Noble Fund Managers has held the first close of its venture debt fund.
The UK's second largest pension fund the Universities Superannuation Scheme is demonstrating its appetite for alternatives with the appointment of two private equity specialists to lead its co-investment programme alongside its fund investments.
KKR’s negotiations with underwriters of the First Data deal -- the second such mega deal for which banks have had difficulty syndicating the debt -- will be a harbinger of things to come, says Dechert attorney Scott Zimmerman.
The European mid-market firm Bridgepoint is beginning discussions with investors for its fourth fund, targeting a 45 percent increase on its 2005 fund Bridgepoint Europe III.
When corporate restructuring affects the security of a defined benefit pension scheme, trustees will insist they are invited to the negotiating table. Myles Pink looks at the ways in which corporate activity has been affected by changes to pensions legislation, the influence of scheme trustees in the negotiating process and what options are available for private equity acquirers.
Dedicated secondary buyers are flat out, with billion dollar portfolio disposals being arranged by leading LPs such as CalPERS. At the same time, buyers are beginning to seriously contemplate what an end to the private equity boom might mean for them. Philip Borel reports.
A new Softbank affiliate is making its mark across Asia.
Operational heavyweight Bruno Deschamps swaps Clayton, Dubilier for 3i.
Finland’s state pension fund wants to increase its alternatives allocation still further after another strong set of results.
John Stomber, chief executive of Carlyle Capital Corporation, has apologised to shareholders about poor communication of portfolio troubles as its parent makes its second loan in a week.