Private Equity
The UK-based group has bought Blockbuster’s UK arm out of administration, promising to ‘bring new life’ to the film and game rental business.
1 min read · 23 January 2014
LPs can choose a 1.75% management fee and 25% carried interest, or a 1% fee and 30% carry in KPS' Fund IV, which is targeting $3bn.
2 min read · 23 January 2014
The £1.2bn flotation of the UK’s fifth largest motor insurer has resulted in a big win for the UK deal-by-deal specialist – and more than doubled the money of co-owner Electra Partners.
2 min read · 23 January 2014
The UK-focused firm, which is expected to go to market with Fund IV next year, has hired former Duke Street executive Monica Bergvall.
2 min read · 23 January 2014
The firm has lost a group of executives in recent months, including Montagu's head of investment activity in Germany Peter Kroha and industry veteran Alex Shinder, who spent 20 years at the firm.
3 min read · 23 January 2014
The Kansas Public Employees Retirement System increased its private equity allocation target from 5% to 8% late last year, according to documents.
1 min read · 23 January 2014
Mid-market GPs have consistently outperformed the broader private equity market in Europe over a long period of time.
2 min read · 23 January 2014
Morgan Stanley executive Barry Kenneth will oversee investments for the UK’s £13bn Pension Protection Fund, which allocates 20% to alternative assets.
2 min read · 23 January 2014
It is unclear what co-founder Marc Lasry’s departure would mean for Avenue Capital. Pensions documents list him as a key man on the firm’s most recent special situations fund.
2 min read · 23 January 2014
Realisations from 2005-2007 vintage funds – boosted in part by Europe’s improving debt markets – caused a significant spike in third quarter realisations, according to data released this week by Cambridge Associates.
3 min read · 23 January 2014
