Private Equity
Two students at the University of Michigan’s Ross School of Business have started the school’s first private equity club to strengthen the relationship between students interested in the industry and professionals.
2 min read · 26 September 2014
The high tech name badges that The Carlyle Group used to track the movements of its limited partners at its annual meeting in September are part of a suite of technologies being used increasingly by conference organizers and event planners.
2 min read · 25 September 2014
First, there was the National Security Agency. Now, we have…The Carlyle Group?
2 min read · 24 September 2014
Bregal Investments has decided to pull a sale of a portfolio of private equity fund interests with a net asset value of about $400 million, according to three people with knowledge of the process.
2 min read · 23 September 2014
Glendon Capital Management, launched by former distressed debt executives from the British bank Barclays Plc, has collected about $380 million for a first closing on its debut fund targeting $1 billion, according to two people with knowledge of the fundraising.
1 min read · 23 September 2014
The Teacher Retirement System of Texas has hired Partners Group executive Shelby Wanstrath as an investment manager on the private equity team, system spokeswoman Juliana Fernandez Helton confirmed.
1 min read · 19 September 2014
Secondaries specialist Landmark Partners has collected around $3.2 billion for its 15th private equity secondaries fund and is approaching a final close, three people with knowledge of the fundraise said.
1 min read · 18 September 2014
The Blackstone Group is targeting a total of $7 billion to $8 billion for its second generation Tactical Opportunities fund, according to two people with knowledge of the situation.
2 min read · 17 September 2014
The Blackstone Group LP is targeting “early 2015” for a first close on its next flagship private equity fund, which has recently started fundraising, according to three people with knowledge of the situation.
2 min read · 16 September 2014
The California Public Employees’ Retirement System, which manages some $300 billion in assets, has hired Mahboob Hossain as a senior portfolio manager to oversee co-investments made alongside private equity fund managers, Joe DeAnda, a spokesman for the system, confirmed. Hossain started in the role Sept. 1.
2 min read · 15 September 2014
