North America

BridgePoint books more than 3X return on Pulsant

<span style="font-size: 11pt; font-family: Calibri, sans-serif;">BridgePoint has sold IT infrastructure provider Pulsant to Oak Hill for greater than 3X return</span><span style="font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(31, 73, 125);">.</span>

First Reserve closes second infrastructure fund on $2.5bn

<p>The Connecticut-based private equity firm has closed its second infrastructure fund on its $2.5 billion hard-cap.</p> <p><span class="apple-converted-space"><span></span></span> </p>

Pennsylvania allocates $50m to private equity

<p>The state employees’ pension system will allocate $25 million each to two funds.</p> <p> </p>

EQT’s Von Koch: ‘PE needs to be more transparent’

<p>Speaking at the EVCA conference in Vienna, Thomas von Koch said just generating good returns is not good enough.</p> <p> </p>

Bain sues EY over $60 mln loss in India

Bain Capital is suing EY in a United States court, claiming that the auditing firm cost it roughly $60 million by advising it to invest in Lilliput Kidswear, a children’s clothing company in India.

GE Antares exec sees mid-market demand for energy deals

The chief of leveraged lending specialist GE Antares Capital, a unit of General Electric Co, sees more energy deals in the pipeline as mid-market sponsors seek out ways to boost returns through investments related to oil, natural gas and other fuels both in the United States and abroad.

Bain and Goldman settle in collusion case

<p>Five buyout firms now remain accused of bid rigging in buyout deals.</p> <p> </p>

Permira V closes above $7 billion with recent momentum

Permira Advisers said it closed Permira V with $7.2 billion in commitments, capping off a fundraising process that gained traction with positive economic signals in Europe and the United States and growing interest from LPs.

Wisconsin plans portfolio sale

<p>The State of Wisconsin Investment Board will sell a legacy portfolio valued at $203 million.</p> <p> </p>

Wisconsin has a private equity portfolio to sell

The State of Wisconsin Investment Board oversees a legacy private equity portfolio that was valued at about $203 million as of Dec. 31 that it is looking to sell off, according to public documents from the pension system.