Private Equity
CalPERS’ apparent move to reduce its support for emerging managers has got the massive pension system into some political hot water.
9 min read · 17 January 2013
The Boston-based firm is poised to make its first Spanish investment, after agreeing to acquire call centre business Atento for more than €1bn.
2 min read · 17 January 2013
Ares Management reportedly beat rival Centerbridge Partners to acquire food retailer Smart & Final, which Apollo purchased in 2007.
1 min read · 17 January 2013
The state’s $25bn Public Retirement System is offloading more than $800m-worth of fund commitments as part of a portfolio ‘clean up’.
2 min read · 17 January 2013
Tighe Sullivan had joined 3i in August when the firm established a joint venture with US debt specialist WCAS Fraser Sullivan Investment Management, which Sullivan co-founded.
2 min read · 17 January 2013
The UK’s Acteon Group, a provider of subsea services in the upstream oil and gas sector, will have a new set of private equity sponsors.
1 min read · 17 January 2013
The firm will acquire the coating resins division of listed chemicals company Cytec Industries. Advent plans to expand the business in emerging markets in Asia.
1 min read · 17 January 2013
The Carlyle Group has closed its third new-issue CLO fund of the last 12 months as its ‘Global Market Strategies’ platform continues to expand.
1 min read · 17 January 2013
While the performance of portfolio companies returned to pre-revolutionary levels, a lack of exits and one-off fees hampered the firm’s performance.
2 min read · 17 January 2013
KPS Capital Partners has notched a 70% compounded IRR through its sale of HHI Group Holdings to American Securities.
2 min read · 17 January 2013
