Private Equity
Limited partners in Irving Place Capital’s $2.7 billion, 2006-vintage third fund have two options as part of the firm’s restructuring process, which is moving toward a conclusion this summer.
2 min read · 16 June 2015
We sat down with David Fann, co-founder of TorreyCove Capital Partners, to get his insights on concerns about deal prices, the elements of a winning LP pitch, the risks of co-investing and much more.
3 min read · 15 June 2015
It’s become clear that LPs need to have policies in place to consider environmental, social and governance (ESG) issues when performing due diligence on potential fund commitments.
3 min read · 15 June 2015
Veronis Suhler Stevenson hasn’t raised a new fund since 2009, when it closed its last credit fund. But the firm is embarking on a process that could provide it with fresh capital to make new investments – and a new lease on life.
3 min read · 15 June 2015
Bain Capital is kicking in a meaty commitment to its recently launched Asia fund, which is in keeping with the firm’s tradition of GP commitments well above market standard.
2 min read · 12 June 2015
The Pennsylvania State Employees’ Retirement System is on the hunt for a head of real assets strategy since its longtime chief David Kalman retired earlier this year.
1 min read · 11 June 2015
Ridgemont Equity Partners is in the market with its second fund, which has a target of around $900 million, according to a person with knowledge of the process, and a document describing the fund.
1 min read · 10 June 2015
Restructuring older private equity funds on the secondary market is quickly becoming a common tool that GPs can use to resolve older funds that have lived beyond their contractual terms.
3 min read · 09 June 2015
Veronis Suhler Stevenson is attempting something unique – it is trying to restructure every active fund it currently manages.
3 min read · 08 June 2015
Irving Place Capital has raised $500 million in what appears to be part of a restructuring of its 2006 fund, according to an SEC filing.
2 min read · 05 June 2015
