Private Equity
The New Mexico Educational Retirement Board has upped its alternatives allocation from 15 percent of total assets to 35 percent at the expense of the equities and fixed income asset classes. The new target surpasses that of the Teacher Retirement System of Texas as the largest alternatives allocation of any US pension plan.
1 min read · 04 January 2013
Grupo Gayosso, Mexico’s largest funeral services company, has been acquired by Advent International in a transaction valued at $317 million, including $40 million in subordinated debt.
2 min read · 04 January 2013
Hudson Group, which operates Hudson News stores in airports in the US and Canada, will be Advent International’s tenth investment in the travel-related business sector.
2 min read · 04 January 2013
The private equity firm is growing the fleet of Flight Options, the second Raytheon division to be picked up by a private equity firm this year.
1 min read · 04 January 2013
After weathering a turbulent 14-year investment period, Conduit Capital Partners has sold the last assets of its 1993 Latin Power I fund.
2 min read · 04 January 2013
Canadian Gibralt Capital has entered the popular aerospace sector with its acquisition of a majority stake in Toronto-based Skyservice Airlines.
2 min read · 04 January 2013
After a nearly decade-long holding period, New York-based Conduit Capital has successfully exited its stake in Colombia coal power plant Termotasajero.
2 min read · 04 January 2013
As established private equity markets slow in the wake of the credit crunch, global firms are looking further afield and local emerging market managers know this is no flash in the pan, Nicholas Lockley writes.
2 min read · 04 January 2013
Canadian Gibralt Capital has entered the popular aerospace sector with its acquisition of a majority stake in Toronto-based Skyservice Airlines.
2 min read · 04 January 2013
Advent International is following regional rival GP Investimentos into the Brazilian restaurant sector with its agreement to buy Viena for an undisclosed amount.
1 min read · 04 January 2013
