Dedicated secondary buyers are flat out, with billion dollar portfolio disposals being arranged by leading LPs such as CalPERS. At the same time, buyers are beginning to seriously contemplate what an end to the private equity boom might mean for them. Philip Borel reports.
9 min read · 12 January 2013
A new Softbank affiliate is making its mark across Asia.
5 min read · 12 January 2013
Operational heavyweight Bruno Deschamps swaps Clayton, Dubilier for 3i.
4 min read · 12 January 2013
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
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
Private equity generated the highest return of VRS’ assets, outperforming the overall fund by 11.6 percentage points.
1 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