Private Equity
Longtime Sankaty LP University of Michigan has committed $40m to the Bain credit affiliate’s latest offering, which is targeting $3.5bn.
2 min read · 17 January 2013
The $4.7bn fund of funds has acquired 100% of Hong Kong-based funds of funds Squadron Capital, which is currently targeting $400m for Fund III.
2 min read · 17 January 2013
The $89bn retirement system unveiled commitments to Nautic Partners VII, Clearlake Capital Partners III and Silver Lake Partners IV in its October meeting materials.
2 min read · 17 January 2013
Mauricio Salgar is taking over from Diego Serebrisky, who led the Bogotá office for just one year.
2 min read · 17 January 2013
Mike Smith, who’s led CVC to become one of the world’s largest private equity firms, will be succeeded by Donald MacKenzie, Rolly van Rappard and Steve Koltes.
2 min read · 17 January 2013
The US bank is expanding its UK operations for the second time this year, viewing the UK as ‘a hub’ for Europe.
2 min read · 17 January 2013
The firm, in which TPG Capital owns a 5% stake, beat its $800m target and closed on $997m. The fund is one of a number of distressed vehicles focusing on opportunities in both the US and Europe.
2 min read · 17 January 2013
As it works to meet its $500m annual commitment target, the US public pension has committed to LLR’s Fund IV, targeting $800m.
2 min read · 17 January 2013
The fund of funds manager, whose longstanding chief executive David Currie retired last month, has hit a first close for a fund of funds focused targeted at the North American market.
1 min read · 17 January 2013
The firm has enjoyed strong demand from the LP community for its seventh investment vehicle, which is said to be set to close around year's end.
2 min read · 17 January 2013
