Buyout and Pension Funds - Private Equity Central

Fraizer closes $2.3bn buyout fund after hitting target in just half a year

AltAssets

NOVEMBER 21, 2024

Frazier Healthcare Partners closed its $2.3bn Frazier Healthcare Growth Buyout Fund XI, exceeding its target in just six months The fund, known as FHGB XI, is focused on controlling interests in middle-market healthcare companies and secured strong backing from global limited partners, including public pension funds, financial institutions, sovereign (..)

Buyout

Buyout Pension Funds Financial Institutions Funds

Pamlico Capital closes $1.75bn Fund VI amid strong investor demand

Private Equity Insights

MARCH 11, 2025

The firm specialises in growth equity and buyouts within communications, healthcare IT, information services, software, and tech-enabled services. PC VI secured commitments from a diverse group of limited partners, including endowments, foundations, insurance firms, family offices, and pension funds.

Capital

Capital Buyout Investors Private Equity Firms

Apollo and ICG expand into South Korea as private equity gains momentum

Private Equity Insights

MARCH 12, 2025

The country’s growing pool of pension funds and increasing corporate restructuring activities are drawing the attention of alternative investment firms worldwide. Lower interest rates are expected to further fuel leveraged buyouts, setting the stage for an active 2025, Deloitte reported. increase from the previous year.

Mergers and Acquisitions

Mergers and Acquisitions Leveraged Buyouts Buyout Exit Strategy

MassPRIM picks out GTCR smaller buyout fund, Nordic Capital mid-market vehicle in latest commitments

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

Buyout Capital Funds Pension Funds

Era of private credit outperformance over PE may be ending, says State Street

Private Equity Wire

NOVEMBER 11, 2024

Private credit’s edge over buyout funds has been evident in seven of the last 10 quarters, partly due to direct lenders’ floating-rate loans, which provide steady interest payments. In the second quarter, private debt saw returns of 2.18%, while buyouts posted 1.47%, according to State Street’s index.

Leveraged Buyouts

Leveraged Buyouts Buyout Pension Funds Leveraging

Blackstone, KKR, CVC curbed by China’s IPO clampdown

Private Equity Wire

DECEMBER 24, 2024

The difficulties in exiting investments have made some institutional investors, including pension funds, more cautious about allocating capital to the region. As a result, buyout groups have sought alternative exit routes, such as selling stakes to domestic or multinational firms or other private equity groups.

Exit Strategy

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Wealthy Families Fuel $20bn Private Equity Buyout Wave

Private Equity Insights

JUNE 8, 2024

Ultra-rich individuals and families worth more than $150bn are helping drive a resurgence in private equity buyouts, providing capital for some of the year’s biggest acquisitions to overcome a tough dealmaking environment. ASA in January with funding from Denmark’s Kirk Kristiansen dynasty, the owners of Lego Group.

Buyout

Buyout Private Equity Firms Private Equity Firms Pension Funds

FCERA commits additional $140m to alternatives

Private Equity Wire

FEBRUARY 7, 2025

The Fresno County Employees’ Retirement Association (FCERA) has approved $140m in new commitments to alternative investment funds during the fourth quarter of 2024, according to a report by Pension & Investments Online citing a letter from retirement investment officer Conor Hinds.

Buyout

Buyout Pension Funds Debt Capital

PE rethinks NAV loans as investors push back

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

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Harvest Partners closes latest buyout found at $5.3bn

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. Harvest and its affiliates have over $20 billion of assets under management.

Buyout

Buyout Private Equity Firms Private Equity Firms Pension Funds

Nordic Capital closes €2bn fund

Private Equity Wire

DECEMBER 24, 2024

According to a recent release, the fund raised in just four months and attracting a diverse range of investors from across Europe, the Americas, Asia, and the Middle East includes public and private pension funds, asset managers, sovereign wealth funds, family offices, and financial institutions, among its investor base.

Capital

Capital Pension Funds Funds Financial Institutions

Largest Texas pension fund to cut $10bn from PE allocation

Private Equity Wire

JULY 19, 2024

TRS plans to implement this reduction starting in October, focusing on smaller middle-market funds instead of large buyout funds.

Pension Funds

Pension Funds Buyout Funds Assets

Shamrock Capital raises $1.6bn for sixth PE flagship fund and inaugural small cap fund

Private Equity Wire

NOVEMBER 5, 2024

The funds will focus on buyout and later-stage growth equity investments in middle market companies across Shamrock’s target sectors, seeking to capture Shamrock’s proprietary middle-market deal flow, thematic approach, and expertise, and value creation capabilities by utilising the same strategy Shamrock has implemented since 2001.

Capital

Capital Pension Funds Funds Financial Institutions

Vitruvian raises over $8bn for latest buyout fund

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

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Arizona Public Safety makes $450m private credit and private equity commitments

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

Pension Funds Buyout Assets Funds

Pension funds are still punching below their weight in European VC

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

Pension Funds Funds Capital Venture Capital

It’s All Green at Blue Sage

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

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Insight Partners, Pollen Street funds pick up Texas Teachers pension fund backing

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

Pension Funds Funds Buyout Capital

NY pension giant commits more than $800m to buyout funds

AltAssets

AUGUST 7, 2024

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

Buyout

Buyout Funds Pension Funds Investing

Blackstone to sell Japan’s Alinamin to MBK for $2.2bn

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

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NY State Common Retirement Fund commits $4.6bn across PE, credit, secondaries and RE

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

Pension Funds Funds Debt Buyout

LACERS allocates $367m to private credit and private equity investments

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

Buyout Pension Funds Investing Leveraging

KKR to Acquire Varsity Brands from Bain Capital for $4.75bn

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

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Ares Raises $1.7 Billion for Australia Private Credit Fund

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

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LLR Partners picks up PennSERS backing for latest buyout fundraise

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

Buyout Pension Funds Investors Funds

South Korea solidifies standing as PE hub

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

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EQT & German Tycoon Buy €1bn Stake in Greyhound Owner Flix

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

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Ardian raises $20bn for secondary fund targeting stakes in buyout funds

Private Equity Wire

JUNE 26, 2023

The report cites unnamed sources familiar with the matter as saying that Paris-based Ardian, which has around $150 billion under management, is ultimately targeting $25 billion for the new fund.

Buyout

Buyout Stakes Pension Funds Funds

Clearlake and Insight close to $2bn private credit deal for Alteryx LBO

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

Leveraged Buyouts Pension Funds Buyout Leveraging

Apollo To Target Top Family Offices

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

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Astorg raises a €1.4bn Normec continuation fund

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

Pension Funds Funds Buyout Asset Management

New Mexico’s $44bn pension fund unveils latest VC, credit fund commitments

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

Pension Funds Funds Venture Capital Capital

Lazard brings in Citigroup’s Syed to lead sovereign wealth, pension fund private capital advisory

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

Pension Funds Capital Funds Asset Management

The Paris Based Private Equity Firm Ardian Raises Over $20bn For Secondaries Fund

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.

Private Equity Firms

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Louisiana Teachers makes new $264m private markets commitment

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

Pension Funds Buyout Debt Assets

Wynnchurch Capital closes fund VI at $3.5bn

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

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Robert Poirier to Lead OMERS Governance Review; OPE Acquires Integris

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. Still, I will wait to read the final report to see what Mr. Poirier has to say.

Private Equity Firms

Private Equity Firms Private Equity Firms Buyout Pension Funds

Advent to buy Ryan Reynolds-backed fintech Nuvei in $6.3 bn deal

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

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BlackFin Capital Partners closes €1.8bn asset light financial service buyout fund

Private Equity Wire

OCTOBER 21, 2024

BlackFin’s global base of LPs is well diversified and includes Public Pension Funds, Sovereigns, Fund of Funds, Insurance & Asset Managers, Endowments and Family Offices. Fund IV will continue BlackFin’s highly successful strategy of investing across asset-light financial services subsegments.

Financial Services

Financial Services Assets Buyout Capital

Apollo to get an investment worth $150m from KIC

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

Private Equity Firms Private Equity Firms Buyout Pension Funds

Here are the latest private equity funds being backed by Illinois’ $11bn teacher pension fund

AltAssets

AUGUST 22, 2023

The $11bn-managing Illinois Teachers Retirement System has reportedly picked out TA Associates' latest flagship fund as the largest in its latest tranche of alternatives commitments. The post Here are the latest private equity funds being backed by Illinois’ $11bn teacher pension fund first appeared on AltAssets Private Equity News.

Pension Funds

Pension Funds Funds Buyout Investing

Another big pension fund commits to KPS Capital Partners’ $8bn-targeting Fund VI

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

Pension Funds Capital Funds Investing

Silver Lake set to take over software company Qualtrics in $12.5bn deal

Financial Times M&A

MARCH 12, 2023

Buyout with Canada’s largest pension fund is expected to be one of biggest this year

Pension Funds

Pension Funds Buyout Companies Funds

Ares Faces Its Biggest Decision Yet: Stick With Private Credit or Become an Alts Supermarket

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

Pension Funds

Pension Funds Buyout Leveraged Buyouts Asset Management

Fraizer closes $2.3bn buyout fund after hitting target in just half a year

Pamlico Capital closes $1.75bn Fund VI amid strong investor demand

Trending Sources

Apollo and ICG expand into South Korea as private equity gains momentum

MassPRIM picks out GTCR smaller buyout fund, Nordic Capital mid-market vehicle in latest commitments

Era of private credit outperformance over PE may be ending, says State Street

Blackstone, KKR, CVC curbed by China’s IPO clampdown

Wealthy Families Fuel $20bn Private Equity Buyout Wave

FCERA commits additional $140m to alternatives

PE rethinks NAV loans as investors push back

Harvest Partners closes latest buyout found at $5.3bn

Nordic Capital closes €2bn fund

Largest Texas pension fund to cut $10bn from PE allocation

Shamrock Capital raises $1.6bn for sixth PE flagship fund and inaugural small cap fund

Vitruvian raises over $8bn for latest buyout fund

Arizona Public Safety makes $450m private credit and private equity commitments

Pension funds are still punching below their weight in European VC

It’s All Green at Blue Sage

Insight Partners, Pollen Street funds pick up Texas Teachers pension fund backing

NY pension giant commits more than $800m to buyout funds

Blackstone to sell Japan’s Alinamin to MBK for $2.2bn

NY State Common Retirement Fund commits $4.6bn across PE, credit, secondaries and RE

LACERS allocates $367m to private credit and private equity investments

KKR to Acquire Varsity Brands from Bain Capital for $4.75bn

Ares Raises $1.7 Billion for Australia Private Credit Fund

LLR Partners picks up PennSERS backing for latest buyout fundraise

South Korea solidifies standing as PE hub

EQT & German Tycoon Buy €1bn Stake in Greyhound Owner Flix

Ardian raises $20bn for secondary fund targeting stakes in buyout funds

Clearlake and Insight close to $2bn private credit deal for Alteryx LBO

Apollo To Target Top Family Offices

Astorg raises a €1.4bn Normec continuation fund

New Mexico’s $44bn pension fund unveils latest VC, credit fund commitments

Lazard brings in Citigroup’s Syed to lead sovereign wealth, pension fund private capital advisory

The Paris Based Private Equity Firm Ardian Raises Over $20bn For Secondaries Fund

Louisiana Teachers makes new $264m private markets commitment

Wynnchurch Capital closes fund VI at $3.5bn

Robert Poirier to Lead OMERS Governance Review; OPE Acquires Integris

Advent to buy Ryan Reynolds-backed fintech Nuvei in $6.3 bn deal

BlackFin Capital Partners closes €1.8bn asset light financial service buyout fund

Apollo to get an investment worth $150m from KIC

Here are the latest private equity funds being backed by Illinois’ $11bn teacher pension fund

Another big pension fund commits to KPS Capital Partners’ $8bn-targeting Fund VI

Silver Lake set to take over software company Qualtrics in $12.5bn deal

Ares Faces Its Biggest Decision Yet: Stick With Private Credit or Become an Alts Supermarket

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