Private Equity
As TA Associates talks to limited partners about its next flagship vehicle, which is expected to target $4 billion, it informing LPs about some management changes going forward, sources said.
2 min read · 04 May 2015
There was a moment, a golden, shining moment in the private equity industry, when the LP community seemed to come together as one. Big institutions and small ones, and everything in between, suddenly were on the same page, directing their significant leverage toward GPs to get some heft at the bargaining table when talking fees and other terms.
3 min read · 04 May 2015
The Florida State Board of Administration made a big bet on TPG Capital in the first quarter, committing $300 million across two funds, part of a larger set of commitments totalling nearly $1 billion.
2 min read · 01 May 2015
Oaktree Capital Group is sitting back, raking in commitments, sending money back to limited partners, and pining for those grand old years of distress when the world made sense.
3 min read · 30 April 2015
Steve Benevento was a “consummate professional” and a “wonderful family man” and it was with great shock that the firm where he served as a senior executive learned of his death, GoldPoint Partners said.
2 min read · 29 April 2015
Altegris has been cleared by regulators to offer accredited individuals exposure to Kohlberg Kravis Roberts & Co private equity funds.
3 min read · 28 April 2015
The Carlyle Group said it has wrapped up its second “local” Brazil fund on 700 million reais ($237.8 million). The new fund is larger than its predecessor, but fell short of its target.
2 min read · 28 April 2015
A major figure in the private equity secondary world has left his post. Tjarko Hektor, who formerly co-led the secondaries team at Carlyle Group-backed AlpInvest Partners, has left the firm, Carlyle spokesman Randy Whitestone told Buyouts.
2 min read · 28 April 2015
Alternative asset manager Hermes GPE is leaving Boston after only a few years and opening an office in New York as it continues to grow its presence in North America, sources told Buyouts.
2 min read · 23 April 2015
As TA Associates talks to limited partners about its next flagship vehicle, which is expected to target $4 billion, the firm is also informing LPs about some management changes going forward, sources said.
2 min read · 23 April 2015
