In a rare in-depth interview, KKR co-founder George Roberts discusses both the firm’s and private equity’s ongoing evolution as they move past credit crisis ‘hiccups’ and closer to maturity.
10 min read · 15 January 2013
'The last time we fought was when we were about eight years old – and that was over a bicycle,' says KKR co-founder George Roberts of cousin and fellow co-founder Henry Kravis.
2 min read · 15 January 2013
The $6.5bn pension fund’s $500m commitment to AlpInvest is the fund of fund’s first since being acquired by The Carlyle Group in January.
2 min read · 15 January 2013
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
