Private Equity
Carlyle Group-backed NGP Energy Capital Management is in the market targeting $4.5 billion for its 11th fund, according to a limited partner who has heard the firm’s pitch.
1 min read · 01 May 2014
Andrew Kripke, a former executive at Caspian Private Equity, has joined the Abu Dhabi Investment Authority as a portfolio manager in the U.S. fund investments business, an ADIA representative confirmed.
1 min read · 01 May 2014
Riverwood Capital has raised about $1 billion for its second fund, already hitting its target as the firm now eyes its $1.25 billion hard cap, according to three people with knowledge of the situation.
2 min read · 30 April 2014
The Carlyle Group is not worried about the increasing pressure by the U.S. Securities and Exchange Commission on the private equity industry around fees and expenses.
2 min read · 30 April 2014
The CapStreet Group has held a final close on $325 million, the hard cap, for its fourth fund, George Kelly, the firm’s chairman and chief executive officer, confirmed.
1 min read · 28 April 2014
The New York State Teachers’ Retirement System committed $460 million to private equity and venture capital in the first quarter, according to a commitment summary from the system.
2 min read · 24 April 2014
The Massachusetts Mutual Life Insurance Co. is close to wrapping up a deal to sell an estimated $250 million portfolio weighted toward mid- market buyout funds, according to two people with knowledge of the situation.
2 min read · 23 April 2014
The Canada Pension Plan Investment Board has become something of a white knight for a few private equity managers with aging funds they can’t seem to close.
3 min read · 22 April 2014
Palladium Equity Partners has held a final close on its fourth private equity fund, beating its original target and cap by collecting $1.14 billion, the firm confirmed.
2 min read · 21 April 2014
The Blackstone Group has held a final close on its Tactical Opportunities Fund at $5.6 billion, a sum earmarked for alternative investments across a variety of strategies, including private equity, real estate, credit and energy.
1 min read · 18 April 2014
