Private Equity
Providence will commit capital from its Fund VI to the partnership, which will target growth equity investments in North America, Europe and Asia.
1 min read · 23 January 2014
The London arm of US-based VC group Accel Partners has bucked the dismal fundraising trend for European venture by racing to its target, thanks to strong support from US investors.
2 min read · 23 January 2014
Representative Robert Hurt’s bill would remove a registration requirement for private equity firms instituted by Dodd-Frank.
3 min read · 23 January 2014
A federal judge refused to dismiss a case alleging some of the world’s top LBO firms colluded on mega-deals made during the industry’s golden era, but said plaintiffs have fallen short of proving an overarching conspiracy.
3 min read · 23 January 2014
The firm – which this week reported a 29% year-on-year revenue increase driven by performance-related fees – has identified the lower mid-market as an area for good opportunities as it continues to expand its direct investment activity.
3 min read · 23 January 2014
The $12.4bn retirement system has a 5% target allocation to private equity and $170m for the asset class in 2013.
1 min read · 23 January 2014
The firm has raised roughly $150m more than its predecessor fund, attracting the majority of commitments from existing limited partners.
1 min read · 23 January 2014
The European buyout firm is selling part of Jakarta-based Matahari Department Stores, which it acquired in 2010 in Indonesia's first LBO.
1 min read · 23 January 2014
The firm will pay a six-figure penalty and return approximately $2.3m in capital commitments to investors as part of its settlement with regulators.
2 min read · 23 January 2014
The firm has appointed William Charlton, a lecturer at the University of Texas, who will take on some of the responsibilities of former partner Garth Troxell.
2 min read · 23 January 2014
