Private Equity
The commitment is a follow-on investment with Rhone Capital
1 min read · 12 December 2014
The US-based firm has sold the photo provider for $800 million to Adobe
2 min read · 12 December 2014
Limited partners that committed to the oversubscribed second close of Barclays Asset Management Group spinout Glendon Capital Management saw their commitments cut by as much as 60 percent, according to Los Angeles County Employees Retirement Association documents.
2 min read · 11 December 2014
Stuart Howard will become CEO of a private financial services-focused company in the UK
2 min read · 11 December 2014
The Pennsylvania Public School Employees’ Retirement System committed up to $450 million to energy and debt funds at its Dec. 9 meeting, including as much as $200 million for Avenue Capital Group’s first dedicated energy fund, according to board resolutions published on the retirement system’s website.
2 min read · 11 December 2014
Kentucky Retirement Systems committed $100 million to distressed debt funds at its Dec. 4 board of trustees meeting, allocating $60 million to Black Diamond Capital Management’s latest fund and $40 million to Ares Special Situations Fund IV, Chief Investment Officer David Peden said.
1 min read · 10 December 2014
<p><em>Investors rank the following fee and expense-related issues in order of significance to their private equity portfolios. </em></p>
1 min read · 10 December 2014
Staff losses and lower salaries are often the result of being backed by private equity, says recent research
2 min read · 10 December 2014
The California Public Employees’ Retirement System made its largest fund commitment of the year in October, a $500 million stake in Hellman & Friedman’s eighth flagship fund, according to materials released in advance of the retirement system’s Dec. 15 meeting.
1 min read · 09 December 2014
The firm is expected to close its first fund on just over £100 million before Christmas
1 min read · 08 December 2014