Private Equity
U.S.-based buyout and mezzanine firms collected about $26.1billion in commitments during the first quarter, with nearly $1.7 billion from mezzanine funds. The 2013 fundraising drive is slightly behind 2012’s pace. At this time last year, fundraising stood at $26.5 billion.
1 min read · 08 April 2013
Kevin Nee, the president of Wilshire Private Markets, talks in this video about the ways the Santa Monica-based fund-of-funds shop, a 40-member group within Wilshire Associates, evaluates candidates for investments, 65 percent of which are LBO funds run by mid-market and small-market managers. Wilshire doesn’t want to be an index of private equity, Nee says. “We want to do something for our clients that they can’t do on their own.”
1 min read · 04 April 2013
Even as many investors move into index funds, Harvard University is confident that it can keep posting above-average returns with actively managed investments, the head of the school’s investment arm said on Wednesday.
3 min read · 04 April 2013
The Ontario Teachers’ Pension Plan, one of Canada’s top investors, said on Tuesday it had a 13.0 percent rate of return on its investments in 2012, bringing net assets to a record high C$129.5 billion ($127.4 billion), according to sister news service Reuters.
4 min read · 02 April 2013
The Private Equity Growth Capital Council issued a performance update report in mid-March that shows quite a bit of disparity among the major PE benchmarks at the 10-year mark, from 9.1 percent on the low end to 20.4 percent at the high end.
1 min read · 28 March 2013
Maurice Gordon, senior investment principal at Guardian Life Insurance, talks in this video about the company’s $1 billion in commitments to a diverse private equity portfolio, some 60 percent of which is dedicated to buyouts, mostly smaller funds.
1 min read · 27 March 2013
Fundraising by U.S.-based buyout and mezzanine funds nudged slightly higher during the last two weeks and stands at more than $19.1 billion.
1 min read · 25 March 2013
The Private Equity Growth Capital Council released a report in mid-March indicating that private equity continues to strengthen the retirement security.
1 min read · 22 March 2013
Bo Ramsey, a senior investment analyst at the Indiana Public Retirement System, discusses the agency’s approach to develop a well rounded private equity portfolio. The agency, with $25 billion of assets under management, has a 10 percent allocation to the asset class.
1 min read · 21 March 2013
Standard & Poor’s Financial Services, which tracks entities it views as most at risk with its monthly “weakest links” report, identified 149 entities around the world in its latest listing (release March 7).
1 min read · 15 March 2013
