Private Equity
The New Jersey Division of Investments has sold stakes in GTCR, TPG and Madison Dearborn V-A, which sold at a discount.
2 min read · 06 January 2013
The $12.3bn retirement system has re-upped $50m to Platinum Equity’s third fund, which is targeting $3.75bn.
2 min read · 06 January 2013
The time needed for GPs to address LP information requests could interfere with time needed to actually put capital to work, according to panelists at PEI’s CFOs & COOs Forum Asia.
2 min read · 06 January 2013
The bankrupt parent company of American Airlines had $389m-worth of unfunded exposure to private equity funds as of 31 December. It’s not clear if the company will continue to meet capital calls through bankruptcy proceedings.
3 min read · 06 January 2013
The $83bn retirement system committed to five funds in the third quarter, including up to $100m each for Leonard Green & Partners, Providence Equity Partners and Vista Equity Partners.
1 min read · 06 January 2013
Private equity firm the China-ASEAN Investment Fund will next year raise a fund up to three times the size of its current $1bn fund dedicated to Southeast Asia, as LPs look to increase their exposure to the region.
2 min read · 06 January 2013
NGP’s tenth fund continues to generate support from LPs after the firm scrapped its original proposal for a water resources, food and agriculture fund.
2 min read · 06 January 2013
In a sign that both Nordic private equity and the energy sector remain in vogue, Norwegian group HitecVision’s latest fund has reached its hard-cap in less than four months.
1 min read · 06 January 2013
Guy Hands-led Terra Firma has held exploratory talks with two sovereign wealth funds over the possibility of managing capital on a segregated account basis.
1 min read · 06 January 2013
LPs are becoming increasingly vocal about the development of environmental and social governance programmes, and a recent BVCA report indicates that fund managers are listening.
2 min read · 06 January 2013
