Private Equity
Insight Equity Partners has lost its director of investor relations as it works to hit its $750 million target on its third vehicle, which has been in the market for more than a year, according to two people with knowledge of the situation, as well as an internal email.
2 min read · 26 June 2014
First Reserve Corp, the Greenwich, Connecticut-based energy industry specialist, has announced the final close of its sophomore infrastructure fund.
2 min read · 24 June 2014
Leeds Novamark Management LLC has closed its inaugural senior and subordinated debt fund at more than $236 million, above its $225 million target, the firm announced.
1 min read · 24 June 2014
For the most sought-after private equity funds on the secondary market raised in the past few years, pricing has risen into premium levels, according to a new pricing study from secondaries intermediary Setter Capital.
2 min read · 17 June 2014
New York City Comptroller Scott Stringer recently hired Scott Evans, a 27-year veteran of the Teachers Insurance and Annuity of America-College Retirement Equities Fund as chief investment officer at an annual salary of $224,000. While a nice salary relative to conventional white-collar jobs, the compensation is not competitive compared to the private financial sector.
3 min read · 09 June 2014
Crescent Capital Group has collected about 239 million euros ($326 million) in commitments for its debut Crescent European Specialty Lending Fund, according to a person with knowledge of the fundraising.
1 min read · 06 June 2014
A lengthy fundraising may be coming to an end. BV Investment Partners, which was founded in 1983 as Boston Ventures and re-branded in 2010, has collected $262 million for its eighth fund. Fund VIII has been in the market since 2012 targeting $400 million.
1 min read · 05 June 2014
Apollo Global Management has lined up about $2.2 billion in potential oil and gas investment via three partnerships in April, May and June as co-founder Leon Black pursues energy as one of two major themes for the New York-based private equity titan.
2 min read · 04 June 2014
The CapStreet Group held open its fourth buyout fund to accommodate a last minute, existing limited partner from its prior fund, according to George Kelly, the firm’s chairman and chief executive.
1 min read · 03 June 2014
The attached is a list of the private equity firms that are are expected to return to the market to raise new funds in 2014
1 min read · 03 June 2014
