Investors

Abbott Capital Raising Its 2013 Vehicle

Abbott Capital Management, a New York based fund-of-funds manager, is raising its newest, Abbott Capital Private Equity Investors 2013 LP, according to a recent filing with the Securities and Exchange Commission.

CIC invests $724m in UK's Heathrow

A China Investment Corporation subsidiary has bought a 10% stake in the UK’s Heathrow Airport Holdings from Spanish developer Ferrovial and other shareholders.

Kayne Anderson Closes Sixth Energy Fund With $1.6 Billion

Kayne Anderson Capital Advisors, a Los Angeles-based private equity firm that focuses on oil and gas buyouts, closed its sixth fund, Kayne Anderson Energy Fund VI LP, raising $1.6 billion overall and matching the fund’s initial target. The new fund is nearly double the size of its previous effort, the 2009-vintage Fund V, which raised $820 million. Fund VI was “considerably oversubscribed,” according to the firm.

Cornell loses head of private equity

Ahmad Ali, who led the private equity programme since at least 2006, left in late February, just one in a host of leading LPs who have left their positions in the last year.

LPs commit to emerging markets, infrastructure

Credit Suisse has published its first quarter report showing that limited partners have been working to build exposure to emerging markets and infrastructure funds.

PE Asia Forum: LPs and GPs still looking for balance

A panel of LPs at the PE Asia Forum in Hong Kong had mixed views on the development of the LP-GP relationship.

Sankaty Advisors launches fifth fund

Bain Capital’s credit affiliate picked up a pair of commitments for Fund V last week, targeting $3.5bn for investments in the US and Europe.

Texas Teachers' raced to grow alternatives

Under Steve LeBlanc’s leadership, the private markets programme expanded at a fast clip, with the system averaging ‘two to three’ investments per month.

New Mexico forces transparency concessions

Sun Mountain Capital has agreed to new transparency requirements in response to a minor controversy surrounding its investment in Growstone through the state’s co-investment programme.

KKR courts European, Middle Eastern LPs

The firm has been working to expand its base of limited partners, including talking to institutions in Europe and the Middle East, and for the first time making a big effort to attract high net worth people and family offices.