Private Equity
The group has gathered about $126m from US investors alone, and more from non-US LPs.
2 min read · 05 January 2013
The US giant is targeting RMB5bn for growth capital investments and the restructurings of Chinese state-owned enterprises.
2 min read · 05 January 2013
The firm told LPs at its annual meeting that it will hit the fundraising trail in about 18 months and target $3bn with a hard-cap of $4bn, putting it in line with others managers now raising smaller funds than predecessor vehicles.
3 min read · 05 January 2013
PAI has sold its fourth business this year, retailer Gruppo Coin, while Sagard Private Equity is nearing an exit from Souriau. The combined value of the exits approaches €1.4bn.
2 min read · 05 January 2013
A bill sponsored by Republican Robert Hunt to free private equity firms from the watchful eye of the US SEC has passed its first legal hurdle.
1 min read · 05 January 2013
US state pension fund CalPERS has backed a trio of emerging managers as part of its manager development programme, and has also acquired small stakes in two of the investment groups.
1 min read · 05 January 2013
The US-based fund manager has closed its first energy infrastructure fund on $1.2bn after around 17 months on the fundraising trail. The fund had a target size of between $1bn and $1.5bn.
2 min read · 05 January 2013
The Chinese private equity firm has raised $990m for its second fund, exceeding the original target of $800m and the vehicle's $900m hard-cap.
2 min read · 05 January 2013
The firm, run by Mark Gallogly (pictured) and Jeffrey Aronson, will hit the hard-cap of $4.25bn on the second fund, which launched in July and had collected $2.5bn by January.
2 min read · 05 January 2013
The New York investment firm has won an auction alongside partner Chatham Lodging Trust to acquire 64 hotels from Innkeepers USA Trust, which filed for Chapter 11 bankruptcy protection in 2010.
1 min read · 05 January 2013
