Finland’s state pension fund wants to increase its alternatives allocation still further after another strong set of results.
2 min read · 12 January 2013
Advantage Partners, one of Japan’s most prominent local private equity groups, is making its first foray into what one investor referred to as ‘hedge fund management’, with a $2 billion fund that will buy minority stakes in listed Japanese companies.
2 min read · 12 January 2013
Accent Equity has sold Swedish flower delivery service EuroFlorist to Litorina Kapital. It is the third investment in three months from the Swedish firm’s third fund.
1 min read · 12 January 2013
John Stomber, chief executive of Carlyle Capital Corporation, has apologised to shareholders about poor communication of portfolio troubles as its parent makes its second loan in a week.
2 min read · 12 January 2013
Home Depot has agreed to accept $1.8 billion less than previously agreed in the sale of its HD Supply unit to Carlyle, Bain and Clayton, Dubilier & Rice.
2 min read · 12 January 2013
Several of the world’s biggest private equity firms are already consulting with LPs about their next funds, but uncertainties about the pace of dealmaking and size of allocations are hampering these efforts.
2 min read · 12 January 2013
CIT Capital Finance has delivered financing for the Rutland Partners-led acquisition of Pulse Home Products while Electra Private Equity has carried out a third refinancing on Allflex.
2 min read · 12 January 2013
Lehman Brothers’ listing of a fund of funds vehicle has attracted significant investor demand, including an 84 percent allocation of its greenshoe, showing that successful fundraising is still possible despite the recent volatility in the public markets.
2 min read · 12 January 2013
Asia’s private equity report card for the first half of this year is out: fundraising has surpassed last year’s record levels but transaction value has fallen compared to the first six months of 2006.
2 min read · 12 January 2013
Franklin Templeton Investments’ buyout arm has launched the largest mezzanine fund in central and eastern Europe.
2 min read · 12 January 2013