Private Equity
Clearlake Capital Group is moving forward with its next fundraising without one of its founders, Steve Chang, who has left the firm, according to three people with knowledge of the firm.
2 min read · 18 March 2015
aGeorge Fisher, who once worried that government stimulus during the financial crisis could cause “another wave of abuse and greed,” has retired as a senior advisor from Kohlberg Kravis Roberts & Co.
2 min read · 17 March 2015
Kohlberg Kravis Roberts-spinout Sageview Capital is talking up its growth investing strategy as it seeks $750 million for its second core fund, according to two sources with knowledge of the fundraising.
2 min read · 16 March 2015
The Carlyle Group is approaching a second close on its second energy mezzanine fund on around $1.3 billion, according to two people with knowledge of the fundraising.
2 min read · 12 March 2015
The Blackstone Group’s credit shop, GSO Capital Partners, is targeting $2.5 billion to $3 billion for its debut energy credit fund, according to two sources with knowledge of the fund.
2 min read · 11 March 2015
A high-profile sexual discrimination trial happening right now pitting Ellen Pao against her former employer, Kleiner Perkins Caufield & Byers, has turned a spotlight on what many believe is a culture of sexism in Silicon Valley.
2 min read · 10 March 2015
Pritzker Group, which manages venture capital and buyout investments for the Pritzker family, one of America’s wealthiest, is moving to at least double the size of its private equity portfolio of six companies after having bulked up its staff to reach critical mass.
4 min read · 09 March 2015
3 min read · 09 March 2015
Secondary buyers found stakes in middle-market buyout funds especially attractive last year, according to a recent survey by UBS, which advises on secondary deals. And this year buyers are expected to continue to have a healthy appetite for them.
2 min read · 06 March 2015
Kohlberg Kravis Roberts is in discussions with the Securities and Exchange Commission to settle an inquiry about how the firm has allocated expenses between funds and co-investors, according to the firm’s annual report and a recent letter to limited partners.
3 min read · 04 March 2015