Private Equity
Pam Hendrickson has long been a vocal defender of private equity, and has waded into the growing debate about the merits of the asset class.
2 min read · 08 February 2013
Rich Hall, who was recently named private equity head at the pension system, said the asset class is essential to the fund generating the returns it needs to meet its obligations.
3 min read · 08 February 2013
The $12.78bn retirement system has invested $100m across five funds since its February meetings.
2 min read · 08 February 2013
The President’s recent attacks on Mitt Romney and Bain Capital were openly criticised by noted Obama ally Newark, New Jersey Mayor Cory Booker over the weekend.
3 min read · 08 February 2013
The industry is in for a rough ride to November now that the US Democratic campaign has fired the opening salvo in its attacks against Mitt Romney’s private equity past.
2 min read · 08 February 2013
FountainVest CEO Frank Tang told board members of a San Diego pension that China was unlikely to reverse its course on open markets and strong regulations.
3 min read · 08 February 2013
Facebook has raised $16bn in its IPO, valuing it at $104bn. Accel, Greylock, Elevation, Goldman, Meritech and Millennium are among the firms with potential exits to celebrate.
2 min read · 08 February 2013
Senior managing director Timothy White will transition out of GSO after the group eliminated its ability to make private equity investments in its second mezzanine fund.
3 min read · 08 February 2013
The $460bn sovereign wealth fund has been experiencing an exodus of alternative investment professionals, many of whom were hired during the fund’s initial launching of its private equity programme.
3 min read · 08 February 2013
The private equity industry invested $144bn across 1,702 transactions in the US in 2011, according to a recent Private Equity Growth Capital Council Report.
2 min read · 08 February 2013
