Private Equity Wire

JANUARY 13, 2025

Buyout firms have long relied on controversial loans backed by equity stakes to enhance fund returns, but growing investor criticism has triggered a slowdown, according to a report by Bloomberg UK. This shift partly reflects a rebalancing of power, enabling LPs in private equity funds, such as pension funds to exert influence over GPs.

Investors 98

Investors Buyout Private Equity Firms Private Equity Firms 98

Private Equity Insights

NOVEMBER 10, 2023

New York-based private equity firm Harvest Partners (Harvest), has closed it latest buyout fund, Harvest Partners IX and its parallel funds (HP IX) with $5.34bn in capital commitments, ahead of its $5.25bn target. read more The post Harvest Partners closes latest buyout found at $5.3bn appeared first on Private Equity Insights.

Buyout 130

Buyout Private Equity Firms Private Equity Firms Pension Funds 130

Private Equity Insights

JANUARY 26, 2024

Apollo is one of a number investors, both wealthy individuals and professional money managers, that have reached out in recent weeks to BDT & MSD Partners, the investment bank advising the Redstones, according to people familiar with the discussions. Trillion in Assets Six of Canada's biggest pension funds managing C$1.3

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Pension Funds 130

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 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. Reducing this to 12% means pulling approximately $9.7bn from private equity investments. of its portfolio.

Pension Funds 95

Pension Funds Buyout Funds Assets 95

Private Equity Wire

NOVEMBER 8, 2024

Global pension funds have continued to ramp up their private equity investments in 2024, with the 20 largest funds globally allocating a combined $707.6bn to the asset class so far this year, according to a report by Banking Exchange.

Pension Funds 92

Pension Funds Private Equity Firms Private Equity Firms Buyout 92

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 Professional

FEBRUARY 3, 2025

Blue Sage raised Fund IV without a placement agent and limited the fund’s size to maintain its focus on lower-middle market investments, despite strong limited partner interest generated within just a few months of fundraising. Kirkland & Ellis provided legal services to Blue Sage on the Fund IV fundraise.

Pension Funds 100

Pension Funds Buyout Legal Funds 100

AltAssets

NOVEMBER 28, 2023

European pension funds are committing a "miniscule" amount of their vast capital to VC funds in the region, continuing their historical trend of punching below their weight, new research from Atomico shows.

Pension Funds 98

Pension Funds Funds Capital Venture Capital 98

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

SEPTEMBER 27, 2023

South Korea’s sovereign wealth fund, Korea Investment Corporation (KIC), is set to invest $150m in Apollo Global Management, the world’s second-largest private equity firm. As global funds seek alternative markets for investments and fundraising due to restrictions in China, Korea is emerging as a focal point.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Pension Funds 130

AltAssets

AUGUST 7, 2024

The $145.5bn-managing New York State Teachers’ Retirement System has agreed to invest more than $800m across a string of private equity fundraises. The post NY pension giant commits more than $800m to buyout funds first appeared on AltAssets Private Equity News.

Buyout 98

Buyout Funds Pension Funds Investing 98

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 97

Pension Funds Funds Buyout Capital 97

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. The investments included a 24.5% 31, according to Bloomberg calculations.

Mergers and Acquisitions 59

Mergers and Acquisitions Investing Stakes Buyout 59

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. EQT and Kühne Holding AG, the investment vehicle of logistics tycoon Klaus-Michael Kühne, will become long-term anchor shareholders in Flix, according to a statement Thursday confirming an earlier Bloomberg News report.

Stakes 130

Stakes Mergers and Acquisitions Private Equity Firms Private Equity Firms 130

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.

Stakes 59

Stakes Professional Services Buyout Pension Funds 59

AltAssets

NOVEMBER 22, 2024

US pension fund giant the New York State Common Retirement Fund has agreed a hefty $4.6bn of new alternatives fund commitments. The post NY State Common Retirement Fund commits $4.6bn across PE, credit, secondaries and RE appeared first on AltAssets Private Equity News.

Pension Funds 98

Pension Funds Funds Debt Buyout 98

Private Equity Wire

JUNE 26, 2023

Secondary funds offer pension funds and other investors the chance to secure an early exit from private equity buyout investments, which typically lock up investor cash for more than a decade, and have become increasingly common as institutional investors have upped their PE allocations in recent years.

Buyout 81

Buyout Stakes Pension Funds Funds 81

AltAssets

SEPTEMBER 27, 2024

The post LLR Partners picks up PennSERS backing for latest buyout fundraise appeared first on AltAssets Private Equity News. LLR Partners has picked up more institutional investor backing for its seventh flagship fundraise, which is currently out targeting up to $2.25bn.

Buyout 96

Buyout Pension Funds Investors 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

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. Source: Private Equity Wire Can’t stop reading?

Pension Funds 130

Pension Funds Funds Buyout Asset Management 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. The broader Asia-Pacific private equity market saw investment activity rise to $138bn in 2024, an 8.1% increase from the prior year.

Leveraged Buyouts 45

Leveraged Buyouts Buyout Private Equity Firms Private Equity Firms 45

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 75

Pension Funds Funds Venture Capital Capital 75

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

DECEMBER 13, 2023

Ara Partners (“Ara” or the “Firm”), a leading private equity and infrastructure investment firm specializing in industrial decarbonization, today announced that it has closed over $3bn of new capital commitments. ” Mr. . ” Mr. Cherington and Mr. Thacker founded Ara in 2017.

Funds 130

Funds Bidding Private Equity Firms Private Equity Firms 130

Pension Pulse

DECEMBER 4, 2024

He was the long-time chair of the Toronto Port Authority and, earlier in his career, advised a committee of Canada’s Senate on issues that included the creation of major public-sector pension funds such as the Public Sector Pension Investment Board.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Buyout Pension Funds 59

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

JANUARY 23, 2024

Wynnchurch Capital, 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.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Capital Pension Funds 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

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

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 75

Pension Funds Capital Funds Asset Management 75

Private Equity Insights

JANUARY 26, 2024

billion take private bid from investing firm Arkhouse and hedge fund Brigade earlier this month. 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.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Bidding Pension Funds 130

Private Equity Wire

AUGUST 14, 2024

In her new role, Sulaiman will be responsible for driving investment origination and execution, building and maintaining relationships with key intermediaries, PE managers, company management teams and peer investors, as well as monitoring existing investments within Europe. from law firm Macfarlanes, where he served as Analyst.

Buyout 98

Buyout Private Equity Firms Private Equity Firms Private Equity Managers 98

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? In 2022, Ares’ direct lending tied to such buyouts totaled $26.4 Apollo Global Management, and KKR.

Pension Funds 130

Pension Funds Buyout Leveraged Buyouts Asset Management 130

Pension Pulse

JULY 22, 2024

Sarah Rundell of Top1000Funds reports UN pension fund slashes equity and pushes into impact and venture: The United Nations Joint Staff Pension Fund (UNJSPF) recently reduced the allocation to equity in its $92.5 We are in a strong position compared to peers,” reflects Guazo who has led investment since 2020.

Pension Funds 59

Pension Funds Hedge Funds Funds Assets 59