Permira to make more than 5x on sale of Magento Commerce
Permira is poised to make more than 5x its money on the $1.68 billion sale [...]
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MassPRIM bets on Providence Equity’s lower-mid-market fund
Massachusetts Pension Reserves Investment Management Board committed $75 million to Providence Strategic Growth’s third fund, [...]
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Montana shifts PE focus to Asia, direct lending strategies
Montana Board of Investments is planning to boost its allocations to direct lending and Asia-focused [...]
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VC-backed Aspire Health weighs strategic options
Venture-capital-backed Aspire Health, which manages in-home end-of-life care for individuals facing serious illness, is exploring [...]
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Freeman & Co sues former exec director, alleges theft of trade secrets
Freeman & Co, a boutique investment bank, has sued Tony Seto, a former executive director, claiming [...]
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LPs consider draw-stop provisions ‘nuclear option’ but still necessary
To gain some perspective on how restrictive terms and conditions can be, it’s informative to [...]
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Chart of the Week: Distressed funds taking up larger portion of fundraising
So far in 2018, distressed and turnaround fundraising occupies a larger proportion of the marketplace [...]
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Chart of the Week: PE real estate could be retail’s saving grace
Brick-and-mortar retail has lost its luster due to the mainstreaming of online shopping. Despite the [...]
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Sponsors vie for Cardinal Health’s naviHealth
Cardinal Health is exploring the sale of naviHealth, its post-acute-care coordination business, according to four [...]
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MassPRIM builds co-invest bench, focuses mainly on re-ups
Massachusetts Pension Reserves Investment Management Board added Thompson Street Capital Partners, Polaris Partners and Providence [...]
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University of Michigan re-ups $125 mln to PE, VC funds
University of Michigan committed more than $125 million to private equity and venture funds in [...]
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Some on CalPERS board raise questions about new investment model
California Public Employees’ Retirement System’s unveiled a new private equity platform that will bypass expensive [...]
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Z Capital loses senior executive amid fundraising
Christopher Kipley, a senior executive at Z Capital Partners, left the firm late last year [...]
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Levine Leichtman passes $2 bln for Fund VI
Levine Leichtman Capital Partners passed the $2 billion threshold on its latest flagship fund fund, [...]
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Cambridge Associates to sell minority stake to client Sofina SA
Cambridge Associates will sell a minority stake to Belgian investment company Sofina SA, a client of the [...]
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Golub Capital looks to sell minority stake: source
Golub Capital, one of the biggest middle-market lenders, is considering selling a minority stake to [...]
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Boeding quits Zuckerberg’s investment manager, launches multifamily office
Chad Boeding, co-founder of ICONIQ Capital, has left to start a multifamily office, EPIQ Capital Group. [...]
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San Francisco may invest as much as $4.5 bln in private credit over next six years
San Francisco Employees’ Retirement System is preparing to make a major push into private credit. [...]
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