Pantheon Ventures is raising upwards of $4.75 billion for its fourth global secondaries fund, according to a regulatory filing. www.pantheonventures.com
Caltius Equity Partners, a Los Angeles-based private equity firm, has invested $15 million in SeniorBridge Family Companies, a home chronic care services provider based in New York City. The deal is the sixth investment out of Caltius’ second private equity fund, Caltius Equity Partners II LP. Press Release: Los Angeles, CA 12/17/2008 – Caltius Equity […]
NEW YORK (Reuters) – Private equity firm Kohlberg Kravis Roberts & Co told investors at a recent meeting that 70 percent of its private equity portfolio was performing on or above target, according to a source who attended the meeting. KKR executives made the comments at a meeting for investors at a New York hotel a […]
Kingman Capital has launched as a Chicago-based private equity firm focused on opportunities in the middle markets. It is being run by Keith Konesman, who has previously held positions with Merrill Lynch, Dresner Partners, Divine Interventures and Banc of America Securities.
StepStone Group, a La Jolla, Calif.-based PE asset management and consulting firm, has hired James Gamett for a new secondary investment division. Prior to joining StepStone, Mr. Gamett was Vice President of Secondary Investments at Portfolio Advisors. Press release: StepStone Group LLC today announced that James Gamett has joined the firm as Managing Director and […]
DMC Capital Funding has launched to offer growth capital to companies with between $20 million and $200 million in annual revenue.
John Knutsen has joined Madison Dearborn Partners as head of investor relations, according to LBO Wire. He previously was with Credit Suisse. Also moving over from Credit Suisse is David Pequet, who will serve as a vice president. www.mdcp.com
British private equity firm 3i Group said on Wednesday it will close its offices in Hong Kong and Shanghai but relocate its China dealmakers to Beijing to save costs and focus more on mainland Chinese deals. Chris Rowlands, 3i’s managing partner for Asia, also told Reuters in a telephone interview it aimed to conclude two […]
Mid-market, healthcare IT provider Ascribe has agreed a £32.9m management buyout backed by ECI private equity fund. The offer, by Scroll Bidco, is 28p per share in cash and values Ascribe at £32.9m. Ascribe’s independent directors have been advised by Cenkos, and Altium has advised Scroll Bidco. Scroll Bidco is currently ultimately […]
NEW YORK (Reuters) – California Public Employees’ Retirement System, the nation’s largest pension fund, also known as Calpers, is set to name a new chief executive as early as this week, the Wall Street Journal reported in its online version on Tuesday. Calpers, which has about $182 billion under management, has been without a […]