Private Equity
The 2001 vintage First Reserve Fund IX was the top performing mega buyout fund as of June 30 in a scorecard of the $53.9 billion Boston-based Massachusetts Pension Reserves Investment Management Board.
2 min read · 29 October 2013
2 min read · 17 October 2013
The 2008 vintage Evergreen Pacific Partners II LP comes out top of Washington State Investment Board’s small buyout performers looking at a ranking of nineteen vehicles in that category, ranging from vintages 1994 to 2011, as of March 31, 2013.
2 min read · 17 October 2013
It’s the 2008 vintages that are working the hardest in terms of year-on-year internal rate of return (IRR) increases for the $170 billion California State Teachers’ Retirement System, according to a comparison of performance data for the periods to March 2012 and March 2013, with vintages ranging from 1989 to 2008.
2 min read · 03 October 2013
2 min read · 03 October 2013
Buyouts’ analysis of performance data for Indiana Public Retirement System to 31 March, 2013 takes a look at the top ten performers within Indiana’s 2008 vintage funds. CID Capital Opportunity Fund comes out on top, posting an IRR of 31.89 percent and multiple of 1.78x. Crestview Partners II takes second place with an IRR of 27.79 percent and multiple of 1.57x. Third place goes to Apollo Investment Fund VII with an IRR of 24.59 percent and 1.53x multiple.
2 min read · 19 September 2013
The number of private equity-backed companies on Standard & Poor’s “Weakest Links” list published this month rose to 22 from 14 in July despite a decline in the size of the overall list, according to Buyouts estimates. Meantime, the number of portfolio companies defaulting or filing for bankruptcy has slowed to a trickle.
4 min read · 16 September 2013
HIG Capital IV, a 2006 vintage buyout fund that raised $750 million, holds the top spot of the University of California’s buyout-related vehicles, according to data released for year-end 2012 by the university. Not faring so well from that vintage year is J.C. Flowers II LP, which comes at the bottom of the list of buyout performers.
2 min read · 05 September 2013
A lot of money has poured into emerging manager portfolios over the last decade.
3 min read · 12 August 2013
KPS II, a 2002 vintage turnaround fund, is the $9.2 billion Connecticut State Employees Retirement System’s top performer as of Dec. 31, 2012. That fund posted an IRR and multiple of 63.6 percent and 3.5x.
2 min read · 09 August 2013
