Private Equity
Financial services group Northern Trust is bolstering its private equity operations and has created a new alternative assets unit headed by former director of private equity, Robert Morgan.
1 min read · 06 January 2013
If adopted, the $235bn pension system would place most of its alternative investments in buyout funds, with an additional 30% in credit related investments and growth/expansion funds.
2 min read · 06 January 2013
The Truell brothers have joined with other investors to provide funding to a fledgling technology group, Lysanda.
1 min read · 06 January 2013
Private equity firm Ares Capital and the Canada Pension Plan Investment Board are to acquire discount retail chain 99 Cents Only in a deal valued at $1.6bn.
2 min read · 06 January 2013
The $41bn pension system will commit between 5 and 10% of its future allocations to emerging managers, which Treasurer Steve Grossman says generate superior returns.
2 min read · 06 January 2013
The fund of funds is expanding its product development team with the hiring of Amanda McCrystal from rival firm HarbourVest.
1 min read · 06 January 2013
Boutique investment bank The Raine Group has closed its first private equity fund and made a raft of senior appointments.
1 min read · 06 January 2013
The China-focused venture firm will continue to make investments in the country's IT, cleantech and consumer services sectors, but will now also target healthcare for the first time.
2 min read · 06 January 2013
The AXA Group is performing a strategic review of its private equity funds of funds unit, AXA PE, which could result in it selling the business.
2 min read · 06 January 2013
The Japanese conglomerate is selling a portfolio of buyout stakes to AXA Private Equity.
2 min read · 06 January 2013
