Abu Dhabi Investment Authority related stories
All articles and analysis
Buyout firms unfazed by competition from LPs on dealsThe appearance of limited partners on the buyside of deals has helped open up the market, according to dealmakers from KKR, Bridgepoint, PAI Partners and Astorg Partners at a conference in Cannes.
Perspectives 2018: Pantheon on how to stand out as a co-investorLPs are increasing their appetite for co-investment, but with growing competition they will need to focus on the value they can bring to a partnership with a GP, say Pantheon partners Dennis McCrary and Jeff Miller
Affinity hauls in $6bn for fifth Asia buyout fund – updatedThe Hong Kong-based manager had a 95% re-up rate and garnered commitments from new LPs including Japan Post Bank.
Trends of the Year: LPs going directFrom sovereign wealth funds to family offices, limited partners bulked up direct investment teams and made large purchases in 2017.
Kedaara Capital raises $750mView the latest capital raises
Kedaara hits $750m hard-cap for oversubscribed Fund II – UpdateOntario Teachers’ Pension Plan is an anchor investor in the fund which is focused on minority growth investments in India.
- ADIA targets direct investment amid return concerns
The sovereign wealth fund, with estimated assets of $828bn, will broaden its focus in ‘rapidly developing’ Asian private equity markets.
- PPD's owners Hellman & Friedman and Carlyle to recapitalize company
Contract research organization Pharmaceutical Product Development's existing owners Hellman & Friedman and The Carlyle Group have agreed to recapitalize PPD. Also, Abu Dhabi Investment Authority and GIC, Singapore's sovereign wealth fund, will acquire minority ownership stakes in PPD. Both Hellman & Friedman and Carlyle will remain majority shareholders in PPD. The transaction puts PPD at a valuation of $9.05 billion. Goldman Sachs, J.P. Morgan Securities LLC, and Centerview Partners served as financial advisers to PPD.
- ADIA plans to hire regional experts
The new hires will be part of a larger restructuring of the gulf-based sovereign wealth fund's private equity business into three regional teams.