Private Equity
Despite having nearly $6 trillion in assets under management, sovereign wealth funds are notoriously hard to pin down and figure out. Now a PhD student thinks he’s found some identifying qualities that help money managers sort them into three main groups.
2 min read · 10 December 2013
British financier Guy Hands is engaging in “legal tourism” by pursuing a U.S. lawsuit accusing Citigroup Inc bankers of defrauding him into overpaying for music company EMI Group Ltd, and his case should be dismissed because it does not belong in the United States, the bank said, sister news service Reuters reported.
2 min read · 09 December 2013
U.S.-based buyout and mezzanine shops have raised $142.2 billion in capital commitments from institutional investors in the year to date. The latest round of figures brings overall fundraising close to the levels reported this time last year, when $143.3 billion was raised by U.S.-based funds.
1 min read · 09 December 2013
Cambridge Associates’ U.S. Private Equity Index outperforms equivalent public market indexes in 10-year plus horizons, based on pooled end-to-end returns net of fees, expenses and carried interest.
1 min read · 06 December 2013
Investors trying to decide which funds to back are putting more emphasis on realized returns, and deploying new tools to understand just how much sponsors beat or fall short of public equity benchmarks, according to interviews with advisers, sponsors, academics and vendors.
6 min read · 04 December 2013
The precipitous drop in UK sponsor-backed take-private deals suggests the government needs to re-think its revised takeover rules.
3 min read · 29 November 2013
The Institutional Limited Partners Association, in partnership with Cambridge Associates, has begun releasing its quarterly performance benchmarks based on returns from some 2,650 unique funds.
1 min read · 29 November 2013
<span class="ITALIC">The precipitous drop in UK sponsor-backed take-private deals suggests the government needs to re-think its revised takeover rules</span>
3 min read · 29 November 2013
Domestic buyout and mezzanine firms have secured approximately $133.6 billion in capital commitments through mid-November. The latest fundraising remains slightly lower than the $140.86 billion reported at the same time last year.
1 min read · 25 November 2013
<p><em>GPs with an active ownership model may actually need to work harder to get the best out of their portfolio company CEOs </em> </p> <p> </p>
3 min read · 22 November 2013
