Private Equity
HarbourVest Partners’ ninth buyout fund-of-funds generated $18 million in proceeds during the first quarter thanks to strong returns from at least two of its general partners, according to Imperial County Employees’ Retirement System documents.
2 min read · 01 September 2015
<p><span style="font-family: Arial, sans-serif; font-size: 11pt;">Study finds that lower midmarket transactions of less than £50 million comprised 80 percent of small cap private equity activity for the first half of 2015</span></p> <p class="Default"><span lang="EN-GB" style="font-size: 11pt; font-family: Arial, sans-serif;"> <br /></span></p>
2 min read · 01 September 2015
The $191.3 billion California State Teachers’ Retirement System (CalSTRS) threw its support behind a July 21 letter signed by 13 state and local treasurers and comptrollers calling for the SEC to standardize reporting of private equity fees and expenses.
3 min read · 01 September 2015
The New Mexico Educational Retirement Board has reached a $1.8m settlement with the bank in its 2010 lawsuit against its former PE advisors.
1 min read · 01 September 2015
<span class="ITALIC">See the latest PE LP updates, including allocation changes and people moves.</span>
4 min read · 01 September 2015
Originally falling short of a 15% target to private equity, the California-based pension fund has now surpassed it.
1 min read · 31 August 2015
One thing I love about a newsroom is the spontaneous debates that spring up among reporters and editors. It’s part of the energy of a place where everyone’s job is to ferret out the most relevant facts and have a keen nose for BS.
3 min read · 31 August 2015
Q&A with Jeri Harman, CEO, co-founder and managing partner of lower middle-market lender Avante Mezzanine Partners.
3 min read · 31 August 2015
Warburg Pincus has realized more than $75 billion from its investments since it launched its private equity fund in 1971, and the last two-and-a-half years rank among its most profitable. The firm distributed roughly $25 billion to limited partners between December 2012 and March 2015, according to recent report prepared for one of its LPs, a sum that should provide investors ample reason to commit capital to the firm’s latest $12 billion flagship fund.
3 min read · 31 August 2015
The following hires, promotions and appointments are for the August 31, 2015, issue of Buyouts.
7 min read · 31 August 2015