Private Equity
After acquiring a $5.8m fund stake from another investor and assuming $14.2m in uncalled commitments, New Jersey’s Division of Investment now has a 15.5% stake in Tenex’s debut vehicle.
2 min read · 08 February 2013
Pam Hendrickson has long been a vocal defender of private equity, and has waded into the growing debate about the merits of the asset class.
2 min read · 08 February 2013
The President’s recent attacks on Mitt Romney and Bain Capital were openly criticised by noted Obama ally Newark, New Jersey Mayor Cory Booker over the weekend.
3 min read · 08 February 2013
The 3i Group will aim to diversify by adding to its infrastructure and debt management business after releasing a management statement showing another turbulent year.
2 min read · 08 February 2013
The private equity industry invested $144bn across 1,702 transactions in the US in 2011, according to a recent Private Equity Growth Capital Council Report.
2 min read · 08 February 2013
The uncertainty in Europe ‘plays to the strengths’, Permira said in its latest annual review, in which it reported strong growth among its funds.
2 min read · 08 February 2013
Valuating investments denominated in the euro currency would be difficult if the currency was abandoned -- a consequence GPs should be ready for, say private equity lawyers.
2 min read · 08 February 2013
Tom Donovan, an eight-year veteran of Credit Suisse’s senior distribution team, will lead the placement agent’s efforts in North America.
2 min read · 08 February 2013
The European Private Equity and Venture Capital Association’s annual survey revealed funds in 2011 raised the most capital since 2008.
1 min read · 08 February 2013
Led by former Goldman Sachs executive Robert Smith, the firm was able to tout a strong track record and LP-friendly terms in the marketing of its fourth investment vehicle.
3 min read · 08 February 2013
