Private Equity
The $9bn Los Angeles pension fund is planning to transfer ‘specialised alternative investment consultant services’ from PCA to its traditional investment consultant, Hamilton Lane.
1 min read · 05 January 2013
David Russell, co-head of responsible investment at USS, discusses how the LP evaluates fund managers' environmental, social and governance policies.
1 min read · 05 January 2013
The financial services-focused firm is targeting $2bn for its second fund, which will transfer 100% of transaction fees back to the fund.
1 min read · 05 January 2013
The Istanbul-based buyout firm is expected to target about €500m for its second fund, which will launch in the second half of 2011.
2 min read · 05 January 2013
Gulf Credit Partners will launch its debut fund targeting $250m to $300m in September to meet a large demand for leverage, says Gulf CEO Karim El Solh.
1 min read · 05 January 2013
The US Securities and Exchange Commission has scheduled a meeting for 22 June to consider extending the SEC registration deadline and to adopt final rules.
2 min read · 05 January 2013
Creditors for the hotel chain claim Blackstone and real estate firm Lightstone Group left the company insolvent, and are seeking $8bn.
2 min read · 05 January 2013
The $51bn pension plan has approved commitments of up to $220m to three private equity funds and up to $500m to two real estate funds.
2 min read · 05 January 2013
The past week or so has shown that the days of labour unions and politicians painting private equity firms as evil asset strippers haven’t passed – and threaten to undo much of the industry’s good work over the past few years in improving its public image, writes Oliver Smiddy.
4 min read · 05 January 2013
A Taiwanese regulatory body has blocked the KKR-backed buyout of electronics company Yageo and barred KKR and Yageo CEO Pierre Chen from making another offer for the company for at least one year.
2 min read · 05 January 2013