North America

Fundraising rebounds in emerging markets

Latin American and African funds have already exceeded 2009 fundraising totals.

The walls go up

On both sides of the Atlantic regulatory barriers are making fundraising for ‘foreign’ firms more difficult and expensive. GPs in emerging markets could be left out in the cold, writes Christopher Witkowsky.

Think tank takes private equity to task

The Centre for the Study of Financial Innovation - in contrast to recent studies by academics - alleges the industry has reported deceivingly high returns because it failed to account for leverage.

Arlon Capital raises $300m for new fund

The New York-based firm’s second fund is tagerting an undisclosed amount.

Private equity and the FT

When a prominent financial newspaper backs an attack on the industry, it shows there is a long way to go for private equity to be recognised as a legitimate and worthwhile asset class by some.

Carlyle's Beijing fund reaches $354m first close

The global private equity firm has raised almost half of its target for the Carlyle Beijing RMB fund.

BofA spinout to manage legacy assets, raise new funds

Two groups of Bank of America private equity professionals are spinning out: one will form an independent fund while the other will join asset manager Sterling Stamos.

Baird's Europe team unlocks 2.7x return

The UK middle market investor's success with lock maker Paddock hinged in part on Baird's global reach, said director James Benfield.

Florida pension posts 21% private equity gain

The $109bn pension has rebounded from its negative private equity return for the fiscal year 2009, beating its benchmark for the asset class by 1.3 percentage points.

New York State Teachers commits $198m to PE

The state pension fund has made recent commitments to Texas-based Lone Star Funds and UK-based mid-market firm Inflexion.