Private Equity
The firm has hired Mary Petrovich, previously the CEO of former Carlyle portfolio company AxleTech, as a senior advisor to the industrial and transportation group.
1 min read · 05 January 2013
Guardian Life Insurance will invest in emerging markets through a $100m separate account with 57 Stars, says Guardian’s head of private equity David Turner.
3 min read · 05 January 2013
The Michael Green-led firm is expected to hit its hard-cap of $425m for its debut fund, which has shrugged off the stagnant fundraising market and the hesitancy of LPs to back new firms.
2 min read · 05 January 2013
AXA Private Equity continues to capitalise on regulations which make private equity assets less attractive to banks, sealing its fourth secondaries deal to take the value of its recent portfolio acquisitions to $5.1bn.
2 min read · 05 January 2013
The Marleen Groen-led firm won a mandate from the IFC to raise up to $500m for a secondaries fund that will target private equity in emerging economies.
3 min read · 05 January 2013
The US government’s development finance institution has provided commitments in the form of senior loans to five funds that focus on agriculture in Africa and renewable energies in Asia.
2 min read · 05 January 2013
UK-listed 3i Group, which established a debt division in February, plans to acquire a US debt manager in the next few months, according to CEO Michael Queen.
2 min read · 05 January 2013
A wave of incoming regulations is helping fuel activity in the secondaries market, which for some GPs means big compliance headaches.
8 min read · 05 January 2013
The firm has closed its seventh fund on $7bn and has raised an additional $650m for Lexington Middle Market Investors II, a complementary vehicle to invest in ‘young’ private equity interests.
2 min read · 05 January 2013
The alternatives assets giant is trailblazing a path for private equity after gaining approval to fundraise in the Middle Eastern kingdom.
2 min read · 05 January 2013
