New York City’s five pension funds made $600 million in fresh commitments to three private equity funds, according to a spokesman for the New York City Comptroller’s Bureau of Asset Management, which manages their assets. As of June 30, 2012, the five pensions had combined assets of $122 billion. The three new commitments are $300 [...]

Trilantic Capital Partners agreed to acquire an unspecified, but substantial minority stake in Fortitech Inc., which makes custom nutrient premixes for the food, beverage and pharmaceutical industries. Financial terms were not disclosed. Trilantic of New York has total capital commitment of $3.9 billion.

Trilantic Capital Partners is looking to sell Phoenix Brands, maker of detergents like Fab and Ajax, according to Bloomberg. Barclays Capital will manage the process. www.trilanticpartners.com

(Reuters) – U.S. merger advisory boutique Evercore Partners Inc (EVR.N) has agreed to take a stake in Trilantic Capital Partners in an effort to support the private equity firm’s investments. As part of the deal, Evercore will issue 500,000 restricted shares, with a minimum redemption value of $16.5 million on Dec. 31, 2014, for a [...]