Private Equity
The listed fund of funds – whose recent commitments include funds from Advent, IK, Charterhouse and Towerbrook – recorded a slow-down in distributions and capital calls in the fourth quarter.
2 min read · 21 September 2013
The Paris-based fund of funds has expanded its investment team to include executives with direct deal experience in a bid to respond to increased LP demand for co-investment exposure.
2 min read · 21 September 2013
A University of Oxford analysis of CalPERS’ private equity portfolio has found that GPs inflate valuations of existing portfolio companies while marketing follow-on funds.
3 min read · 21 September 2013
As LP concerns with portfolio liquidity fall, willingness to invest in illiquid strategies like private equity and venture capital has grown.
2 min read · 21 September 2013
KPS Capital Partners’ recent success on the fundraising trail continues with a $50m commitment from the $25.3bn Pennsylvania State Employees’ Retirement System.
2 min read · 21 September 2013
As it approaches a first close around the €2bn mark, Permira has cut its final target for Fund V to between €4bn and €5bn.
2 min read · 21 September 2013
The Indiana Public Retirement System had been searching for a manager for the $150m programme that will invest in funds and companies that have extensive business in the state.
2 min read · 21 September 2013
The Teachers’ Retirement System of Louisiana is the latest institutional investor to back KPS’ Special Situations Fund IV. The predecessor vehicle had generated a 19.3% net IRR as of 30 June.
2 min read · 21 September 2013
The New York State Common Retirement Fund has also secured a €7.9m secondary stake in Stirling Square Capital Partners Fund II through a separately managed account.
1 min read · 21 September 2013
China’s institutional investors, which together have $3 trillion in reserves, are taking a slow and cautious approach to private equity real estate, delegates heard at the PERE Asia Summit in Hong Kong.
2 min read · 21 September 2013
