The $11.5bn New Mexico State Investment Council has temporarily suspended Aldus as it reviews its advisory work and is investigating whether any of its other consultants or GPs have links with third-party marketing firms. SIC has already discovered that Carlyle and Quadrangle used a company affiliated with the New York Common scandal to secure money from the state oil and gas endowment.
The UK government’s vehicle for promoting economic growth in the developing world recorded a 13% decline in the value of its portfolio in 2008, but it outperformed its nearest benchmark – the MSCI Emerging Markets Index – by 22%.
The $41.8bn pension will invest $150m each to Hellman & Friedman VII, targeting $10bn, and First Reserve XII, targeting $12bn.
The UK government's development-focused fund of funds is talking to two Southern African banks about the creation of debt funds to help private businesses in the region, says chief executive Richard Laing.
The pension allocated funds to Oaktree Capital Management and TA Associates despite being over-weighted to private equity.
The $21bn pension committed $100m to Hellman & Friedman’s seventh fund as it looks to invest $1bn in private equity this year.
The European development finance institution has committed to funds from two Central European mezzanine specialists: Mezzanine Management and Syntaxis. It has also approved a €20m commitment to a special situations fund.
As it looks to gain ‘firm financial footing’, Candover will suspend its 2008 buyout fund’s activities for up to six months and has confirmed its strategic review could result in selling the firm.
The latest private equity fund of funds from the Connecticut-based advisory group and funds manager will invest in buyout, venture and special situation funds.
OPENED & CLOSED FUNDS OPENED FUND MANAGER FUND TYPE OF FUND GEOGRAPHIC FOCUS NO. Abraaj Buyout Fund II Abraaj Capital 2 Buyout South Asia, Middle East, North Africa Islamic Germany Buyout emcg and Dubai Bank 1 Private equity Germany Private Equity Fund EuroMena Fund Capital Trust Group 2 Private equity Middle East, North Africa HSBC […]