Private Equity
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 · 21 September 2013
The Institutional Limited Partners Association’s collaboration with Cambridge Associates created a subset of data using private equity and venture capital funds from ILPA members’ portfolios.
2 min read · 21 September 2013
Shoreline Capital has raised $303 million for a China-focused special situations/distressed debt fund, almost twice the amount of its debut fund, but still below its $400 million target.
2 min read · 21 September 2013
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 · 21 September 2013
The $52.9bn retirement system has finalised a commitment of up to $30m to HIG Capital Partners V, which will target investments in the US lower mid-market.
2 min read · 21 September 2013
The investment is likely to be the last by the firm’s Expansion Capital Fund II, a 2007 vintage now close to 80% invested.
2 min read · 21 September 2013
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 · 21 September 2013
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 · 21 September 2013
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 · 21 September 2013
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 · 21 September 2013
