Elevation Partners related stories
All articles and analysis
IR to the foreChanging LP appetites for private equity have resulted in firms beefing up their investor relations teams.
- Much tougher partners
Private equity fund investors are refusing to be lenient with managers who are not showing the expected results, writes Christopher Witkowsky.
- Albert: LPs will flock to established FoFs
Kevin Albert, who joined Pantheon recently, left Elevation Partners because of uncertainty surrounding its ability to fundraise.
- Pantheon hires fund placement veteran Albert
Kevin Albert has left Elevation Partners, which he joined in 2005. Albert will work in Pantheon’s New York office.
- Elevation sees small profit on Palm sale
The private equity firm, which has rocker Bono as a partner, will walk away from the struggling smartphone maker with $25m in winnings.
- eBay exec joins Elevation
Rajiv Dutta has become a managing director at the private equity firm focused on consumer and technology investing.
- Merrill Lynch private placement team to spin out
Michael Ricciardi, Enrique Cuan and Alan Pardee will lead the 24-strong team for Mercury Capital, which will raise private equity, private equity real estate and infrastructure funds globally.
- Elevation injects $100m in struggling Palm
The California-based firm, which bought a 25% stake in Palm for $325m last year, is making another capital injection to help the struggling maker of mobile-computing devices after five straight quarterly losses. The firm, which includes U2 lead singer Bono as one of its partners, is investing from its debut fund, which closed on $1.9bn in 2006.
- Obama tops McCain in private equity support
US presidential candidate John McCain has come under fire by one US labour union for his ties to KKR co-founder Henry Kravis, but recent data shows Democratic rival Barack Obama has the most financial support from the private equity and venture capital industries.
- Illinois Teachers’ approves $1.2bn private equity ‘road map’
The $38bn public pension has approved a tactical plan that emphasises a need for geographic diversity as it moves closer to its 8 percent target allocation for private equity.