Private Equity
The Texas energy investor has swept past its $2.5bn target, even after losing a $40m commitment from a pension after a disagreement over a placement agent policy.
3 min read · 05 January 2013
Sam Masoudi, managing director with the Tulane University Investment Management Office, provides four predictions for 2011.
2 min read · 05 January 2013
The firm will target slightly more for the fourth private equity fund than the $700m it raised for Fund III. Earlier this year, Blackstone bought a 40% stake in Patria for $200m.
2 min read · 05 January 2013
Private equity investment in Latin America’s largest economy increased dramatically in 2010, with no signs of slowing down anytime soon.
3 min read · 05 January 2013
First Reserve plans to sell its majority stake in the Bahamas Oil Refining Company terminal to Buckeye Partners in a $1.36bn cash-and-equity deal expected to close in the first quarter.
2 min read · 05 January 2013
Already private equity friendly, Latin America’s largest economy has reduced taxes for foreign investments in private equity funds, according to reports.
2 min read · 05 January 2013
Regulations loom, economic growth will stay slow and huge amounts of un-invested capital will be chasing deals. In some emerging markets like China, a capital bubble may be forming, writes David de Weese.
2 min read · 05 January 2013
A majority of LPs will be looking to maintain their allocation levels to private equity, or even decrease those levels, and most will only have a limited interest in meeting new GPs, according to a survey from Probitas Partners.
2 min read · 05 January 2013
The fund of funds alleges Maria Boyazny stole 'commercially sensitive' data before leaving to start MB Global Partners, a charge Boyazny has denied. The lawsuit has since been withdrawn.
3 min read · 05 January 2013
Aldus Equity, founded by Saul Meyer, agreed to pay more than $6m to settle its case in New York's pension pay-to-play probe.
3 min read · 05 January 2013