The University of Michigan’s Wolverine Venture Fund is incubating the next generation of venture capitalists, and it has ‘about the same rate of return as most professional funds’. By David Rapp.
4 min read · 12 January 2013
The partnership between NRDC and Apollo has also hired Christina Johnson, the former chief executive of Saks Fifth Avenue, in the latest example of top retail talent making the jump to private equity.
2 min read · 12 January 2013
Harry Clark, a veteran lobbyist and communications counselor to industry and government officials, is helping America’s biggest buyout firms establish an advocacy group for the private equity industry.
2 min read · 12 January 2013
A multitude of government institutions and formally established family offices make the Gulf Region a rich source of capital for the world's leading GPs. The most significant local player is ADIA, the giant investment authority in Abu Dhabi.
5 min read · 12 January 2013
Taking full advantage of ultra-liquid debt markets, buyout funds are handing big sums of cash back to investors. As holding periods shorten, are limited partners in danger of getting too comfortable with private equity's new short-termism, asks Philip Borel.
7 min read · 12 January 2013
The sale of Misys is taking longer than some investors would like.
4 min read · 12 January 2013
Electra Private Equity, the recently renamed UK investment trust, is hoping to gorge on new deals after seven years of profitable abstinence.
6 min read · 12 January 2013
As institutional investors expand their definition of real estate to include infrastructure and other alternatives, wind farms are drawing their attention. And their dollars.
2 min read · 12 January 2013
Returns are strong, financing options are growing and the first mega-deals are in the bag. But as the sun continues to shine on Australia's private equity market, some practitioners are betraying twinges of doubt about the future. Andy Thomson reports.
9 min read · 12 January 2013
Cerberus Capital Management has emerged to become one of the most active private equity investors in the world. But the firm's high-profile deals, such as GMAC, contrast with an extremely private culture. How long can the firm avoid the spotlight? Dave Keating reports.
7 min read · 12 January 2013
