Private Equity
The past week or so has shown that the days of labour unions and politicians painting private equity firms as evil asset strippers haven’t passed – and threaten to undo much of the industry’s good work over the past few years in improving its public image, writes Oliver Smiddy.
4 min read · 05 January 2013
Most of the law firm’s London-based fund formation practice is planning to leave for Weil Gotshal & Manges, leaving one partner to lead the practice as the firm works to re-build the team through internal promotions.
1 min read · 05 January 2013
The state’s Pension Reserves Investment Management Board has committed to Chequers Capital, Genstar Capital Partners, Vista Equity Partners, Quad-C Partners and Index Ventures.
1 min read · 05 January 2013
3i has quadrupled its money on Swedish agricultural equipment manufacturer Ålö after a lengthy eight-and-a-half-year ownership period.
1 min read · 05 January 2013
German secondaries firm Paragon Partners has sold the remaining three companies from its 2006 fund as it works to raise a new fund.
1 min read · 05 January 2013
An academic has slammed performance data published by the private equity industry, adding that academic studies consistently show returns are broadly comparable with public equities.
3 min read · 05 January 2013
Private equity group Helios, co-led by Tope Lawani (pictured), has closed its latest fund on $900m after two years in the market. It is understood to be the biggest fund raised for Africa.
2 min read · 05 January 2013
The Connecticut Retirement Plans and Trust Funds is considering a commitment to JFL Equity Investors III.
1 min read · 05 January 2013
The Parisian firm exceeded its €800m target after only three months of fundraising.
2 min read · 05 January 2013
At PEI's Responsible Investment Forum in New York last week many limited partners applauded GPs' efforts to enhance environmental, social and governance policies -- they ought to do so publicly more often, writes Christopher Witkowsky.
3 min read · 05 January 2013
