The $37.5 billion Maryland State Retirement Agency is increasing its target allocation for private equity to 5 percent from 2 percent indicating an extra $1.1 billion could now be available for commitment.
1 min read · 04 January 2013
The Los Angeles-based private equity firm has promoted four members of its 13 person team.
1 min read · 04 January 2013
The UK-based private equity firm has hired Daniel Healy, formerly the CFO of a US regional bank, to support the expansion of the firm’s US business.
2 min read · 04 January 2013
Alice Ruth, the former Gordon and Betty Moore Foundation CIO, will lead the newly launched Quadrangle Asset Management.
1 min read · 04 January 2013
Michael Lee-Chin has raised $225 million for a Caribbean-focussed private equity fund targeting $400 million.
2 min read · 04 January 2013
The San Francisco-based private equity newcomer has closed its oversubscribed fund without the help of a placement agent.
1 min read · 04 January 2013
Just months after Cerberus dropped its $800 million buyout of H&R Block’s Option One Mortgage Corporation, the distressed investment shop has agreed to purchase the company’s servicing unit for an even higher price.
2 min read · 04 January 2013
The data automation company that was backed by Bessemer, Battery, Globespan and MK Capital will be sold for $800 million.
2 min read · 04 January 2013
The UK-based private equity firm and US venture firm VantagePoint have purchased a $117m minority stake in New Jersey-based GAIN Capital Group.
2 min read · 04 January 2013
The emerging markets private equity firm is managing a $1 million medical risk management programme aimed at lowering healthcare costs in its East African portfolio companies.
2 min read · 04 January 2013
