Private Equity
Pfingsten Partners, a Chicago-based firm, is back in the market with its fifth fund, targeting less than it raised for its prior vehicle, according to two people with knowledge of the fundraising.
1 min read · 19 January 2015
The Los Angeles County Retirement Association plans to commit approximately $2 billion to private equity funds this year, or $1.1 billion more than it committed in 2014, Chief Investment Officer David Kushner said in an email.
2 min read · 16 January 2015
Larry Keele, a co-founder of Oaktree Capital Management who leads the firm’s $5 billion U.S. Convertible Securities portfolio, is retiring at the end of June, according to a memo sent to clients this week.
2 min read · 15 January 2015
Another China Investment Corp (CIC) private equity veteran has moved into the private sector.
2 min read · 14 January 2015
1 min read · 12 January 2015
In my perch observing the industry from as close inside as possible, I don’t always take a look outside to see the effects on the places and people where private equity makes its investments.
4 min read · 12 January 2015
Crestview Partners constructed its early investment portfolio with heavy exposure to the financial services sector. Then the Lehman Brothers collapse and tumbling equity markets hit that portfolio like a hurricane.
4 min read · 12 January 2015
2 min read · 12 January 2015
EIG Global Energy Partners tapped China’s massive sovereign wealth fund for talent to run its debut office in Asia.
2 min read · 08 January 2015
Ardian, the fund of funds and secondary firm that spun out of French insurance giant AXA in 2013, deployed more than $10.8 billion in 2014 on secondary deals, representing up to one-third of total secondary deal volume.
3 min read · 07 January 2015