CPPIB revamps C$80 bln PE program to extend global deal reach
Canada Pension Plan Investment Board, the world’s biggest institutional investor in private equity, is reorganizing [...]
Continue
Featured Content
Morgan Stanley Capital scores 30-40 pct IRR on sale of airport restaurant chain
Morgan Stanley Capital Partners, the investment bank’s in-house middle-market buyout group, reaped a return of [...]
Continue
Independent sponsors are hot — but LPs must be careful: panel
Once shunned, the independent sponsor space is flush with money. But investors and GPs have [...]
Continue
Avenue Capital explores revamp of a special-situations fund
Avenue Capital is working on a process to deliver liquidity to investors in its second [...]
Continue
BrightSpring’s marriage with KKR’s PharMerica said to command $1.3-bln-plus valuation
Onex Partners concluded its sales process for BrightSpring Health Services, agreeing to combine with KKR-backed pharmacy-services [...]
Continue
Houston’s Kelsey-Seybold taps adviser to consider strategic options
Kelsey-Seybold Clinic, a for-profit integrated healthcare organization in the greater Houston area, hired an adviser [...]
Continue
GPs face high multiples, ‘creative’ Ebitda adjustments to find deals: Riverside’s Kriscunas
A local presence and specialization can help middle-market private equity firms navigate the hypercompetitive environment. [...]
Continue
Ex-Fortress executive Andrew Berman eyes $500 mln for debut fund
Andrew Berman, a former credit executive with Fortress Investment Group, is gearing up to raise [...]
Continue
PE-backed AeroCare, oxygen-therapy DME, taps adviser for sale
AeroCare, a private equity-backed provider of home respiratory therapy products and services, is gearing up [...]
Continue
DuPont Capital loses another private markets executive
A private markets director has left DuPont Capital Management, the third executive to leave the firm’s [...]
Continue
Washington tees up $200 mln bet on ex-Warburg exec’s debut China fund
Washington State Investment Board plans to commit $200 million Centurium Capital Management’s first fund, which [...]
Continue
Former Lone Star Funds exec targets over $1 bln for first-time fund
Everything is bigger in Texas, even debut funds. Paceline Equity Partners, founded by Samuel Loughlin, [...]
Continue
TowerBrook to buy Orchid Underwriters from Gryphon
Gryphon Investors is selling Orchid Underwriters after four years, according to two sources and an [...]
Continue
NYC pension system, with $12 bln private equity portfolio, names PE chief
New York City Comptroller Scott Stringer named J. David Enriquez as head of private equity within the [...]
Continue
Grain targets $750 mln for next telecom fund
Grain Management, a shop formed in 2007 to pursue investments in communications, is in the [...]
Continue
Lefkowitz’s Sagewind Capital buys Athene Group
Sagewind Capital, the middle-market PE firm of Steve Lefkowitz, has clinched its seventh deal since [...]
Continue
ArcLight explores secondary process on older fund
ArcLight Capital Partners is exploring a secondaries process on one of its older funds as [...]
Continue
Chicago’s Vistria wins auction for Frontenac’s Behavioral Health Group
Frontenac has agreed to sell Behavioral Health Group to fellow Chicago private equity shop Vistria [...]
Continue