Private Equity
The SEC, as part of its tighter scrutiny of private equity, is exploring whether certain GPs are giving lending business to certain LPs in their funds, such as insurance companies, without proper disclosure.
3 min read · 19 August 2015
Ben Gray, TPG Capital’s co-head of the Asia region, is planning to leave the firm once TPG Asia VI is invested, which is expected to be in 2017, according to a TPG spokesman.
1 min read · 19 August 2015
AlpInvest Partners has stopped raising a mezzanine fund that had been targeting $500 million in favor of building separate accounts with select investors, according to people with knowledge of the fund.
2 min read · 18 August 2015
2 min read · 18 August 2015
Chris Hearn, a managing director on First Reserve’s infrastructure team, has left to start his own energy-focused shop.
2 min read · 17 August 2015
Buyers in the secondary market are betting pricing won’t change much in the second half of the year, which could indicate that some believe the market is at a peak.
3 min read · 14 August 2015
One of the highly anticipated funds coming to market this year is Leonard Green & Partner’s seventh flagship vehicle, which could hit the market next month, according to three people with knowledge of the firm.
2 min read · 13 August 2015
Paula Bosco, a managing director at New Mountain Capital who was the firm’s chief compliance officer and counsel, left the firm on July 31, Managing Director Adam Weinstein confirmed for Buyouts.
1 min read · 12 August 2015
An auction for a large portfolio of private equity interests being sold by the Abu Dhabi Investment Council has stalled, according to three sources with knowledge of the situation.
2 min read · 11 August 2015
A coalition of state treasurers and elected officials put their signatures to a letter sent to Mary Jo White, chairwoman of the SEC, last month in a bid to let the agency know how concerned they were over lack of transparency in private equity.
2 min read · 10 August 2015