Private Equity
The growth equity investor is expected to close its Fund III on roughly $75m before the end of April, more than twice the size of its $28m predecessor fund.
2 min read · 23 January 2014
The VC arm of electronics giant Siemens has launched an RMB fund to invest directly in Chinese start-ups, taking advantage of the benefits given to corporations operating in the PRC.
2 min read · 23 January 2014
LPs can choose a 1.75% management fee and 25% carried interest, or a 1% fee and 30% carry in KPS' Fund IV, which is targeting $3bn.
2 min read · 23 January 2014
In his recommendation, Public School Employees’ Retirement System of Pennsylvania’s private markets chief Charles Spiller called Bain’s operational capabilities a ‘competitive advantage’ over the firm’s peers.
2 min read · 23 January 2014
The firm doubled the size of its $2.5bn predecessor fund and has invested more than $1bn in nine mezzanine transactions to date.
2 min read · 23 January 2014
Two energy executives from HM Capital, Jason Downie and Edward Herring, have formed a new firm with the help of Landmark Partners that will manage existing energy investments.
3 min read · 23 January 2014
GPs must prioritise getting reasonable valuations in Asia, with PIPE deals often limiting the ability to enter at good prices or influence businesses, according to speakers at PEI's Asia Forum.
2 min read · 23 January 2014
Morgan Stanley executive Barry Kenneth will oversee investments for the UK’s £13bn Pension Protection Fund, which allocates 20% to alternative assets.
2 min read · 23 January 2014
The listed fund of funds – whose recent commitments include funds from Advent, IK, Charterhouse and Towerbrook – recorded a slow-down in distributions and capital calls in the fourth quarter.
2 min read · 23 January 2014
It is unclear what co-founder Marc Lasry’s departure would mean for Avenue Capital. Pensions documents list him as a key man on the firm’s most recent special situations fund.
2 min read · 23 January 2014
