Private Equity
A 1% management fee on invested capital was one of several choice economic terms that New Jersey's alternatives chief Christine Pastore helped build into customised funds managed by Blackstone.
4 min read · 06 January 2013
US mid-market buyout firm American Industrial Partners has taken just two months to raise its latest fund, smashing its target on the way to a $700m first and final close in the process.
1 min read · 06 January 2013
The New Jersey Division of Investment has committed $125m to two managers shortly after selling around $268m in assets. New Jersey plans to generate roughly $535m more in sale proceeds before the end of 2011.
2 min read · 06 January 2013
The social online gaming company’s liquidity event could increase LP appetite for venture capital, considered by some LPs to be the ‘least loved’ of the asset classes.
3 min read · 06 January 2013
Coller Capital has agreed the latest in a slew of banking-related secondaries this year sparked by the forthcoming Volcker rule, acquiring the in-house private equity arm of French bank Crédit Agricole.
1 min read · 06 January 2013
The World Economic Forum's choice of Hong Kong as the world’s most developed financial market comes amid declining IPO value on the HKex. Nonetheless, the distinction provides additional support for private equity activity in the region.
2 min read · 06 January 2013
Arle Capital Partners - formerly Candover Partners - has hired two investment team members including Sara Sulaiman (pictured) as part of a drive to re-shape its strategic focus.
2 min read · 06 January 2013
The firm has acquired product testing business DTL, bringing 3i’s fifth European fund to 83% invested. The sector has attracted growing interest from private equity firms in recent years.
2 min read · 06 January 2013
The distressed investment-focused firm has formed a $300m customised account with New Jersey’s $68bn state pension system to take advantage of the huge need for financing in the mid-market.
3 min read · 06 January 2013
The current economic uncertainty provides a great opportunity for firms willing to take a longer-term view to bolster their teams, writes Aidan Kennedy of CTPartners.
3 min read · 06 January 2013