Private Equity
3i has quadrupled its money on Swedish agricultural equipment manufacturer Ålö after a lengthy eight-and-a-half-year ownership period.
1 min read · 05 January 2013
Former Goldman China chairman Fred Hu has labelled the advantages offered by RMB-denominated funds as 'artificial and transitory'.
2 min read · 05 January 2013
Singapore's state-backed investment vehicle has appointed Tay Lim Hock as president of GIC Special Investments, replacing Teh Kok Peng (pictured), and Goh Kok Huat president of GIC Real Estate.
2 min read · 05 January 2013
An academic has slammed performance data published by the private equity industry, adding that academic studies consistently show returns are broadly comparable with public equities.
3 min read · 05 January 2013
HSBC has made ex-UBS banker Simon Jennings (pictured) head of private equity, a newly-created role, as it seeks to broaden its alternatives offering.
1 min read · 05 January 2013
The Connecticut Retirement Plans and Trust Funds is considering a commitment to JFL Equity Investors III.
1 min read · 05 January 2013
John Bryson, former CEO of Edison International, has served as a senior advisor to KKR’s infrastructure team since 2008.
2 min read · 05 January 2013
A new era of transparency and reporting could open the door wide enough for one innovative group to craft a Moody’s type-service for buyout funds. The benefits for star managers could be greater exposure to LPs and making it easier to negotiate management fees, writes Nicholas Donato.
3 min read · 05 January 2013
Vista Equity Partners wants to nearly double its previous fundraising effort, targeting $2.5bn for a niche software focus.
1 min read · 05 January 2013
As California’s Fair Political Practices Commission investigates 49 CalPERS investment staff for gift reporting, CalSTRS investment officials say they ‘stand by and support’ their counterparts.
2 min read · 05 January 2013