Private Equity
Thanks to a steadily improving domestic economy, limited partners allocated more than 60 percent of their total buyout fund commitments to U.S. vehicles in 2014, their highest share of the previous four years, according to Bain & Co’s Global Private Equity Report.
2 min read · 09 March 2015
4 min read · 09 March 2015
The Canada Pension Plan Investment Board (CPPIB) is taking a more disciplined approach to deal selection as prices soar to pre-global financial crisis levels, Senior Principal Neal Costello said at the Columbia Business School Private Equity & Venture Capital Conference on March 6.
2 min read · 09 March 2015
Several major limited partners finalized plans to ramp up their commitment pacing in 2015 recently, setting the stage for another banner year for fundraising. But with general partners coming off the strongest fundraising year since 2008, a fresh outpouring of commitments could push dry powder levels to uncomfortable heights.
5 min read · 09 March 2015
The SEC ended a three-year investigation into private equity-backed Cobalt International Energy last month, opting not to penalize the oil and gas company for alleged Foreign Corrupt Practices Act (FCPA) violations relating to its stake in oil wells in Angola.
4 min read · 09 March 2015
The SEC has no plans to ease up on its investigation into the misallocation of fees and expenses by buyout shops, but regulators say the industry has made strides in improving transparency and the terms offered to investors.
3 min read · 09 March 2015
The following hires, promotions and appointments are for the March 9, 2015, issue of Buyouts.
5 min read · 09 March 2015
3 min read · 09 March 2015
After growing her fund administration firm PEF Services LLC to more than 130 funds and 40-plus employees since co-founding it in 2002, CEO Anne Anquillare has also become an active proponent of a more manageable regulatory framework for middle-market private equity firms.
3 min read · 09 March 2015
The director of the Teacher Retirement System of Texas’s emerging manager program answers five questions, including what TRS looks for in emerging managers, if the funds it has committed to share any traits, and what the future holds.
4 min read · 09 March 2015
