Private Equity
Direct secondary investment firm Accretive Exit Capital Partners has closed its HarbourVest-backed debut fund on $125m and paid Evercore Capital Partners $110m for stakes in five assets. With its debut fund nearly fully deployed, Accretive will soon head to market with a fund targeting $300m to $400m.
3 min read · 04 January 2013
For-profit education investor Apollo Global, 20 percent of which is owned by Carlyle, has purchased from Carlyle Mexico Partners 65 percent of a Mexican university valued at $47m.
2 min read · 04 January 2013
The Rio-based powerhouse, led by Brazil's former central bank chief, now has $2.7bn earmarked for ‘illiquid’ deals.
2 min read · 04 January 2013
The $13bn public pension has committed to private equity funds including Lincolnshire Management and Nordic Capital.
1 min read · 04 January 2013
More than 55 leases in the US oil- and gas-producing region are involved in the firms’ Royal Offshore joint venture. The agreement represents Avista’s second multimillion dollar energy exploration deal in the past two weeks, as it continues to deploy its debut $2bn fund.
1 min read · 04 January 2013
New Mexico's $13bn state pension scheme has approved $60m in commitments to three private equity funds, including Quantum’s energy exploration fund.
2 min read · 04 January 2013
Six months after closing a $3.6bn fund, the New York buyout firm has agreed to buy Harvey Gulf International Marine, which provides services to the oil industry in the Gulf of Mexico.
1 min read · 04 January 2013
Global Infrastructure Partners and energy company Fortistar have acquired bankrupt Texas power generation plant Channelview after US courts approved the deal last month.
2 min read · 04 January 2013
Daniel Dantas, who once managed Brazil's largest private equity fund, was arrested yesterday on suspicion of heading a criminal organisation; the executive has been embroiled in a long string of legal conflicts stemming from his alleged mismanagement of the Citigroup-affiliated private equity fund.
2 min read · 04 January 2013
GMR Infrastructure will purchase AIG’s 50 percent stake in power generation company InterGen, while Ontario Teachers’ will continue to hold the remainder of the company it purchased with AIG in 2005. The firms paid a combined $1.75bn to acquire InterGen two years ago.
1 min read · 04 January 2013
