Private Equity
Harvard University has named an insider, Stephen Blyth, to run its $36.4 billion endowment, the world’s largest.
2 min read · 25 September 2014
New Mountain Capital, which is near the end of marketing for Fund IV, has boosted the pool’s target to $4 billion, two sources said.
1 min read · 24 September 2014
UBM Plc, a British communications and events company, confirmed that it was in talks to acquire Advanstar, a private equity-backed trade show organizer in the United States.
1 min read · 22 September 2014
Platinum Equity has put Ranger Boats up for sale, three sources said.
2 min read · 22 September 2014
The collapse of Phones 4u has highlighted – and probably worsened – the industry’s reputational problem
4 min read · 19 September 2014
The 2012 vintage Platinum Equity Capital Partners-A III has climbed the most for the $50 billion Pennsylvania Public School Employees’ Retirement System (PSERS) for the period Sept. 30, 2012, to Sept. 30, 2013. That vehicle was up 84.8 percentage points out of negative territory to a positive 28.72 percent IRR in 2013 from -56 percent in 2012.
3 min read · 18 September 2014
Buyout and mezzanine funds based in the United States have raised $136.3 billion in capital commitments from institutional investors through Aug. 5. Overall fundraising continues to outpace the amount raised this time last year, when buyout and mezzanine funds managed to collect $100.5 billion in commitments.
1 min read · 15 September 2014
Although private equity in Europe has a reputation for financial engineering, investors are seeing more upside from their investments
2 min read · 12 September 2014
After less than two years, Ares Management stands to more than double its money with the IPO of Smart & Final.
2 min read · 11 September 2014
Quadrangle Group, a private equity backer of Mobilicity, said it had sued the Canadian government for C$1.2 billion ($1.1 billion), accusing it of reneging on pledges to help the small wireless provider compete against the country’s biggest phone companies.
2 min read · 05 September 2014
