Private Equity
The buyout industry’s energy-focused veteran continues to prove LPs are keen on energy, topping its own record for the largest energy fund raised to date. The final close comes less than a year after it went to market, though is less than its $12bn target and $16bn hard-cap.
2 min read · 05 January 2013
The investment from Legend Capital, Sequoia Capital China and CCB International will used to expand the company, augment human resources, marketing activities and help R&D.
1 min read · 05 January 2013
The New York firm has raised slightly more than its original $1bn target for its sixth vehicle.
1 min read · 05 January 2013
The bank’s Alternative Investment Partners division will target buyout funds in North America and Western Europe, global venture and global special situations funds.
2 min read · 05 January 2013
The hybrid alternative investment firm has established its first office in the Asia Pacific with an investment team of six.
2 min read · 05 January 2013
Renamed Trilantic Capital and still led by Charlie Ayres, the firm will be ‘patient’ in choosing investment opportunities. In an interview with PEO, Ayres said his firm will look for chances to inject quality, over-levered companies with equity capital for some form of control.
3 min read · 05 January 2013
To be released on 23 April, the PEI 300 will expand on a popular top 50 list ranking the largest 300 private equity firms in the world. Bain Capital, Bridgepoint and Clayton Dubilier & Rice are among 10 firms to have advanced in the rankings for two consecutive years.
1 min read · 05 January 2013
The $11.5bn New Mexico State Investment Council has temporarily suspended Aldus as it reviews its advisory work and is investigating whether any of its other consultants or GPs have links with third-party marketing firms. SIC has already discovered that Carlyle and Quadrangle used a company affiliated with the New York Common scandal to secure money from the state oil and gas endowment.
4 min read · 05 January 2013
Unison Capital has offered to acquire a 35.2% stake in Aderans Holdings for approximately ¥14.7bn.
2 min read · 05 January 2013
William Thompson, the comptroller for New York City, is investigating whether Quadrangle Group ‘intentionally misled or deceived’ city pensions by withholding payments of finder’s fees to a company controlled by Henry Morris, who has been indicted in New York State’s $122bn pension kick-back scandal.
2 min read · 05 January 2013
