Private Equity
Despite concern over consumer indebtedness and spending prospects, the retail sector continued to attract private equity investment during the economic downturn. Perhaps surprisingly, this is also true of the sluggish recovery period since the UK economy emerged from recession, writes Markus Golser, senior partner at Graphite Capital.
2 min read · 05 January 2013
The former co-head of hedge fund DE Shaw’s North American private equity team will be responsible for managing Pine Brook Road’s energy sector activities.
1 min read · 05 January 2013
The US securities watchdog requested the Steve Schwarzman-led firm provide more details of executive compensation and a class-action lawsuit tied to the firm’s 2007 public listing.
2 min read · 05 January 2013
Senior figures at Evercore Private Funds Group said the first quarter was one of the worst for fundraising in years, adding a large capital overhang was one constraint holding LPs back from making new commitments.
3 min read · 05 January 2013
Kentucky Retirement Systems underwent a review by the state auditor over its use of placement agents.
2 min read · 05 January 2013
Brazilian bank BTG Pactual and Rio-based investment group Gavea Investimentos have raised buyout funds totalling $3.3bn, underlining the growing interest in Latin American private equity.
2 min read · 05 January 2013
The firm has paid $44m for Vitro America, a Memphis, Tennessee-based glass manufacturer forced into bankruptcy by its creditors in November.
1 min read · 05 January 2013
Secondaries provide large pension funds the opportunity to 'move the battleship' - nimbly reposition themselves, in other words, according to the head of New York City's pension fund.
2 min read · 05 January 2013
EQT has sealed its third sizeable sale this year with the disposal of an alarm manufacturer to Bain and Hellman & Friedman.
2 min read · 05 January 2013
Just as the SEC publishes guidelines over registration requirements for buyout groups, a Republican-led effort to exempt private equity firms from SEC oversight has taken another step forward.
1 min read · 05 January 2013
