Posted on: July 5, 2011 by Clancy Nolan
Private equity funds closed on $11.2 billion in the second quarter of 2011, according to the research firm Preqin, Reuters reported Monday. Total commitments were up on the $8.9 billion raised in the first quarter, and on the $7.1 billion raised in fourth-quarter 2010, Preqin said. Real estate funds focused on North America were some of the biggest winners: Lone Star Real Estate Fund II raised $5.5 billion at final close, the Och-Ziff Real Estate Fund II raised $840 million, and Pramerica Real Estate Capital I raised 492 million pounds ($786.5 million), Reuters wrote.
Tags: Lone Star, Och-Ziff, Pramerica
Posted on: November 8, 2010 by Clancy Nolan
Buyout shop Doughty Hanson plans to buy Britain’s Vue Entertainment for 450 million pounds ($725.6 million), Reuters reported, citing an article in Monday’s Financial Times. The founders of Vue Entertainment – which runs Britain’s largest cinema chain – own 51% of the company. Private equity firm Coller Capital and New York-based hedge fund Och-Ziff own the remaining shares, which they both plan to sell to London-based Doughty Hanson, Reuters reported.
Tags: Coller Capital, Doughty Hanson, Och-Ziff
Posted on: October 29, 2009 by PEHub Administrator
LONDON (Reuters) – Hedge fund Och-Ziff (OZM.N) has emerged as the buyer of TPG’s [TPG.UL] stake in British department store chain Debenhams PLC (DEB.L) after the U.S. buyout firm made its exit from the business earlier this week. Och-Ziff, one of the world’s largest hedge fund managers, said in a regulatory filing on Thursday it [...]
Tags: Debenhams, Och-Ziff, TPG Capital
