Private Equity
New York Life Investments’ father-and-son led Private Advisors raised $279m for its small buyout fund of funds and an additional $61m for a parallel regulatory fund.
2 min read · 19 September 2013
As new buyouts remain scarce, many GPs are taking advantage of the high yield bond market to refinance deals for dividend recaps, David Whiteley, a managing director leveraged loan markets at Lloyds Bank, tells PEI.
3 min read · 19 September 2013
The $12bn pension committed to ACON’s third fund, which closed on $751m in May.
2 min read · 19 September 2013
GP distributions shot up 123% during the fourth quarter of 2012, marking the highest yearly and quarterly distributions in the 27-year history of Cambridge Associates’ Private Equity Index.
2 min read · 19 September 2013
Private equity accounted for a higher proportion of assets managed by alternatives specialists last year, according to a new survey, with Goldman Sachs, Blackstone and TPG leading the way.
2 min read · 19 September 2013
After just four months of fundraising, Marlin’s fourth vehicle surpassed its $1bn target and was three times oversubscribed.
2 min read · 19 September 2013
Although China’s State Commission Office has revealed that the CSRC will be the primary regulator of private equity, the industry remains in the dark on what regulations it is likely to implement.
4 min read · 19 September 2013
Private equity firms paid $8.3bn in fees to investment banks in the first half, according to Dealogic, the highest amount since 2007.
2 min read · 19 September 2013
The development finance specialist has hired a former IFC executive to fill the newly created role, as it seeks to accelerate its move towards direct debt and equity investing in Africa.
2 min read · 19 September 2013
The Swiss fund of funds has held a final close on its maiden vehicle, which has sought to enlist investor interest by offering a one year investment period and early distributions.
2 min read · 19 September 2013
