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Chart of the week: European buyout market cheaper than the United States--but not by much

European EBITDA multiples are lower than those in the United States, but the difference isn’t as big as you’d think, according to data from Capital IQ and Robert W. Baird & Co.

KKR merges teams after more leaders step down

KKR & Co LP said it would merge some of its private equity industry teams in the United States after two more of its leaders stepped down, and as it prepares the ground for raising its next flagship North American buyout fund, Reuters reported exclusively.

Need to Meet: Scott Case, Head of Global Private Equity Services, Silicon Valley Bank

Bootstrapping itself from its origins 32 years ago as a lender for venture capital-backed firms, Silicon Valley Bank now ranks as the 40th largest bank in the United States with $39 billion in assets as of Dec. 31.

LP Scorecard: This Carlyle/Riverstone fund is among lowest performing pools for CalPERS

The California Public Employees’ Retirement System is widely regarded as one of the largest and most successful pension funds in the United States. However, for all its hits, there are some misses mixed in there as well. The accompanying table shows the worst funds by IRR, excluding vintage 2010 funds and younger.

Chart of the week: Where does the dry powder come from?

Dry powder totaled $535 billion as of June 30, 2014 in the United States, and more than a quarter of it (28 percent) comes from vintage-2014 funds, according to PitchBook Data Inc. Add in leverage and we’re talking about well over a trillion dollars in spending power. It’s a great time to raise money. But will it prove to be a case of too much money chasing too few deals?

Chart of the week: U.S. and European M&A market finishes the year strong

The final quarter of the year was a strong one for M&A in the United States and Europe, finishing with more than $400 billion in transaction value and 3,777 deals, according to data provider PitchBook Data Inc. Tailwinds included a reasonably strong economic recovery in the United States and easy credit. For the year the figures were nearly $1.3 trillion in transaction value and 17,357 deals, up from $1 trillion and 15,453 deals in 2013.

Global regulators publish revised proposals to supervise top funds

Global regulators published revised proposals on Wednesday for supervising the world’s biggest mutual funds – as well as private funds – following fierce industry pushback in the United States and elsewhere, Reuters reported.

Global regulators publish revised proposals to supervise top funds

Global regulators published revised proposals on Wednesday for supervising the world’s biggest mutual funds – as well as private funds – following fierce industry pushback in the United States and elsewhere, Reuters reported.

Chart of the Week: Most LPs say big investors will reconsider hedge fund commitments

When the California Public Employees’ Retirement System, the largest pension fund in the United States, announced in mid-September it was divesting from hedge funds the decision sent waves through the private equity community—see accompanying chart. A survey by secondary buyer Coller Capital conducted shortly after the decision found nearly two-thirds (64 percent) of investors believe that large investors will reconsider their own commitments to hedge funds in light of CalPERS’s action.

Shore Capital wants to quickly grow veterinary platform

Shore Capital Partners plans to buy five to 10 add-on veterinarian practices per year in the Southeastern United States to grow its new veterinary platform company, Southern Veterinary Partners.