More than half of all delegates at the PREA spring conference in Washington DC believe LPs will call for more separate accounts and fewer commingled funds. However, opportunistic strategies make the most sense in 2009.
1 min read · 08 February 2013
The Lake Oswego, Oregon-based firm is targeting $200m for its Real Estate Distress Fund. The vehicle will focus on distressed multifamily apartments, particularly in the Sunbelt states.
1 min read · 08 February 2013
The San Francisco-based secondary specialist estimates some $5bn in venture secondary assets are up for grabs.
2 min read · 08 February 2013
The Canadian door maker has filed a pre-arranged bankruptcy in which the majority of the company’s creditors are supporting the restructuring plan. KKR, which has lost its equity stake of $429m in the company, took part in planning the restructuring.
2 min read · 08 February 2013
Euronext-listed fund of funds Lehman Brothers Private Equity Partners is changing its name to NB Private Equity Partners and will help its bankrupt parent company unload 14.5 million shares in secondary transactions beginning in mid-2010.
2 min read · 08 February 2013
Natixis Capital Partners has closed its third fund on €420m for investment into corporate real estate in Benelux, France, Germany, Italy and Spain.
1 min read · 08 February 2013
Fresh from raising nearly €1bn for its eighth mid-cap fund, the French private equity firm is aligning itself to take advantage of market dislocation. It is also raising its third small-cap fund.
2 min read · 08 February 2013
The mega-firm acquired Masonite in 2005 in a deal valued at C$3.1bn, using about $429m in equity. Masonite’s fortunes began to turn last year as the US housing market declined.
2 min read · 08 February 2013
The European venture firm collected commitments from LPs in just three months for its latest early stage fund. It is the same size as its 2007 predecessor, which has been nearly fully deployed alongside a growth capital fund.
2 min read · 08 February 2013
CVC, Hellman & Friedman, Welsh Carson, Advent and Actis are among the winners in the Private Equity International Awards 2008. Transactions that were honoured include BC Partners’ purchase of Turkish retailer Migros, TPG’s and Goldman’s $28bn Alltel exit and Advantage’s buyout of Tokyo Star Bank.
2 min read · 08 February 2013
