Private Equity
After a slow start, launching into a bubble that turned into a bust, the fund RLJ Equity Partners I LP has struck a succession of deals.
5 min read · 28 October 2013
The Jordan Company has held a first close on $1.1 billion for The Resolute Fund III, which launched earlier this year targeting $3 billion, according to a person with knowledge of the firm, sister publication peHUB reported.
1 min read · 25 October 2013
The European middle-market firm expects to hold a first close on around £500 million for its second fund sometime in November, according to sources familiar with the matter.
1 min read · 23 October 2013
Aurora Capital Group has raised $550 million for its second fund targeting distressed investing, with a reconstituted management team, according to a regulatory filing.
3 min read · 22 October 2013
Monroe Capital LLC expects to close a new senior loan fund at its $500 million hard cap, a person with knowledge of the effort told Buyouts.
2 min read · 21 October 2013
Deal prices rose in the third quarter for U.S. sponsors, as price multiples widened for target companies and equity contributions ticked slightly higher, according to quarterly data from the Leveraged Commentary & Data division of S&P Capital IQ.
2 min read · 21 October 2013
One of the most sought-after jobs in the LP universe this past summer was the open private equity chief position with Tulane University’s $1 billion endowment, sister publication peHUB reported.
1 min read · 18 October 2013
The Blackstone Group has raised a total of $4 billion for its tactical opportunities business after collecting an additional $703 million during the quarter, according to the firm’s quarterly earnings report, and a person with knowledge of the fund, sister publication peHUB reported.
2 min read · 17 October 2013
Yale’s trend-setting endowment has reduced its target allocation to private equity from 35 percent to 31 percent for fiscal 2014, sister publication peHUB reported.
1 min read · 16 October 2013
Oregon State Treasurer Ted Wheeler has been discussing ways of transforming the Oregon Investment Council, which manages about $74 billion in total assets, into more of an independent agency with greater power to set compensation, as well as hire and fire employees, sister publication peHUB reported.
2 min read · 15 October 2013
