Private Equity
The US bank has put a total of $570m of investments with buyout firm CVC Capital Partners for sale on the secondaries market, reportedly including $250m of investments in two CVC Asia funds.
2 min read · 05 January 2013
Randall Lee, a former Lone Star Advisors director, has joined CVC Capital Partners’ two-strong Seoul-based team.
2 min read · 05 January 2013
The former political consultant’s reported plea comes on the heels of news that Steve Rattner is close to a deal with the SEC.
2 min read · 05 January 2013
The South Carolina Retirement System is creating an in-house management company to make direct private equity investments.
2 min read · 05 January 2013
The firm expects to raise another $275m for the fund by the end of the year and has also picked up a $1.1bn separate account for Korea’s National Pension Service, firm executives said during a conference call.
3 min read · 05 January 2013
True value creation plus a focus on sector dislocation and emerging markets have become crucial given the 'flat, low growth' environment, according to TPG co-founder Jim Coulter.
3 min read · 05 January 2013
The fund, Wellspring's largest ever, will give 100% of the transaction fee to LPs to pay down the management fee.
2 min read · 05 January 2013
The firm’s 2006 global buyout fund, which raised nearly $18bn, is close to 75% invested.
2 min read · 05 January 2013
The mid-term election in the US Tuesday could have major effects on healthcare reform and the opportunities for private equity in the sector, writes Dan Mendelson.
3 min read · 05 January 2013
Australia’s A$69bn Future Fund has continued to grow its real estate exposure, reporting increased assets of 1.2 percent to A$3.4 billion from the six months to 30 September. According to the fund’s annual report released today further increases to real estate and other “tangibles” are planned.
2 min read · 05 January 2013