KKR invested ‘hundreds of millions’ in a partnership called Weld North in 2010, which has made its first acquisition for a reported $50m.
2 min read · 15 January 2013
Carlyle had reportedly been in talks to acquire the New Jersey-based energy-focused firm, which closed its $4.3bn second fund in 2010.
2 min read · 15 January 2013
For the first time since the credit crisis, Aberdeen Asset Management has launched an Asia Pacific fund of funds vehicle, seeking out a range of strategies from core to opportunistic and targeting returns between 13 and 17 percent per year.
2 min read · 15 January 2013
The $154bn pension system will also work to decrease holdings in opportunistic and value-add investments and reduce leverage in the portfolio.
2 min read · 15 January 2013
California Democratic Senator Barbara Boxer, who chairs the Environment and Public Works Committee, has proposed a two-year, $109bn transport bill to replace current legislation expiring on 30 September, while House Republicans led by John Mica (right) are suggesting a six-year, $230bn plan.
2 min read · 15 January 2013
The $154bn pension system has presented a 2011-2012 business plan that includes a target of $300m to $600m for new infrastructure investments. The plan also recommends that CalSTRS hire an additional investment officer for the infrastructure team.
4 min read · 15 January 2013
Carlyle had reportedly been in talks to acquire the New Jersey-based energy-focused firm, which closed on its $4.3bn second fund in 2010.
2 min read · 15 January 2013
The $154bn pension system will review a private equity business plan next week that shows a focus on reducing costs by creating separate accounts and expanding the co-investment programme.
3 min read · 15 January 2013
The real estate arm of Aberdeen Asset Management is looking to Sweden as the first in a country-by-country series of funds investing in residential property.
2 min read · 15 January 2013
While asset allocation to private equity remains relatively low at 11%, half of those surveyed in a recent LPEQ and Scorpio Partners study plan to increase their holdings in the asset class in the next year.
2 min read · 15 January 2013
