North America

Energy Future Holdings files for bankruptcy

<p>The largest-ever LBO, backed by KKR and TPG, has succumbed to its $40bn debt load.</p>

NYCERS launches emerging manager programme

<p><span lang="EN-US">The system has announced a plan to commit more capital to minority and women-owned business enterprises.</span> </p>

Hamilton Lane closes FoF on $427m

<p>The firm surpassed its $400m target for its eighth fund of funds.</p>

Ironbridge closes Fund II above hard-cap

<p><span lang="EN-US">The Toronto-based firm raised C$154m on a C$90m target. </span> </p>

Washington State commits $400m to PE and VC

The State Investment Board committed to two private equity funds and one venture capital fund.

Exclusive: FFL collects $1bn for Fund IV

<p>The San Francisco-based firm is targeting $1.5bn for mid-market investments.</p>

Golden Gate in 3x exit to Fortress

<p>The firm is selling Mexican restaurant chain On The Border, which it acquired for $180 in 2010.</p> <p><em></em> </p>

One Rock closes debut fund on $432m

<p>One Rock Capital Partners’ first fund was oversubscribed and beat its $300m target.</p> <p></p>

GI Partners hits $2bn hard-cap

<p>The mid-market firm’s fourth fund beat its $1.5bn target.</p>

Meet the LP: Griffith Norville, Hamilton Lane

In this video from the PartnerConnect East conference in New York in March, Griffith Norville, a vice president at the advisory firm Hamilton Lane, talks about the regions that the firm favors (the United States still offers the best opportunities), the sectors it likes (mid-market buyouts are most attractive), the role of co-investments, and steps that GPs can take to improve their chances.