Private Equity
The small-market mezzanine lender has become independent as financial institution KeyCorp sheds non-core operations in response to stricter rules on bank-owned private equity. The firm’s third fund is about 80% drawn.
2 min read · 05 January 2013
Aktis Capital is on the cusp of closing its maiden fund on $100m. The fund will focus on opportunities in Western China across multiple sectors.
1 min read · 05 January 2013
A fundamental shift in the way venture capital firms look to score returns for investors is necessary for industry LPs to stay confident in the asset class, writes Charles Irving.
3 min read · 05 January 2013
The programme, which was introduced under the Dodd-Frank Act, requires the US Securities and Exchange Commission to create an office that works with whistleblowers, handles their tips and helps the SEC determine the awards for each whistleblower.
2 min read · 05 January 2013
The Japanese fund of funds manager is in the market for a third Asian vehicle targeting secondaries opportunities in the region. It has a target commitment of up to $200m.
1 min read · 05 January 2013
The City of Pontiac General Employees Retirement System has about $2m of an uncalled commitment remaining with Nexos Capital Partners, which tried to raise $225m for its debut fund but only collected $14m.
3 min read · 05 January 2013
The Denver-based hospitality private equity firm has held a final closing on its third fund, significantly exceeding its original target.
2 min read · 05 January 2013
The US Securities and Exchange Commission’s private equity investigations unit is examining how fund managers value assets, which some investors are applauding.
2 min read · 05 January 2013
US mid-market firm Sterling Partners will look to raise 20% more than its previous fund, which closed on $1bn in 2007 following just six months of marketing.
1 min read · 05 January 2013
The California-based lower mid-market firm is expecting to hold a final close by 15 June.
1 min read · 05 January 2013
