Providence Equity Partners related stories
All articles and analysis
The new spin in private equity access: Strategic accountsSeparately managed accounts, which have become much more visible in the industry recently, are helping to set new standards in the GP/LP relationship, writes Tara Blackburn of Hamilton Lane.
- Altas adds principal from Providence Equity
Andrew Sheiner's Altas Partners has hired Scott Werry from Providence Equity Partners, bringing the Altas team to seven individuals.
- Providence commits $250m to partnership with NFL
Providence will commit capital from its Fund VI to the partnership, which will target growth equity investments in North America, Europe and Asia.
- PE collusion case continues
A federal judge refused to dismiss a case alleging some of the world’s top LBO firms colluded on mega-deals made during the industry’s golden era, but said plaintiffs have fallen short of proving an overarching conspiracy.
- Linden hires Providence exec
The firm has added two operating executives this year, bringing its team of operating partners to nine.
- Louisiana Teachers’ commits $150m in re-ups
The $14.5bn retirement system is targeting between $300m and $400m in commitments to five or six funds in 2013.
- Teachers’ Private Capital returns 18.6%
The C$130bn pension system’s private equity arm completed 13 direct investments in 2012 and continued making fund commitments to buyout, growth and venture capital funds.
- Sovereign books 5.3x on education provider
It is understood Sovereign attracted interest from The Carlyle Group, Investcorp and Providence Equity Partners, but sold WCL to Nord Anglia Education for £153m.
- Providence hires Goldman executive
The appointment of Renée Beaumont, a former managing director at Goldman Sachs, comes as Providence is expected to hold a $5bn final close on its Fund VII next month.
- Western investors weigh in on Asian markets
Several private equity executives speaking at the Milken Institute Conference in LA provided a candid Western perspective on Asian markets and the issues surrounding investment.