The Howard Marks-led firm has issued its first quarter filing, reporting revenues of $318.3m and a first close on its ninth Opportunities fund on $1.2bn.
The London-based financial advisory business is expected to join a growing contingent of players looking to capitalise on the UK’s debt funding void.
The Hong Kong-based private equity firm is one step closer to its final close thanks to a $100m commitment from US pension fund, CalPERS.
AnaCap Financial Partners has met its £350m hard cap for its second credit opportunities fund, which raised almost six times as much capital as its first 2010-vintage debt investment vehicle.
Capstone will pay off debt using cash generated from its sale of 20% of Bristol Water. The UK water utility marked the first-ever non-energy Capstone investment.
The Blackstone Group’s ‘tactical opportunities’ business is targeting $3bn to $5bn, which will be raised through the formation of separate, customised accounts with limited partners.
The firm has formed a $600m customised account with a large pension system, and could launch its next flagship buyout fund later this year, according to firm president Marc Spilker.
The $24.7bn pension system will issue separate requests-for-proposals for an alternatives consultant and a real estate consultant, with plans to award new contracts by the end of the year.
John Fenton, who took over Metrolink after a deadly 2008 collision, has been appointed boss of SteelRiver-owned Patriot Rail. Fenton has private sector experience. SteelRiver bought 100% of Patriot Tuesday.
This year’s ranking of the largest private equity firms in Asia-Pacific reveals two newcomers in the top five, underscoring the region’s changing dynamics and growth. PE Asia takes a closer look at the top five GPs on the fundraising charts