Private Equity
The firm has added Brian Markison, former CEO of Fougera Pharmaceuticals, as an industry executive to help source deals and oversee investments. Avista now has 13 operating executives.
1 min read · 17 January 2013
The Private Equity Growth Capital Council increased its effort to combat negative perceptions of private equity as the election season enters its final months.
2 min read · 17 January 2013
The $25bn pension has committed to funds managed by Advent International and BGP Properties. PA SERS is working to meet its $500m annual commitment target as part of its overhaul of its alternatives programme.
2 min read · 17 January 2013
CalPERS’ job is not to ‘make managers happy’, CIO Joseph Dear said at a recent hearing, while defending the system’s commitment to emerging managers.
3 min read · 17 January 2013
CPPIB has anchored a vehicle managed by the Grant Behrman-led firm to house five portfolio companies. The companies will pay an exit fee used mostly to cash out existing LPs.
3 min read · 17 January 2013
The Carlyle Group’s sixth flagship fund has raised at least $2.86bn, which includes a sizable commitment from the firm’s executives.
2 min read · 17 January 2013
The Carlyle Group has been active with its South American Buyout Fund recently, acquiring Brazil’s Tok&Stok after purchasing stakes in Grupo Orguel and Ri-Happy earlier this year.
1 min read · 17 January 2013
The firm has named Yeatts Anderson and Tim Dillon vice presidents. Ridgemont has grown its total staff to 25 professionals since spinning out of Bank of America in 2010.
2 min read · 17 January 2013
Two US private equity investors recently made encouraging moves towards stemming the ‘pension brain drain’.
3 min read · 17 January 2013
The James Zenni-led firm is expected to hold a first close on roughly $200m for its second special situations fund by the end of next month.
2 min read · 17 January 2013