Managers

Ridgemont Equity beefs up for bigger Fund II

First Reserve private equity co-head leaves firm

CalPERS snags significant fee breaks on private equity

Midwest-focused Mason Wells targets $550 mln for fourth fund

Bain warns Asia-focused GPs to avoid past mistakes

Competition for Asia-Pacific deals will continue to be intense due to record amounts of funds ready to invest, forcing all players in the private equity industry to learn the lessons of the past and improve performance, according to the Asia-Pacific Private Equity Report 2015 by Bain & Company.

Ridgemont closes REP II on $995m hard cap

Ridgemont Equity Partners II is larger than its $735m predecessor, but will follow the same strategy as REP I seeking buyout and growth equity investments of $25m-$100m in sectors including energy, healthcare, TMT and basic industries and services.

Energy & Minerals Group expects to dig up $3 bln for second close

KPS to make 3x return after turning around bus maker MCI

CalPERS projects $5.8 bln in PE commitments

Citic to take Singaporean medical device maker private

Citic currently owns just under 20 percent of the company, and the acquisition would see it acquire the remaining stock and de-list the company.