Private Equity
The $110bn pension fund has committed $30m to the Mountgrange Real Estate Opportunity Fund I through its funds of funds investment with Franklin Templeton’s Lake Montauk vehicle. The Mountgrange fund closed in May on £300m and will target under-performing assets as well as land deals.
1 min read · 05 January 2013
Uncertainty for foreign firms eyeing Australia's private equity industry continues.
2 min read · 05 January 2013
Barclays Private Equity will only spin out from its banking parent once fundraising for its fourth fund is well underway.
2 min read · 05 January 2013
The Carlyle Group will purchase roughly $73m of common stock from Virgina-based Hampton Roads Bankshares, part of a $255m capital raise for the bank owner and operator.
2 min read · 05 January 2013
The New York-based firm, which is preparing to raise its third fund, may seek out a large investor to buy a stake in its management company and anchor its fundraise.
2 min read · 05 January 2013
The Association for Corporate Growth has begun to monitor regulatory developments at the request of its members, many of which are mid-market private firms.
2 min read · 05 January 2013
TPG, KKR, Apax and Bain are just some of the 40 private equity firms that make up the Chicago-based association for private equity firms that invest in healthcare.
2 min read · 05 January 2013
Michael Travaglini, who helped grow the $44bn state pension's private equity programme, is leaving to join a hedge fund of funds in Chicago.
2 min read · 05 January 2013
The Alec Gores-led firm has collected just over $1bn for its latest special situations fund, which must close in August.
2 min read · 05 January 2013
Mark Florian went from advising on blockbuster toll road deals for one of Wall Street’s finest to building out an energy infrastructure team at the world’s oldest energy private equity firm. In his first interview since joining First Reserve from Goldman Sachs last year, he tells Cezary Podkul why he made the transition and what he hopes to accomplish at his new employer.
10 min read · 05 January 2013
