Private Equity Insights

JUNE 15, 2023

TA Associates, a leading global private equity firm, announced the completion of fundraising for its latest flagship fund, TA XV, with total limited partner commitments at its hard cap of $16.5bn. Launched in late November 2022, TA XV was oversubscribed and exceeded its initial target size.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Funds 130

Private Equity Wire

APRIL 11, 2024

Lone View Capital, an LA-based private equity firm investing in the technology sector, has held final close of its inaugural fund, Lone View Capital Fund I with total committed capital of $850m, bringing the firm’s AUM to approximately $1.1bn. Kirkland & Ellis served as legal counsel for Fund I.

Private Equity Firms 98

Private Equity Firms Private Equity Firms Pension Funds Funds 98

Private Equity Wire

OCTOBER 31, 2024

Hassana Investment Company, the investment manager of Saudi Arabia’s $320bn General Organization for Social Insurance (GOSI) pension fund, is to allocate up to $500m in Brookfield Asset Management’s new Middle East-focused private equity fund.

Private Equity Firms 74

Private Equity Firms Private Equity Firms Pension Funds Buyout 74

Private Equity Wire

OCTOBER 28, 2024

Sinding also highlighted the importance of adding capabilities in secondaries, noting that it would strengthen EQT’s offerings at both the fund and portfolio levels. Other major private equity firms, such as TPG and CVC, have taken similar steps, listing shares to enable growth through diversification, which has bolstered their asset totals.

Private Equity Firms 95

Private Equity Firms Private Equity Firms Pension Funds Buyout 95

Private Equity Insights

DECEMBER 5, 2023

RRJ Capital, the private equity firm founded by former Goldman Sachs Group Inc. banker Richard Ong, is seeking to raise as much as $2bn for a new fund that focuses on private credit in Asia. The firm is seeking at least $1.25bn and may raise another $750m, capping the fund size at $2bn, the document shows.

Capital 130

Capital Private Equity Firms Private Equity Firms Initial Public Offering 130

Private Equity Insights

SEPTEMBER 13, 2023

Mubadala Investment Company , Abu Dhabi’s sovereign investment arm, has formed a strategic partnership with New York-based alternative asset manager Blue Owl Capital as it seeks to co-invest in private credit opportunities amid a tightening monetary environment around the world.

Capital 246

Capital Investing Private Equity Firms Private Equity Firms 246

Private Equity Insights

JUNE 8, 2024

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Meanwhile, Michael Dell’s family office partnered with Silver Lake on the biggest private equity buyout this year, a $13 billion deal for talent agency Endeavor Group Holdings Inc.

Buyout 130

Buyout Private Equity Firms Private Equity Firms Pension Funds 130

Private Equity Insights

DECEMBER 12, 2023

Top global asset managers including BlackRock are among investors in an Asia-focused infrastructure private equity fund that raised $800m, underscoring growing interest in the asset class amid market volatility. The Asia-managed fund says it has already deployed half the money raised in three platforms.

Funds 130

Funds Private Equity Firms Private Equity Firms Pension Funds 130

Private Equity Wire

FEBRUARY 12, 2024

Epiris, a private equity firm that targets control positions in UK-headquartered businesses with an enterprise value of between £75m and £500m, has held the final close of Epiris Fund III with total capital commitments of £1.044bn.

Private Equity Firms 98

Private Equity Firms Private Equity Firms Pension Funds Funds 98

FinSMEs

APRIL 11, 2024

Lone View Capital, a Los Angeles, CA-based private equity firm investing across the technology ecosystem, raised $850M for its inaugural fund.

Capital 59

Capital Private Equity Firms Pension Funds Private Equity Firms 59

Private Equity Wire

OCTOBER 23, 2024

The Bank of England (BoE) is intensifying its efforts to closely monitor risks in the non-bank financial sector, which includes private equity firms, hedge funds, and asset managers, according to a report by Institutional Investor.

Hedge Funds 87

Hedge Funds Buyout Private Equity Firms Private Equity Firms 87

FinSMEs

DECEMBER 18, 2023

Turnspire Capital Partners, a NYC-based private equity firm, closed Turnspire Value Fund II, L.P. , at $275m in capital commitments. at $275M appeared first on FinSMEs.

High Net Worth Individuals 59

High Net Worth Individuals Capital Private Equity Firms Pension Funds 59

Private Equity Wire

APRIL 12, 2024

Australia’s largest pension fund AustralianSuper intends to nearly double its private equity assets over the next four years, a decision that comes as deal activity picks up following a period of reduced activity due to higher borrowing costs, according to a report by Bloomberg.

Assets 98

Assets Private Equity Firms Private Equity Firms Pension Funds 98

Private Equity Insights

MARCH 17, 2023

It has vaulted to the top rungs of the alternative-asset management world by focusing on what it does best: private credit. Yet, like its peers, Ares feels compelled to diversify into other asset classes, such as real estate, infrastructure, and private equity. Apollo Global Management, and KKR.

Pension Funds 130

Pension Funds Buyout Leveraged Buyouts Asset Management 130

The Motley Fool

SEPTEMBER 18, 2023

Blackstone (NYSE: BX) recently reached a huge milestone when it surpassed over $1 trillion in assets under management ( AUM ) in the second quarter. It became the first global alternative asset manager to hit that level and will add another notch to its belt when it joins the S&P 500 index later this month.

Investment Banks 130

Investment Banks Investment Banking Banks Hedge Funds 130

Private Equity Wire

JULY 25, 2023

CenterGate Capital closes Fund II at over $375m Submitted 25/07/2023 - 11:21am CenterGate Capital (CenterGate), an Austin, Texas-based lower middle market private equity firm, has held the final closing of CenterGate Capital Partners II (Fund II) in excess of its original target with over $375m of capital capital commitments.

Capital 52

Capital Private Equity Firms Pension Funds Private Equity Firms 52

Private Equity Insights

JULY 7, 2023

It comprises 17 African shareholders—including sovereign wealth funds, development finance institutions, banks, pension funds, asset managers, and retirement agencies—and two international Institutional Investors. Other entities are expected to join this first transaction.

Investors 130

Investors Funds Initial Public Offering Private Equity Firms 130

Private Equity Insights

JUNE 27, 2023

Investors in the Fund, which were a mix of numerous new investors as well as existing New Mountain Net Lease investors, include pension funds, insurance companies, asset managers, endowments, family offices and high net worth individuals. billion rupees.

High Net Worth Individuals 130

High Net Worth Individuals Capital Funds Private Equity Firms 130

Private Equity Insights

AUGUST 30, 2024

Leading investors in the recap included a Stonepeak managed vehicle anchored by Mercer and Aware Super, and direct investments from the Investment Management Corporation of Ontario (“IMCO”) and APG Asset Management (“APG”). Billion Loan for AirTrunk Bid Private equity firm Blackstone Inc.

Legal 130

Legal Private Equity Firms Private Equity Firms Pension Funds 130

Pension Pulse

DECEMBER 13, 2023

Low De Wei of Bloomberg News reports BlackRock, Aimco Back $800 Million Asia Infrastructure Fund: An Asia-focused infrastructure fund has raised $800 million from investors including funds managed by BlackRock Inc. and pension manager Alberta Investment Management Corp., KKR & Co. raised about $5.7

Funds 59

Funds Pension Funds Banks Investment Banks 59

The Motley Fool

JANUARY 2, 2024

You just might want to follow the asset managers. Before we move on and talk about residential, and I wanted to turn it to you because one of my weird investing theses is follow the asset managers, follow a Blackstone or a KKR. 2020 hit the pandemic, they were one of the worst performing asset classes.

Assets 246

Assets Private Equity Firms Private Equity Firms Banks 246

Pension Pulse

DECEMBER 20, 2023

Alright, Bert Clark wrote an excellent overview of 2023 from IMCO's perspective, highlighting why proper diversification across public and private markets helped the organization withstand the shock over the past two years where stocks and bonds got hurt (until mid-October where long bonds rallied hard).

Bidding 59

Bidding Pension Funds Assets Banks 59

Pension Pulse

JUNE 20, 2023

Keep in mind that Credit Investments (CI) make up 13% of CPP Investments' total portfolio which make it a very important asset class. Importantly, no other large Canadian pension fund has allocated as much to Credit as CPP Investments (or Private Equity which makes up 33% of of its total assets).

Investing 52

Investing Leveraging Banks Debt 52

Pension Pulse

MAY 11, 2023

Paulina Pielichata of Pensions & Investments reports CDPQ works to pump $11.2 billion into European private markets: Canadian pension fund Caisse de depot et placement du Quebec has recently moved into its new London headquarters as it is working to deploy C$15 billion ($11.2 billion) in private markets across Europe.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Buyout Pension Funds 52

Private Equity Insights

JULY 4, 2023

APG, which conducts investments on behalf of Dutch pension fund giant ABP, confirmed the acquisition in a joint press statement with OMERS but did not disclose financial terms. billion) in assets under management according to its website, has been active in investing in energy transition assets in the last few years.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Startups 130

The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He’s a member of the management committee. He co-chairs a number of the asset management investment committees. He covers PE, infrastructure, growth, equity, credit, real estate, on and on. It tends to be quite sticky.

Liabilities 119

Liabilities Assets Banks Hedge Funds 119

Pension Pulse

JANUARY 12, 2024

is shaking up the top ranks of management, creating a new global product strategy group led by Stephen Cohen that will latch onto the global growth of exchange-traded funds and combine active and index strategies. billion bet on infrastructure: BlackRock's ( BLK ) plan to buy private equity firm Global Infrastructure Partners is a $12.5

Pension Funds 59

Pension Funds Debt Assets Exchange-Traded Funds 59

Pension Pulse

NOVEMBER 20, 2024

Swetha Gopinath of Bloomberg reports Ontario Teachers' Pension Plan to co-own financial advisor Max Matthiessen: Ontario Teachers’ Pension Plan (OTPP) agreed to acquire a co-control stake in Stockholm-based financial advisor Max Matthiessen from private equity firm Nordic Capital Ltd. www.nordiccapital.com.

Capital 59

Capital Financial Services Pension Funds Leveraging 59

Pension Pulse

JULY 10, 2024

Neil Callanan of Bloomberg reports distressed commercial property buyers see ‘exceptional bargains’: Distressed investors see one of the best opportunities in a generation to buy troubled US real estate assets as the commercial property crash continues to roil the market. Private equity firms are already positioning to take advantage.

Pension Funds 59

Pension Funds Investing Banks Debt 59

Pension Pulse

SEPTEMBER 6, 2023

Since 2021, the regulator has pushed the sector to improve how it values assets that range from venture capital to office blocks. Regulators are pushing private equity firms to do a better job when it comes to valuing their assets. million Norweigans benefit from the Government Pension Fund.

Hedge Funds 64

Hedge Funds Securities and Exchange Commission (SEC) Pension Funds Funds 64

Pension Pulse

APRIL 25, 2024

Paula Sambo of Bloomberg reports Canada pension fund's credit head wants to take advantage of leveraged buyout boom: Canada’s largest pension fund plans to nearly double the size of its credit holdings over the next five years, and it’s counting on an upturn in leveraged buyouts to generate some of that growth.

Leveraged Buyouts 59

Leveraged Buyouts Buyout Pension Funds Mergers and Acquisitions 59

Pension Pulse

JULY 11, 2024

At present, a capital increase that would dilute the PE firms and help pay down the PIK is seen as the most likely option, although the backers haven’t started formally exploring any particular exit route. Apex Group, a provider of services to asset managers, has just refinanced a slug of debt with a $1.1

Buyout 59

Buyout Debt Leveraging Pension Funds 59

Pension Pulse

SEPTEMBER 12, 2023

Sarah Rundell of Top1000Funds recently interviewed Suyi Kim, Global Head of Private Equity at CPP Investments to go over what drives success at their giant PE portfolio: Suyi Kim, global head of private equity at CPP Investments manages quite possibly the largest private equity allocation in the world.

Portfolios 69

Portfolios Pension Funds Due Diligence Investing 69

The Big Picture

AUGUST 15, 2023

So I worked at a private equity firm, that middle market private equity firm Yale had money with. RITHOLTZ: The whole pre-financial crisis decade or two, hedge funds crushed-crushed it. SEIDES: I know back then, the premier job in asset management was to run Fidelity Magellan.

Hedge Funds 52

Hedge Funds Funds Capital Assets 52

Pension Pulse

OCTOBER 20, 2023

The statement, sent exclusively to the National Post , marks the first time Poilievre has explicitly addressed the issue of Alberta’s proposal to withdraw from the Canada Pension Plan (CPP) and set up its own pension fund. My take: This is a great deal for BCI and Searchlight, a private equity firm BCI seeded.

Investing 59

Investing Consulting Consultants Debt 59

The Big Picture

APRIL 4, 2023

 The transcript from this week’s, MiB: Ken Kencel, Churchill Asset Management , is below. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, Ken Kencel of Churchill Asset Management, CEO, Founder, President. KENCEL: — as an equity partner, right?

Private Equity Firms 59

Private Equity Firms Private Equity Firms Banks Financing 59

Pension Pulse

MAY 24, 2023

In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pension funds, he said. Management fees increased by $165 million, due to an increase in average assets managed by external fund managers.

Investing 52

Investing Stakes Pension Funds Assets 52