Private Equity
The pension may move away from a custom benchmark citing “unintended risk”
1 min read · 16 December 2014
Indiana Public Retirement System committed $175 million to Hellman & Friedman and The Blackstone Group in November and December, according to an investment update.
1 min read · 15 December 2014
Both commitments will go to Dyal Capital Partners, to acquire GP stakes
2 min read · 15 December 2014
The New Mexico Educational Retirement Board committed $40 million to Ares Special Situations Fund IV at board meetings this month, Executive Director Jan Goodwin said.
1 min read · 15 December 2014
The New Mexico State Investment Council plans to commit between $600 million and $650 million to private equity next year, a 20 percent increase over its 2014 pace, according to Dec. 15 meeting materials.
2 min read · 15 December 2014
Private equity fund investors can now co-invest alongside their managers’ business development companies (BDCs) without SEC approval, easing BDCs’ ability to deploy fresh capital.
3 min read · 15 December 2014
The European mid-market firm has raised more than €300m towards its €500m target
1 min read · 15 December 2014
The sale, which valued the company at £300m, has netted Equistone a 2.8x return
1 min read · 15 December 2014
<p>The cross-border fund has hit its hard cap after less than a year in the market</p>
2 min read · 15 December 2014
Everyone knows it takes a good four or five years for a private equity fund to mature to the point where results are meaningful. But it is still tempting to try to identify early winners from more recent vintages. And on that front early high achievers among buyout funds for Oregon Public Employees Retirement System include the vintage 2010 Veritas Capital Fund IV (1.89x investment multiple) and the 2011 vintage WLR Recovery Fund V (1.54x) and Advent International GPE VII-C (1.36x).
1 min read · 12 December 2014