private equity

On the move, 1.8.2018 – Ares Management names new CEO

PRIVATE EQUITY FIRMS Accelerator Corp, a life science investment and management firm, named Kendall Mohler chief development officer and Ian Howes chief financial officer. Mohler had been senior vice president of research at Juno Therapeutics while Howes was CFO of Heart Metabolics. Bain Capital: Harvard Management’s real estate team of about 20 professionals agreed to spin out and join Bain Capital Real Estate, […]

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Market at a Glance – TPG finalizes $3.7 bln growth fund

U.S.-based buyout and mezzanine fundraising marches toward its year-end charge. Since Buyouts last went to press, private equity firms added $13.9 billion on top of its yearly total. Thus far in 2017, $215.3 billion has been raised, leading this time a year ago by $32.2 billion, or 17.6 percent. TPG Capital closed its fourth growth […]

Colorado PERA, Public Employees Retirement Association of Colorado, pension fund, private equity

LP Scorecard: Colorado sees $750 mln in profits in 12 months

Across 2016, Public Employees Retirement Association of Colorado raked in more than $749 million in distributions. Genstar Capital, Blackstone Group and JLL Partners were at the forefront of the windfall. Genstar’s sixth flagship, a 2012 vintage fund, had the strongest individual 2016 for Colorado, producing $58 million. Blackstone Capital Partners V churned out $37.2 million over the period. JLL […]

Solace Capital, private equity, Christopher Brothers, Vincent Cebula, Brett Wyard

Get your Q4 2017 private equity slide show

Here are the key statistics in private equity fundraising, deals and exits for the fourth quarter of 2017. Download the “Buyouts Insider Q4 2017 Highlights” slideshow as a PowerPoint: Buyouts Insider Q4 2017 Highlights

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Market at a Glance – KKR, Athyrium close big healthcare funds

U.S.-based buyout and mezzanine fundraising picked right back up, piling $8.8 billion on top of its 2017 total. Thus far in 2017, private equity firms have raised $201.4 billion, leading this time a year ago by $24.6 billion, or 13.9 percent. Athyrium Capital Management, focused on the global healthcare sector, wrapped up its third flagship. […]

private equity

On the move, 12.25.2017 – CalPERS’s COIO leaves for Franklin Templeton

PRIVATE EQUITY FIRMS Adams Street Partners opened an office in Seoul and Chris Cho, who is joining the firm as a principal, will lead the new office. Bridge Growth Partners named Steve Pusey London-based senior adviser. Pusey is former chief technology officer at Vodafone Group. Constant Energy Capital named Jubran Whalan a managing director. Whalan is a former managing director of global structured products at BP. […]

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Market at a Glance – Blackstone makes $8 bln deal

U.S.-based buyout and mezzanine fundraising hit a lull, bringing in only $269 million since Buyouts last went to press. Thus far in 2017, private equity firms raised $192.7 billion, leading this time a year ago by $24.4 billion, or 14.5 percent. Arrowroot Capital Management, the Santa Monica, California, growth equity firm focused on software companies in the […]

LP scorecard

LP Scorecard: CVC, Wayzata, Ares are top money makers for Nebraska

The Nebraska Investment Council harvests big returns for the state. The overall pension reaps an IRR of 11.1 percent. Overall, CVC Capital Partners, Wayzata Investment Partners and Ares Management boast the highest grossing funds from the active private equity portfolio. In terms of pure returns, CVC’s fifth European fund from 2008 has been the most […]

cotw 2

Chart of the Week: Individual team members fund most GP contributions

According to Buyouts’ 2018-2019 Partnership Agreements Study, cash funneled in from individual team members is the most common way general partners fund their contributions. While respondents could pick more than one answer, the majority of each asset class landed there, including an overwhelming 94 percent of mezzanine and infrastructure firms.  

private equity

On the move, 11.20.17 – Carlyle names co-CEOs

PRIVATE EQUITY FIRMS Advent International hired Raul Alvarez as an operating partner. Alvarez is a former president and chief operating officer at McDonald’s. BioScience Managers Ltd, the Melbourne, Australia, healthcare investment firm, appointed Michael Perry as a director, Dennis Purcell as a director and senior expert adviser and Nicole Vitullo as an independent director. Perry was senior vice president and chief scientific officer (business development and […]

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Market at a Glance – Glendon Capital closes sophomore fund at $2.5 bln

U.S.-based buyout and mezzanine fundraising brought in $6.1 billion since Buyouts last went to press. Thus far in 2017, private equity firms raised $192.4 billion, leading this time a year ago by $29.9 billion, or 18.4 percent. Glendon Capital Management held the major close over the past two weeks. The Santa Monica, California, shop held the final […]