Private Equity
The Nick Money-Kyrle led private equity firm has agreed to its second big exit of the year, scoring a 4.2x return on its 2006 investment in FEP Fahrzeugelektrik Pirna.
1 min read · 06 January 2013
A study finding private equity managers generate alpha is true to mark, regardless of some biases in its methodology, said Oliver Gottschalg of the HEC School of Management.
2 min read · 06 January 2013
SL Investment Management, a fund manager that builds investment vehicles around traded life insurance policies, has launched a venture fund to invest in early stage venture capital in the UK and Europe.
2 min read · 06 January 2013
Pala Investments portfolio company Norcast is engaged in pre-litigation procedures regarding Castle Harlan’s $218m sale of Norcast Wear Solutions in July.
2 min read · 06 January 2013
The independent firm, renamed Fulcrum Capital Partners, will manage over C$700m (€508m; $678m) split between a private equity fund and separate mezzanine pool.
2 min read · 06 January 2013
The Boston-based energy-focused firm has collected about $1.7bn for its sixth fund and expects to end marketing in the first quarter.
2 min read · 06 January 2013
The Victor Maruri co-founded firm, which targets investments with a Hispanic demographic focus, has acquired a majority stake in Polaris Hospital Company.
2 min read · 06 January 2013
Hedge fund pioneer Julian Robertson has been made chairman of Forstmann Little & Co, the buyout firm whose founder Ted Forstmann died earlier this week.
1 min read · 06 January 2013
The Chinese firm, founded by John Zhao, is targeting almost twice the size of its fourth USD fund, which closed on $1.4bn.
2 min read · 06 January 2013
Lloyds Banking Group, part-owned by the UK state, is mulling the sale of about €500m of private equity fund stakes as it follows other lenders in divesting non-core assets.
1 min read · 06 January 2013
