Fundraising

In line with one of its sector focuses, the firm is opening a Californian office so its its telecoms, media and technology executives have a base in the heart of the US technology centre.

The global mid-market buyout firm attracted interest nearly double its planned €5bn target, but it scaled back the fund giving existing limited partners priority.

The infrastructure-focussed private equity firm has invested R400 million in a clean energy service company, its third such investment in the last six months.

The pension’s overall annual return of 4.5 percent – its lowest return in five years – was boosted by alternatives. Teachers’ annual report said real estate was the highest performing asset class returning 14.7 percent.

The pension’s lowest annual return for five years was boosted by alternatives, despite private equity returns falling by almost two-thirds. Teachers’ also faces a $587 million break-up fee if the BCE transaction fails to close.

The potential for private equity growth in the Middle East is undeniable. Opportunities to invest abound. Capital is plentiful. But people are in short supply. Nicholas Lockley looks at how the region is tackling the human capital issue.

How are LPs in the West approaching the Chinese market? Jennifer Harris tests the waters.

The private equity firm said it had closed its ninth real estate fund and the largest fund ever raised as it promises to take advantage of the current market dislocation.

In keeping with the tourist crowds, Andy Thomson also set out to discover the latest fashions in Paris. For private equity firms facing uncertain times ahead, standing out from the crowd has never been more important.

The continuing flow of capital that is being attracted by even the larger private equity funds appears to have put paid to any notion that investors in the asset class would opt out at a time when market conditions have become more challenging. However, the jury is out on whether the fundraising momentum will be sustained once the effects of any downturn can be more clearly seen. Andy Thomson reports.