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 98

Capital Pension Funds Funds Financial Institutions 98

Private Equity Insights

NOVEMBER 10, 2023

Today, the firm’s flagship Private Equity strategy focuses on businesses with enterprise values between $300m to $5bn in five target sectors – Business & Industrial Services, Consumer, Industrials, Healthcare and Software. Davis Polk & Wardwell LLP served as legal counsel for HP IX.

Buyout 130

Buyout 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. Clifford Chance and Carey Olsen acted as the fund’s legal counsel.

Private Equity Firms 98

Private Equity Firms Private Equity Firms Pension Funds Funds 98

The Big Picture

MAY 9, 2023

So what I mean by that is, first, understand the duration of your funding source. Pension funds have quite long-dated capital. So first, understand the duration of that funding source. And then the second is, understand the return requirement of that funding source. Capital rules were changing.

Liabilities 119

Liabilities Assets Banks Hedge Funds 119

Pension Pulse

JULY 11, 2024

another Canadian pensions giant, told Bloomberg recently. A key challenge for regulators is that much of PE’s borrowing was arranged with loose legal terms at a time when lenders were fighting for deals, making it easier today to use financial wizardry to keep sickly businesses alive.

Buyout 59

Buyout Debt Leveraging Pension Funds 59

Pension Pulse

JULY 27, 2023

As part of the agreement, FDJ, which is the operator of the French National Lottery, will purchase the shares from Ontario Teachers' Pension Plan, An Post, and An Post Pension Fund. FDJ acquires the entire capital of this company for an enterprise value of 350 million euros.

Pension Funds 52

Pension Funds Bidding Stakes Best Practices 52

The Big Picture

JANUARY 24, 2023

So I did my thesis on how leveraged buyouts work from the legal and the business side. In the history of our private equity effort, we’ve generated over $70 billion of enterprise value gains without one missed interest payment, and added over 61,000 jobs without one missed interest payment. It was just huge for the time.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105