How a strategic bidder beat sponsors for Tribeca Oven: Buyouts

Tribeca Oven CEO Marc Essenfeld said the rapidly growing artisan bread maker seriously considered a private equity buyer when it moved to sell itself, but the New Jersey-based company went with a strategic buyer instead, according to sister magazine Buyouts.


Goldman whittles $1 bln from Volcker Rule portfolio: Buyouts

Goldman Sachs Group trimmed $1 billion in the first half of the year from alternative funds subject to the Volcker Rule, bringing the total figure down to $8 billion, according to recent comments by the marquee investment bank and private equity fund manager.


CalSTRS commits $743 mln to alternatives in Q1: Buyouts

The California State Teachers’ Retirement System committed $743 million to private equity investments during the first quarter, with a $200 million commitment to Clayton Dubiler & Rice Fund IX drawing the single largest pledge.


WestView Capital Oversubscribed on $430M Fund III

WestView Capital Partners has wrapped up a targeted $430 million fundraise for WestView Capital Partners III LP, its flagship lower mid-market fund, in a fresh example of a growth equity vehicle drawing strong interest.


GenNx360 Draws At Least $347M For Fund II

GenNx360 Capital Partners has raised at least $346.9 million for GenNx360 Capital Partners II LP.

The industrial business-to-business buyout shop founded by Ronald Blaylock and General Electric Co veterans looks to surpass the size of its inaugural fund by $150 million.


NYC Pensions Pledge $500M Each to Apollo, CVC

New York City Public Pension Funds marked its largest commitments yet to private equity via marquee funds from Apollo Global Management and CVC Capital Partners. It was part of an overall $1.3 billion series of pledges by the $137 billion retirement system that also included first-time commitments to several emerging managers.


General Atlantic Takes In $900 Million In Capital, Seeks Growth Firms

General Atlantichas made a name for itself by taking stakes in high profile firms ranging from social media giant Facebook to women’s clothing brand Tory Burch. General Atlantic recently made Form D filings indicating an influx of $623 million but that total is actually $900 million, a source tells Buyouts.


Oregon Ups Private Equity Allocation Target to 20 Percent

While private equity investments by the Oregon Investment Council now comprise about 22 percent of its $62.4 billion retirement fund, its official ceiling for its buyout holdings remained at only 16 percent—up until now. Moving to match its long-term allocation target to its existing position in private equity funds, the Oregon council OK’d plans to hike its long-term allocation to 20 percent

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