Private Equity
Rio Bravo has managed to close its Energia I fund without giving up seats on its investment committee to the Brazilian pension LPs.
2 min read · 06 January 2013
Investments in MF Global, Shinsei, Hypo Real Estate and Nordbank will likely leave LPs in JC Flowers’ $7bn Fund II with losses.
3 min read · 06 January 2013
KPERS carved out a separate private equity allocation in 2007 and has been slowly working to build exposure to the asset class. At a time when many other US public pensions are trimming back their portfolios, Kansas has room to grow.
2 min read · 06 January 2013
Increased realisations, fewer deals and careful portfolio management in the face of macro uncertainty were the main themes conveyed in 3i Group's interim statement.
2 min read · 06 January 2013
The firm has already picked up a $75m commitment from New Mexico’s State Investment Council, whose staff cited strong returns from Funds II and III.
2 min read · 06 January 2013
The firm has hired former Advent managing director Martin Escobari to head up General Atlantic’s Brazil office and Latin American investing programme.
1 min read · 06 January 2013
Emerging markets-focused investment group Actis, which remains in negotiations with the UK government over the 40% of the business still owned by state agency DfID, has promoted three of its executives to partner.
2 min read · 06 January 2013
Private equity firms would be directly impacted if a proposal in India’s Parliament to raise the capital gains tax to 30% from 20% is enacted.
2 min read · 06 January 2013
The firm has hired Richard Hope, former director at Alliance Trust Equity Partners, as a vice president in London. Hope is Hamilton Lane’s second hire for its London office in the past two months.
1 min read · 06 January 2013
After losing the head of its Rio office to Hamilton Lane in September, Capital Dynamics has hired former Stratus Group managing director Marcelo Moraes to lead a new office in São Paulo.
1 min read · 06 January 2013
