Private Equity
The mega-firm’s board of directors elected Farr (pictured) to immediately start leading its asset management division after former head William Sonneborn decided to retire.
2 min read · 19 September 2013
The emerging markets specialist, who worked for AIG Investments and its eventual reincarnation PineBridge Investments, left the firm about a year ago.
2 min read · 19 September 2013
The energy division of private equity shop Ridgewood Companies has already raised $449.5m toward its second oil and gas vehicle.
1 min read · 19 September 2013
The sovereign fund has tapped Carlyle for an energy-focused managed account, and has committed up to $1bn to Blackstone for hedge fund-related private equity.
4 min read · 19 September 2013
The two UK-based firms, which operate at different ends of the buyout spectrum, have shown investor appetite for Europe remains strong.
3 min read · 19 September 2013
The firm has raised more than double the amount collected by its $118m second fund in 2008.
2 min read · 19 September 2013
Some of the highest portfolio returns were produced by the 19 secondary deals that were completed during 2012, according to an Ernst & Young study.
2 min read · 19 September 2013
The financial services specialist firm is expected to pay around £300m for the book of unsecured loans, five years after submitting a failed bid for the whole of the nationalised UK lender.
2 min read · 19 September 2013
Buyout firms operating in the hexagon have generated a 10.7 percent IRR over the last 10 years – better than all major European countries and above the United States average, new research found.
2 min read · 19 September 2013
The London-listed firm, which saw a string of exits in recent months, is planning to sell more portfolio companies, 3i’s finance director Julia Wilson said during a conference call.
3 min read · 19 September 2013