North America

Arsenal promotes two

<p>The promotions of Seroussi and Rooney follow Arsenal’s hiring of its ninth operating partner earlier this month. </p>

KKR to acquire debt affiliate

Publicly traded specialty finance company KKR Financial Holdings is already managed externally by KKR.

Outlook 2014: Regulatory certainty to help spur PE activity

<p>Fewer questions surrounding regulations will help drive US private equity deal activity in 2014, according to SBIA president Brett Palmer.</p>

Snap Fitness, franchisor of fitness clubs, is on the block

Snap Fitness, which is backed by Summit Partners, is up for sale, sources tell peHUB.

CalPERS sizes up emerging manager programme

<p><em><span lang="EN-US">The system has hired Cambridge Associates to conduct a review of its emerging manager programme. </span></em> </p>

Trinity Hunt closes Fund VI on $211m

<p>The firm has made two investments from the fund to date.</p>

CalPERS assembles all-star panel for emerging manager review

The California Public Employees’ Retirement System has put together a panel of financial industry veterans, as well as member of its own investment staff, to help the system review its emerging manager program.

Blackstone&#039;s Hilton IPO could net $10bn profit

The New York firm put equity of around $6.5 billion into its takeover of Hilton six years ago and its stake could be valued at $15 billion based on the floatation price of the company’s shares.

Silver Lake backs $6.6bn tech deal

<p>The firm will invest $1bn to support Singaporean Avago Technologies in its takeover of LSI.</p>

Atlas closes Fund II on $900m hard-cap(2)

<p>Atlas Capital Resources Fund II launched in September with a $650m target.</p>