Private Equity Wire

JANUARY 22, 2024

Wynnchurch Capital (Wynnchurch), a middle market private equity firm focused on recapitalisations, growth capital, management buyouts, corporate carve-outs, and restructurings, has closed its sixth private equity fund, Wynnchurch Capital Partners VI, with $3.5bn of capital commitments.

Capital 98

Capital Private Equity Firms Private Equity Firms Pension Funds 98

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 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

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 soon-to-be-launched private credit fund has a target investment return rate of 15% to 18% and will avoid distressed situations.

Capital 130

Capital Private Equity Firms Private Equity Firms Initial Public Offering 130

Private Equity Insights

FEBRUARY 9, 2024

Billion for Australia Private Credit Fund Ares Management Corp. billion) for a credit fund for Australia and. read more Dutch Pension Fund Divests $3B from Fossil Fuel Firms Dutch pension fund PFZW has completed a $3.02 Read more Ares Raises $1.7 has raised A$2.6 billion ($1.7 billion (EUR 2.8

Leveraged Buyouts 130

Leveraged Buyouts Pension Funds Buyout Leveraging 130

AltAssets

DECEMBER 10, 2024

The $110bn-managing Massachusetts Pension Reserves Investment Management Board has picked a trio of private equity fundraises among its latest commitments. The post MassPRIM picks out GTCR smaller buyout fund, Nordic Capital mid-market vehicle in latest commitments appeared first on AltAssets Private Equity News.

Buyout 89

Buyout Capital Funds Pension Funds 89

Private Equity Wire

DECEMBER 24, 2024

Major private equity firms have faced significant obstacles in selling or listing their China-based portfolio companies in 2023, with Beijings tightening restrictions on IPOs and a decelerating economy having left foreign investors capital effectively trapped, according to a report by the Financial Times.

Exit Strategy 96

Exit Strategy Private Equity Firms Private Equity Firms Pension Funds 96

Private Equity Insights

JULY 18, 2023

Global buyout firm Apollo Global Management is building out a new team to target family offices as its looks to widen its fundraising efforts to include ultra-wealthy investors as well as institutions, according to a report by Bloomberg. read more The post Apollo To Target Top Family Offices appeared first on Private Equity Insights.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Pension Funds 130

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 Private Equity Managers Pension Funds 105

AltAssets

APRIL 25, 2024

Pension fund managment major the New Jersey Division of Investment as picked out CVC Capital and Bain Capital vehicles among its latest suite of fund commitments. The post CVC, Bain Capital funds get New Jersey pension backing amid $875m of new commitments first appeared on AltAssets Private Equity News.

Pension Funds 103

Pension Funds Capital Funds Debt 103

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. The post Lazard brings in Citigroup’s Syed to lead sovereign wealth, pension fund private capital advisory first appeared on AltAssets Private Equity News.

Pension Funds 67

Pension Funds Capital Funds Asset Management 67

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

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. Source: Pulse News Can’t stop reading? stake in Indian cancer.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Pension Funds 130

Private Equity Insights

APRIL 5, 2024

The buyout of Nuvei, which has a market capitalization of nearly $4.42 Existing shareholders – Fayer, private equity firm Novacap and Canadian pension fund CDPQ – are expected to indirectly own or control about 24%, 18% and 12%, respectively, of the equity in the private company after the deal closes.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Buyout 130

Private Equity Wire

SEPTEMBER 2, 2024

These new commitments follow previous private markets investments made by the pension fund in 2021, which included $100m to Thomas H Lee Equity Fund XI and $75m each to ICG Europe Fund VIII and Summit Partners Growth Equity Fund XI.

Pension Funds 94

Pension Funds Buyout Debt Assets 94

Private Equity Wire

NOVEMBER 5, 2024

Shamrock Capital (Shamrock), an LA-based investment firm specialising in the media, entertainment, and communications sectors, has held the final closing of Shamrock Capital Growth Fund VI (Growth VI) and Shamrock Capital Clover Fund I (Clover I), with a combined $1.6bn in capital commitments.

Capital 93

Capital Pension Funds Funds Financial Institutions 93

Private Equity Insights

MARCH 17, 2023

Question is: Can it become a one-stop shop for pension funds, endowments, insurers, and sovereign wealth funds eager for exposure to every major alternative-asset class — without diminishing its private credit franchise? At the end of 2022, the weighted average EBITDA of Ares Capital’s portfolio companies reached $275 million.

Pension Funds 130

Pension Funds Buyout Leveraged Buyouts Asset Management 130

Private Equity Wire

JANUARY 22, 2024

Alto Partners, an Italian mid-market private equity firm, has closed its latest fund, Alto Capital V, at €273m, notching a 30% increase over its predecessor, Alto Capital IV, which closed at €210m. It utilises both buyout and selected expansion investments, with the equity ticket ranging from €20m to €40m.

Private Equity Firms 97

Private Equity Firms Private Equity Firms Pension Funds Buyout 97

AltAssets

SEPTEMBER 18, 2023

The $40bn-managing South Carolina Retirement System Investment Commission is the latest LP to back KPS Capital Partners' $8bn-targeting Special Situations Fund VI. The post Another big pension fund commits to KPS Capital Partners’ $8bn-targeting Fund VI first appeared on AltAssets Private Equity News.

Pension Funds 64

Pension Funds Capital Funds Investing 64

AltAssets

JANUARY 11, 2024

The $187bn-managing Teacher Retirement System of Texas has picked a pair of Insight Partners funds among its latest raft of alternatives commitments. The post Insight Partners, Pollen Street funds pick up Texas Teachers pension fund backing first appeared on AltAssets Private Equity News.

Pension Funds 82

Pension Funds Funds Buyout Capital 82

AltAssets

AUGUST 31, 2023

New Mexico State Investment Council, a $44bn-managing pension fund investor, has picked private credit and a string of venture capital vehicles in its latest suite of fund commitments. The post New Mexico’s $44bn pension fund unveils latest VC, credit fund commitments first appeared on AltAssets Private Equity News.

Pension Funds 69

Pension Funds Funds Venture Capital Capital 69

Private Equity Wire

AUGUST 14, 2024

Insight Partners, a PE and VC firm focused on tech and software investment, has now raised over $10bn for its 13th flagship fund, ahead of a final close which is expected in early 2025, according to a report by Venture Capital Journal citing sources familiar with the matter.

Pension Funds 98

Pension Funds Venture Capital Buyout Capital 98

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

AUGUST 12, 2024

The $36.1bn pension fund has allocated $75m to Fortress Credit Opportunity Fund VI, an opportunistic credit fund managed by Fortress Investment Group.

Pension Funds 98

Pension Funds Buyout Venture Capital Funds 98

Private Equity Wire

DECEMBER 11, 2024

The report cites TRS spokesman Rob Maxwell as confirming in a an emailed statement, that in November, TRS allocated $100m to KCO Fund Co-Invest, a buyout co-investment fund managed by Kingswood Capital Management, plus $75m to Frazier Healthcare Growth Buyout Fund XI, a buyout fund managed by Frazier Healthcare Partners.

Buyout 95

Buyout Private Equity Managers Pension Funds Assets 95

Private Equity Professional

AUGUST 21, 2024

HarbourVest has held an oversubscribed, hard cap, and final closing of its eleventh private equity secondaries fund, Dover Street XI LP , with $15.1 billion of capital. In addition, the firm held a final close for its Secondary Overflow Fund V LP with an additional $3.4 billion of capital.

Buyout 100

Buyout Funds Pension Funds Venture Capital 100

This is going to be BIG.

APRIL 21, 2013

Ten years ago, I was an analyst for the General Motors pension fund, working on fund investments into leveraged buyout funds and venture capital deals. I literally wrote the investment memo for GMs investment into Accel IX, otherwise known as the "Facebook Fund." (I Venture Capital & Technology'

Leveraged Buyouts 125

Leveraged Buyouts Venture Capital Buyout Pension Funds 125

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 Consulting 98

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.

Private Equity Firms 94

Private Equity Firms Private Equity Firms Pension Funds Funds 94

Private Equity Wire

OCTOBER 17, 2024

Pension funds and endowments, which have seen limited cash payouts from their unlisted investments, are driving a surge in these once-niche transactions. The surge in activity reflects the ongoing challenges in the $4tn buyout industry, which has been hit hard by rising interest rates and a significant reduction in dealmaking.

Stakes 95

Stakes Buyout Private Equity Firms Private Equity Firms 95

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. Other investors in Idun II include global private and public pension funds, leading university endowments, foundations, insurance companies, and family offices.

Pension Funds 92

Pension Funds Funds Buyout Legal 92

AltAssets

AUGUST 29, 2024

Pension fund giant the Los Angeles County Employees Retirement Association has revealed more than $450m of new private equity fund commitments and co-investments. The post LACERA pensions picks Kingswood, Lightyear Capital among latest PE fund commitments, co-investments appeared first on AltAssets Private Equity News.

Pension Funds 89

Pension Funds Capital Funds Investing 89

AltAssets

NOVEMBER 30, 2023

The $3.7bn-managing San Antonio Fire & Police Pension Fund has picked four private equity firms to receive its latest tranche of fund commitments. The post San Antonio pension picks PSG, Arlington Capital among new private equity commitments first appeared on AltAssets Private Equity News.

Pension Funds 87

Pension Funds Private Equity Firms Private Equity Firms Capital 87

This is going to be BIG.

NOVEMBER 16, 2015

I was working for the GM pension fund, an institutional LP, as an analyst, doing a research project on consumer private equity and venture capital investing. I was researching consumer focused funds, building and fixing brands, and talking to just about every consumer minded investor I could find.

Venture Capital 151

Venture Capital Capital Pension Funds Buyout 151

Private Equity Wire

JANUARY 7, 2025

The Iowa Municipal Fire & Police Retirement System, based in West Des Moines, has allocated $188m in new and follow-on commitments to private equity, according to a recent flash report on the pension funds website. The $3.4bn pension fund approved these investments during its board meeting on 14 November.

Pension Funds 63

Pension Funds Buyout Venture Capital Investing 63

Private Equity Insights

DECEMBER 13, 2023

With the ongoing growth of its platform, Vistara is now seeking to broaden its investor base by targeting pension funds and other institutional investors, and geographically by launching vehicles for both US and international investors. is weighing a bid for UK's Pension Insurance Corporation.

Funds 130

Funds Bidding Private Equity Firms Private Equity Firms 130

Private Equity Wire

FEBRUARY 7, 2024

Ahead of the Private Equity Wire European ESG Summit, Marta Jankovic, Head of Sustainability at Stafford Capital Partners, talks to us about her vision of sustainability within the firm and the broader industry, trends to look out for this year and why GP outreach is key to net zero alignment.

Capital 98

Capital Best Practices Pension Funds Buyout 98