Private Equity
A 1996 vintage media and communications fund from Providence Equity Partners is tops among buyout funds backed by the Oregon Investment Council, according to performance data as of year-end. A 2006 vintage financial-services fund managed by J.C. Flowers & Co. brings up the rear.
2 min read · 24 June 2013
Washington State Investment Board is probably wishing it had committed a little more money to vintage 2001 buyout funds, a little less to vintage 2007.
3 min read · 10 June 2013
ACON Investments, which specializes in Latin American buyouts and companies that aim to capitalize on the growing U.S. Hispanic marketplace, reached a final close on its third flagship fund, ACON Equity Partners III LP, raising $751 million, according to the firm. The new fund, which has been in the market since the fall of 2011, exceeded its original $600 million target.
2 min read · 07 June 2013
3 min read · 06 June 2013
With a $250 million follow-up commitment from the Oregon Investment Council, Kohlberg Kravis Roberts & Co’s latest flagship fund is within reach of its $8 billion target, a fundraising goal the firm started pursuing nearly two and a half years ago.
3 min read · 03 June 2013
Solera Capital, one of the industry’s few women-led firms, has failed to immediately win a $50 million commitment from the Oregon Investment Council, which opted to table the prospective investment to Solera Capital Partners II LP pending further review, according to James Sinks, a council spokesman. The new fund has a $350 million target.
3 min read · 30 May 2013
Cerberus Capital Management has generated the highest returns to date for the Pennsylvania’s Public School Employees’ Retirement System among privately-raised debt funds, according to an analysis by Buyouts.
2 min read · 30 May 2013
Wayzata Investment Partners, a distressed debt-shop with a penchant for taking control of companies, closed on its third fund, Wayzata Opportunities Fund III LP, having raised $2.7 billion, slightly more than the initial $2.5 billion target. The firm started raising Fund III in the third quarter of 2011.
2 min read · 28 May 2013
3 min read · 26 May 2013
Some dozen years after the launch of its debut fund, Solera Capital is raising a second vehicle, Solera Capital Partners II LP.
2 min read · 24 May 2013
