New Jersey gets reduced fees on $500 mln Benefit Street fund
The New Jersey Division of Investment’s large commitment to a new distressed debt fund marketed [...]
Continue
Featured Content
Pantheon chief: Lower return expectations could pressure fees
A decade of low or non-existent inflation lowered the bar for private equity returns. General [...]
Continue
GI Partners Fund V will likely weigh in at about $2 bln
GI Partners’ fifth fund will “probably” be the same size as its last $2 billion [...]
Continue
Penfund closes fifth mid-market fund above hard cap, raising C$724 mln
Penfund, one of Canada’s oldest private equity firms, wrapped up its fifth mid-market fund, raising [...]
Continue
Oncap sees strong demand for fourth mid-market fund
The fourth middle-market fund from Canada’s Oncap is in high demand and will likely be oversubscribed, according [...]
Continue
Magnuson: Investing with CalPERS, CalSTRS? Prepare to scale
GI Partners Executive Managing Director Rick Magnuson has some advice for general partners who want [...]
Continue
PE pros urge caution, flexible debt structures amid recession fears
A panel of private equity executives looking toward 2017 agreed that a U.S. recession lurks [...]
Continue
KKR-spinout True Wind blows past $400 mln target for debut fund
True Wind Capital, a firm formed by two KKR executives, surpassed the $400 million target [...]
Continue
VC-backed Mozido seeks another round and/or sale: sources
Mozido Inc, the mobile payments company that raised more than $300 million from high-profile investors [...]
Continue
Chart of the week: Which GPs have the most skin in the game?
GPs are required to invest their own money into the funds they manage to qualify [...]
Continue
Chart of the week: How long does it take to make partner?
Buyouts, in partnership with Holt Private Equity Consultants and MM&K Ltd conducted its annual Compensation [...]
Continue
Down-ticket races represent key battlegrounds for PE voters
While the presidential race between former Secretary of State Hillary Clinton and businessman Donald Trump [...]
Continue
Sales leaders at portfolio companies critical in low-growth environment: panel
While the chief executive position is the more critical position to fill at portfolio companies, [...]
Continue
Auerbach: ‘nervous’ in high-priced, strong-fundraising environment
Andrea Auerbach is nervous — and when someone who leads a team that takes more [...]
Continue
Ex-Carlyle exec Sarkozy may seek up to $1.5 bln for debut fund
Olivier Sarkozy, the financial-services-focused executive who stepped down at Carlyle Group earlier this year, is [...]
Continue
AlpInvest’s Hacker: GPs push back on management fee offsets
A hot private equity fundraising market of about $300 billon expected this year has tilted [...]
Continue
Platinum sees strong demand as it nears target for Fund IV
Platinum Equity is set to close on around $4.2 billion as it heads for the [...]
Continue
Market at a glance – Summer is over but fundraising stays hot
U.S.-based buyout and mezzanine fundraising continues to spike, having piled up $12.6 billion in the [...]
Continue