Private Equity
The $10.8bn pension system has made first-time commitments to four managers since June as it works to diversify its portfolio and shift exposure from large-cap funds to small and mid-sized funds.
2 min read · 17 January 2013
The firm has sealed its third and largest investment of 2012 by investing $700m in insurance broker USI.
2 min read · 17 January 2013
Michael Williams led Fannie Mae through its government conservatorship following the US mortgage crisis.
1 min read · 17 January 2013
BC Partners has refinanced some of the debt used for its €1.9bn acquisition of Com Hem last year, unlocking a dividend which is the first (partial) realisation from the firm’s latest fund.
2 min read · 17 January 2013
The partnership between Silver Lake and billionaire George Soros will expand German recycled plastics company friedola Tech by opening a new manufacturing facility in the US.
2 min read · 17 January 2013
Following the acquisition of German automotive company The Bosch Group’s brakes business in January, KPS has purchased Australian automotive business Autocast and Forge.
2 min read · 17 January 2013
US buyout volume, exit volume and fundraising levels all fell during the third quarter of 2012, though mid-market activity remains on par with 2011 through mid-November.
2 min read · 17 January 2013
The private equity investment bank has expanded its New York office with the hiring of former placement agent executive Jonathan Jameson.
1 min read · 17 January 2013
The UK-headquartered firm has promoted Mark Piasecki (pictured) to a principal while Robert Knight and Cyril Bourdarot have been made investment executives.
2 min read · 17 January 2013
The consumer-focused firm, which has remained active both on the acquisition and exit front this year, is targeting $250m for its fifth fund.
2 min read · 17 January 2013