Private Equity
Kohlberg Kravis Roberts has brought in reinforcements including Japanese trading house Itochu as it closes in on a $7.2bn acquisition of oil and natural gas explorer Samson Investment Company.
2 min read · 06 January 2013
Private equity figures in Australia are hitting new heights as more investors look to Asia Pacific for opportunities. With buyouts 542 percent up since crisis times, exit figures are higher than ever, according to figures from Dealogic.
3 min read · 06 January 2013
Italian media giant Mediaset has joined Clessidra to bid for TV producer Endemol. Mediaset is owned by Fininvest, a Berlusconi vehicle whose former head left in 2003 to form Clessidra.
2 min read · 06 January 2013
Ted Forstmann, one of the buyout industry's pioneers, has died at the age of 71 from brain cancer.
2 min read · 06 January 2013
The $17.7bn Texas County & District Retirement System has been active, including making a commitment to Khosla Ventures, a coup for a smaller system that would not traditionally have had access to a top-tier venture manager.
2 min read · 06 January 2013
Two public pensions systems in Oregon and Illinois are sticking with TorreyCove Capital Partners, which spun out from PCG Asset Management this month with the backing of Mitsubishi Corporation.
2 min read · 06 January 2013
Global Infrastructure Partners, the New York-based global infrastructure fund manager, has so far raised around $2bn for its second fund and is thought to be targeting a first close by the end of this year.
2 min read · 06 January 2013
The lower mid-market education investor has held a final close for its most recent fund that will invest in privately owned schools and education-related businesses.
2 min read · 06 January 2013
Altius Associates will replace Strategic Investment Solutions as private equity consultant for the Kentucky Retirement Systems, which has been burdened with pay-to-play investigations this year.
2 min read · 06 January 2013
After being unable to allocate its full $100m commitment to Southern Cross’s most recent Latin American fund, the $78bn retirement system increased its exposure to the fund through the secondary market.
2 min read · 06 January 2013