Private Equity
Leonard Green & Partners LP is exploring a sale of Brickman Group Holdings Inc that could value the largest commercial landscaping company in the United States at up to $1.5 billion, three people familiar with the matter told sister news service Reuters.
1 min read · 16 August 2013
Private equity firms invested $347 billion in more than 2,000 portfolio companies in the United States last year, according to the the Private Equity Growth Capital Council’s annual “Private Equity: Top States and Districts” report.
1 min read · 12 July 2013
Joseph Dear, the chief investment officer of the California Public Employees’ Retirement System, has given up some of his daily duties to fight cancer, according to a spokesman for the pension, which is the largest in the United States.
1 min read · 17 June 2013
Ares Management LLC, an investment firm with some $59 billion in credit and private equity assets, is speaking to investment banks about an initial public offering in the United States, a person with knowledge of the matter told sister news service Reuters. If Ares proceeds with an IPO, it would be the latest in a string of U.S. stock market listings by alternative asset managers following public offerings last year from The Carlyle Group LP and Oaktree Capital Group LLC.
2 min read · 03 May 2013
Among the seven nations with the world’s largest pools of pension assets, alternatives such as private equity accounted for 19 percent of allocations in 2012, according to recent study of global pensions from Towers Watson, the financial consultancy. In the United States, alternative assets accounted for an even higher portion of assets—20 percent. That represents a huge increase in alternatives overall, which accounted for just 5 percent of all pension assets—globally and in the U.S.—as recently as 1995, according to the firm.
2 min read · 05 February 2013
When all the numbers are in, 2012 will go down as one of the biggest years for fundraising in the United States, boosted by a dramatic return of mega-funds.
10 min read · 24 December 2012
Buyout activity from U.S. sponsors picked up in the third quarter, fueled by a robust credit market and by ebbing fears of a financial crisis in Europe and another recession here in the United States.
6 min read · 01 October 2012
Buyout and mezzanine firms based in the United States have raised $120.17 billion so far this year, reflecting a number of interim and final closings including the $2.5 billion close of Blackstone Energy Partners LP, which had a $2 billion target.
1 min read · 17 September 2012
The high-yield corporate debt market is showing signs of strength in the United States, where proceeds are up 12 percent from a year earlier, helping to fuel a minor buyout binge.
1 min read · 14 September 2012
As chief investment officer, Joe Dear oversees $237 billion in assets for the California Public Employees’ Retirement System, the largest and most influential public pension in the United States. More than 1.6 million state workers and retirees look to Dear to make sure their retirement is secure.
9 min read · 13 August 2012
