Private Equity Wire

JULY 19, 2024

The largest public pension find in Texas, the Teacher Retirement System of Texas, which manages some $202bn in assets, has decided to shift almost $10bn out of private equity investments, according to a report by Bloomberg. As of March, TRS held $33.7bn in private equity, representing 16.7% of its portfolio.

Pension Funds 95

Pension Funds Buyout Funds Assets 95

Private Equity Wire

SEPTEMBER 25, 2024

Vitruvian Partners, a PE firm focused on investments in middle market companies, has closed its latest buyout fund, Vitruvian Investment Partnership V (VIP V), at €7.3bn ($8.1bn) in total capital commitments, surpassing its initial target of €6.5bn. Notable include the $519.9

Buyout 98

Buyout Pension Funds Law Firms Funds 98

Private Equity Wire

FEBRUARY 5, 2025

The Arizona Public Safety Personnel Retirement System, bases in Phoenix, has disclosed two new commitments totaling $450m, including a $250m allocation to private credit fund TPG Angelo Gordon Asset Based Credit Evergreen Fund, according to a report by Pensions & Investments Online.

Pension Funds 59

Pension Funds Buyout Assets Funds 59

Private Equity Wire

OCTOBER 21, 2024

BlackFin Capital Partners, a leading European financial services sector investment specialist, has held the final close of BlackFin Financial Services Fund IV with €1.8bn, taking the firm’s total assets under management to $4bn. Since raising Fund III, BlackFin has invested substantially into its platform.

Financial Services 96

Financial Services Assets Buyout Capital 96

Pension Pulse

NOVEMBER 18, 2024

Chris Witkowsky of Buyouts reports Canadian giant PSP Investments shops $1 billion-plus portfolio: PSP investments is shopping a large portfolio of fund stakes that could total up to around $1.5 billion, according to sources and confirmed by the pension system in a statement to Buyouts. The system managed about C$264.9

Stakes 59

Stakes Professional Services Buyout Pension Funds 59

Private Equity Insights

JULY 5, 2024

Private equity firm Blackstone is nearing a deal to sell Japanese supplement maker Alinamin Pharmaceutical to North Asian buyout fund MBK Partners for $2.17bn.The deal is expected to be signed soon, said the person, who declined to be identified as the information was private. MBK, Blackstone and Alinamin declined to comment.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Buyout 130

Private Equity Insights

JULY 5, 2024

maker of sports uniforms and school yearbooks, from buyout firm Bain Capital for about $4.75 KKR will own Varsity Brands through its Americas private equity fund, the sources said, requesting anonymity because the deal has not yet been announced. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Capital 130

Private Equity Wire

MARCH 14, 2025

The countrys expanding pension fund capital base and increasing corporate restructuring activity are fuelling strong interest from alternative investment firms worldwide. With lower interest rates expected to further support leveraged buyouts, 2025 is shaping up to be an active year for dealmaking, Deloitte reported.

Leveraged Buyouts 45

Leveraged Buyouts Buyout Private Equity Firms Private Equity Firms 45

Private Equity Insights

FEBRUARY 9, 2024

billion) for a credit fund for Australia and New Zealand, as it seeks to capitalize on opportunities created by banks retreating from leveraged lending. The Ares Asia Direct Lending fund, the company’s first leveraged buyout vehicle for the region, has deployed over A$1.04 billion) for a credit fund for Australia and.

Leveraged Buyouts 130

Leveraged Buyouts High Net Worth Individuals Pension Funds Buyout 130

Private Equity Insights

JULY 5, 2024

Buyout firm EQT AB is teaming up with Germany’s richest man to acquire a 35% stake in German bus and train operator Flix SE. Buyout firms have been increasingly teaming up with the ultra-wealthy on their deals. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc.

Stakes 130

Stakes Mergers and Acquisitions Private Equity Firms Private Equity Firms 130

Private Equity Insights

JULY 12, 2024

Astorg has closed the Normec Continuation Fund, capitalised with €1.4bn by lead investors CVC Secondary Partners, Pantheon, Lexington Partners and Eurazeo, alongside sovereign wealth funds, pension funds, asset managers and family offices.

Pension Funds 130

Pension Funds Funds Buyout Asset Management 130

Private Equity Wire

MARCH 5, 2025

The Los Angeles City Employees Retirement System (LACERS) has approved significant commitments totalling $367m to private credit and private equity funds, as outlined in the materials presented at its 25 February board meeting, according to a report by Pension & Investment Online.

Buyout 45

Buyout Pension Funds Investing Leveraging 45

Private Equity Insights

JULY 12, 2024

European utility Engie has joined forces with Canada’s second-largest pension fund to try to buy British power network Electricity North West (ENWL), according to two sources with knowledge of the matter. Read more South Korea’s Hahn & Co raises $3.4bn for new buyout fund Aircraft landing gear maker Héroux-Devtek Inc.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Buyout 130

Private Equity Insights

JUNE 27, 2023

The Paris-based company has raised the money for a secondary fund that profits from institutional investors who sometimes have to sell stakes in private equity funds early. Typically, buyout funds lock up investors’ money for more than a decade. By contrast, its flagship buyout fund had raised $15.5bn by the end of March.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Funds 130

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. The attractions of sticking with private credit are obvious.

Pension Funds 130

Pension Funds Buyout Leveraged Buyouts Asset Management 130

Private Equity Wire

SEPTEMBER 2, 2024

The Louisiana Teachers’ Retirement System, which has $26.5bn in assets, has approved new commitments totalling $364m to private markets investment vehicles, according to a report by Pensions & Investments Online. As of 30 June, the pension fund’s actual allocation to alternative assets and real estate stood at 48%.

Pension Funds 94

Pension Funds Buyout Debt Assets 94

Pension Pulse

DECEMBER 4, 2024

Poirier is the chief executive officer of NeuState Advisory, a firm he founded, and a former executive in the pensions division of asset manager State Street Corp. Again, for me it's straightforward, OMERS is a large global pension fund but it doesn't need two boards. billion ($95.2 billion) as of June.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Buyout Pension Funds 59

Private Equity Insights

JANUARY 26, 2024

Macy’s added that it had asked Jefferies, the financial advisor for the buyout group, for updates around Arkhouse and Brigade’s plans to fund the deal earlier this month, but “no additional information” was provided. Read more Canada’s Top Pension Funds Embark on Major Private Credit Expansion with C$1.3

Private Equity Firms 130

Private Equity Firms Private Equity Firms Bidding Pension Funds 130

AltAssets

JUNE 19, 2024

Financial advisory and asset management major Lazard has brought in former Citigroup managing director Ali Syed to boost its coverage of sovereign wealth funds and pensions.

Pension Funds 75

Pension Funds Capital Funds Asset Management 75

Private Equity Insights

SEPTEMBER 27, 2023

As global funds seek alternative markets for investments and fundraising due to restrictions in China, Korea is emerging as a focal point. According to industry sources on Sunday, KIC will allocate 200bn won to Apollo Global Management’s 10th buyout fund.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Pension Funds 130

Pension Pulse

MARCH 17, 2025

Bloomberg reports OMERS hires partner of Temasek-backed fund as Global Head of Private Equity: The Ontario Municipal Employees Retirement System hired Alexander Fraser, a former partner of a Temasek-backed fund, as the global head of its private equity arm. billion) in assets. He starts March 17. billion ($19.1

Private Equity Managers 59

Private Equity Managers Education Buyout Pension Funds 59

Pension Pulse

FEBRUARY 12, 2025

Layan Odeh of Bloomberg reports CPPIB plows at least $5 billion into private equity in three months: Canada Pension Plan Investment Board poured at least $5 billion into private equity in the last three months of 2024 as the asset class regained appeal. Canadas largest pension notched a 3.8% billion 10-year net return of 9.2%

Mergers and Acquisitions 59

Mergers and Acquisitions Investing Stakes Buyout 59

Private Equity Professional

OCTOBER 8, 2024

Renovus Capital Partners has held an oversubscribed and above-target closing of its fourth private equity fund, Renovus Capital Partners IV Core Buyout LP and parallel vehicles (Fund IV), with $875 million of capital. Earlier this year, Renovus closed its first multi-asset continuation fund with $325 million of capital.

Capital 130

Capital Funds Pension Funds Buyout 130

Private Equity Wire

AUGUST 12, 2024

Lazard has recruited Courtney Haydon from Guggenheim Securities as Managing Director to enhance its private equity and alternative asset management dealmaking capabilities, according to a report by Reuters. The move is part of a broader recruitment strategy by Lazard aimed at increasing its business with buyout firms.

Pension Funds 97

Pension Funds Buyout Asset Management Banks 97

Private Equity Wire

OCTOBER 1, 2024

The private equity consortium led by buyout giant CVC Capital Partners, alongside Nordic Capital and Platinum Ivy, poised to acquire Hargreaves Lansdown has expanded its roster of lenders backing the £5.4bn deal, accordong tome report by the Business Desk.

Pension Funds 97

Pension Funds Buyout Bidding Asset Management 97

Private Equity Wire

OCTOBER 17, 2024

The market for secondary sales of private equity (PE) stakes is experiencing unprecedented activity this year as investors look to exit ageing assets due to a cash crunch and a slowdown in dealmaking, according to a report by the Financial Times.

Stakes 95

Stakes Buyout Private Equity Firms Private Equity Firms 95

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. Results from this stress-testing exercise are expected by year-end.

Hedge Funds 87

Hedge Funds Buyout Private Equity Firms Private Equity Firms 87

Private Equity Wire

AUGUST 22, 2023

Danish pension fund PenSam awards €300m QIC PE mandate Submitted 22/08/2023 - 11:22am PenSam, Denmark's largest pension fund, which has around €24bn in assets has awarded a €300m (DKK2.2bn) mandate to the Queensland Investment Corporation (QIC) to invest in European private equity investments.

Pension Funds 52

Pension Funds Buyout Funds Assets 52

Private Equity Wire

OCTOBER 10, 2024

Private equity firm Renovus Capital Partners (Renovus) has held the final close of its fourth private equity fund Renovus Capital Partners IV Core Buyout, which was significantly oversubscribed with total capital commitments of $875m. Earlier this year, Renovus announced the closing of its first multi-asset continuation fund at $325m.

Private Equity Firms 94

Private Equity Firms Private Equity Firms Pension Funds Funds 94

Private Equity Wire

OCTOBER 31, 2024

Earlier this year, Verdane successfully closed its mid-market growth buyout fund Edda III at its €1.1bn hard cap, taking firm-wide assets under management to more than €8bn. Further information is available in Verdane’s latest 2023 sustainability report.

Pension Funds 92

Pension Funds Funds Buyout Legal 92

Private Equity Wire

SEPTEMBER 22, 2023

Keensight Capital, a private equity manager dedicated to making European growth buyout investments with offices in Paris, London and Boston, has raised €2.8bn in funds to invest in companies operating in the technology and healthcare sectors.

Companies 105

Companies Capital Pension Funds Private Equity Managers 105

Private Equity Insights

DECEMBER 5, 2023

The Singapore-based firm has received initial interest from North American pension funds totaling $500m ahead of the fund launch in January, according to a fund document seen by Bloomberg News. 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 Professional

AUGUST 21, 2024

Limited partners in the new funds span the globe and consist of corporations, pension funds, endowments, foundations, sovereign wealth funds, and private wealth investors. © 2024 Private Equity Professional | August 21, 2024

Buyout 100

Buyout Funds Pension Funds Venture Capital 100

Private Equity Wire

MARCH 20, 2024

Middle-market private equity and credit investment firm Comvest Partners has closed its sixth flagship private equity fund, Comvest Investment Partners VI (CIP VI), with total capital commitments of $881m. CIP VI attracted commitments from foundations, insurance companies, pension funds, asset managers, consultants and family offices.

Pension Funds 98

Pension Funds Funds Buyout Consultants 98

Private Equity Wire

DECEMBER 14, 2023

Fund III will continue Ara’s strategy of investing in the decarbonization of the industrial economy, the greatest source of carbon emissions globally. Fund III will continue Ara’s strategy of investing in the decarbonization of the industrial economy, the greatest source of carbon emissions globally.

Capital 95

Capital Pension Funds Buyout Leveraging 95

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 Wire

MAY 30, 2024

One of Australia’s largest pension funds, Rest, is set to significantly increase its private equity investments over the next two years, aiming for a 5% allocation by 2026, according to a report by Pensions & Investments. Other major Australian pension funds are also adjusting their private credit allocations.

Pension Funds 40

Pension Funds Funds Buyout Assets 40