The Hong Kong-based private equity firm is one step closer to its final close thanks to a $100m commitment from US pension fund, CalPERS.
2 min read · 14 January 2013
AnaCap Financial Partners has met its £350m hard cap for its second credit opportunities fund, which raised almost six times as much capital as its first 2010-vintage debt investment vehicle.
2 min read · 14 January 2013
The Blackstone Group’s ‘tactical opportunities’ business is targeting $3bn to $5bn, which will be raised through the formation of separate, customised accounts with limited partners.
3 min read · 14 January 2013
The firm has formed a $600m customised account with a large pension system, and could launch its next flagship buyout fund later this year, according to firm president Marc Spilker.
2 min read · 14 January 2013
John Fenton, who took over Metrolink after a deadly 2008 collision, has been appointed boss of SteelRiver-owned Patriot Rail. Fenton has private sector experience. SteelRiver bought 100% of Patriot Tuesday.
2 min read · 15 January 2013
This year’s ranking of the largest private equity firms in Asia-Pacific reveals two newcomers in the top five, underscoring the region’s changing dynamics and growth. PE Asia takes a closer look at the top five GPs on the fundraising charts
5 min read · 14 January 2013
Most of the legacy real estate fund businesses sponsored by financial institutions have disappeared from this year’s PERE 30 ranking, while strategic shifts and large older vintage funds do not bode well for the remaining bank-sponsored platforms.
3 min read · 15 January 2013
Fusion Capital, led by chairman Phil Goodwin, has a flexible mandate that allows for broad changes in strategy to accommodate the fluid marketplace.
3 min read · 14 January 2013
The firm's initial public offering debuted at $22 per share, below its low-end expectation of $23 per share. The firm raised $671m in the offering.
2 min read · 14 January 2013
CVC boosts its senior ranks with two heavyweight recruits – debt banker Stephen Hickey, formerly of Goldman Sachs, and former PAI senior partner Bertrand Meunier. Oliver Smiddy reports
3 min read · 14 January 2013
