Ressler, who co-founded Ares Management after his role in the 1990s as a founding member of Apollo Global Management, is emerging with common unit holdings valued at about $900 million after the initial public offering of Ares Management as the first private equity firm to float common units in two years.
3 min read · 02 May 2014