Montana sells chunk of PE portfolio, backs two new funds
Montana Board of Investments recently sold off a $70 million chunk of its private equity [...]
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Cortec could pocket $280 mln if YETI’s IPO roars
YETI Holdings, which sells bear-proof high-end coolers, could raise $400 million in its second attempt [...]
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HGGC, General Atlantic merge portfolio companies to fight Amazon effect
In a bid to help retailers combat the Amazon effect, HGGC is merging its portfolio [...]
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Charts of the Week: GP payroll cost as percentage of revenue
The average payroll as a percentage of revenue (management fees plus other fees) is 62 [...]
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Charts of the Week: PE salaries and bonuses continue to rise
Yearly fundraising, a major determinant in compensation adjustment, has been growing or holding steady for [...]
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NEA heads for close of innovative secondary process
New Enterprise Associates is nearing a close for a process to spin out startup investments [...]
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Wisconsin mulls lifting PE allocation
State of Wisconsin Investment Board is weighing a recommendation to raise its private equity allocation [...]
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Florida SBA, major secondary seller, brings $1 bln-plus portfolio to market
Florida State Board of Administration is shopping a large portfolio of stakes in private equity [...]
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Club deals are good deals, PitchBook says
Club deals may not be as popular as they once were, but private equity still [...]
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EQT Europe mid-market chief to leave; triggers key-man in debut fund
Jannik Kruse Petersen, head of EQT’s European middle-market fund, is leaving the firm after a [...]
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MBF Healthcare, Kroviak get behind autism-treatment via newly launched Acorn Health
MBF Healthcare Partners, through one of three deals unveiled this week, is the latest sponsor [...]
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San Bernardino commits $30 mln to Venezuela private markets
San Bernardino County Employees’ Retirement System committed $30 million to a private equity strategy focused [...]
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Butterfly Equity operating partner named as potential bidder in Campbell Soup divestiture
As Butterfly Equity, a food-focused PE firm, closes in on its debut fund, one of [...]
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With Thoma Bravo, Apttus could be as big as Salesforce or SAP: executive chair
David Murphy, Apttus Corp’s newly minted executive chairman, has big plans for the middle-office-software company now [...]
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New York Common commits $1.96 bln to private equity in summer months
The $207.4 billion New York State Common Retirement Fund poured $1.96 billion into private equity [...]
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Court Square to make 6.5x its money on $2 bln Rocket Software sale
Court Square Capital Partners is ending its near decade-long ownership of Rocket Software Inc. Bain [...]
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TA-backed PhysIOL explores sale
PhysIOL, the TA Associates-backed provider of artificial lenses that treat cataracts, is prepping for a [...]
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TPG eyes disruptive opportunities in education, healthcare, dying malls
While plenty of investors are nervous about a potential market downturn, TPG’s James Coulter sees [...]
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