David Toll
Tower Arch Capital, formed early last year by former executives at HGGC, has recently launched an institutional road show to finish raising a debut fund with help from placement agent Shannon Advisors, according to a source familiar with the effort.
Only about one in 10 respondents to a recent private equity survey on marketing and branding say they “love” social media and “use it regularly,” evidence that sponsors remain wary of fully embracing Twitter, Facebook, LinkedIn and other networks in their promotional campaigns.
The Blackstone Group’s Joe Baratta and The Carlyle Group’s David Rubenstein didn’t always see eye to eye during separate keynote talks at Harvard Business School on Feb. 9, most notably on the question of whether global or regional funds are the way to go.
Buyouts is now accepting applications for its fourteenth annual Deal of the Year awards, honoring exceptional buyouts that were fully or mostly realized in 2013.
Lazard Ltd’s Private Fund Advisory Group, which raises private equity and real estate funds, and whose fastest-growing business is advising on secondary sales, expects to hire at least three more people over the next several months, according to a source close to the group.
The industry has been touting its ability to create jobs for some time. Should it be placing greater emphasis on jobs saved?
Inquiring regulators want to know.
Two former partners of Austin Ventures have set up their own Austin-based private equity firm, Tritium Partners, to take majority stakes in Internet, media, supply chain, business services and financial services companies that are growing fast or have the potential to do so, Buyouts has learned.
Pantheon, the fund-of-funds manager, has raised €504 million ($688.6 million) for a separate account managed on behalf of client Bayerische Versorgungskammer. BVK is the largest public pension manager in Germany.
A white paper published this month by the Commonfund Institute concludes that buyout funds, venture funds, hedge funds and other pools of alternative investments have “in general, contributed significantly” to performance for endowments and foundations over the last 20 years, either by boosting returns or smoothing volatility. And the institute sees more of the same […]