News

Navis sells Australian automotive company to Quadrant

Malaysia’s Navis Capital Partners, whose $1.2bn buyout vehicle Fund VI is in divestment mode, realised over $300m from the sale of WorldMark to the Sydney-based firm.<br />

Chart of the week: China opens its doors to foreign fundraising

<p> <em><span>Foreign fundraising looks set to rise as the country seeks to improve its exposure to the global market.</span></em></p> <p><em><span> <br /></span></em></p>

Just closed: Summit Partners raises $2.35bn

<p>View the latest closings<br /></p> <p> </p>

Headlines and bottom lines

The New York Times’ unflattering portrait of the industry is best ignored: but the industry’s image needs constant care and maintenance

Just closed: Stellex Capital raises $586m

View the latest closings

SEC fines WL Ross for miscalculation of transaction-fee sharing

California PE transparency bill heads to Gov. Jerry Brown's desk

Cobalt International, backed by PE, faces liquidity shortfall: S&amp;P

Portfolio Advisors seeks $900m for PAPEF IX – Exclusive

The investment manager is in market with at least six vehicles including a dedicated secondaries fund and a real estate fund of funds.

Eaton: SWFs a boon for placement industry

Charlie Eaton, founder of Eaton Partners, says the proliferation of sovereign wealth funds as private equity investors helps offset pension fund bans on placement agents